Bill Text: TX HB3583 | 2013-2014 | 83rd Legislature | Introduced
Bill Title: Relating to renewable energy technology capable of serving peak demand.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-03-25 - Referred to State Affairs [HB3583 Detail]
Download: Texas-2013-HB3583-Introduced.html
By: Strama | H.B. No. 3583 |
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relating to renewable energy technology capable of serving peak | ||
demand. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 39.904, Utilities Code, is amended by | ||
amending Subsections (a), (b), and (o) and adding Subsection (d-1) | ||
to read as follows: | ||
(a) It is the intent of the legislature that after January | ||
1, 2022, [ |
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of generating capacity from renewable energy technologies will have | ||
been installed in this state, 5,000 megawatts of which must be | ||
renewable energy technology capable of serving peak demand. The | ||
cumulative installed renewable capacity in this state shall total: | ||
(1) 6,880 megawatts by January 1, 2015, 1,000 | ||
megawatts of which must be from renewable energy technology capable | ||
of serving peak demand and 5,880 megawatts of which may be from | ||
other renewable energy technologies; | ||
(2) 7,880 megawatts by January 1, 2016, 2,000 | ||
megawatts of which must be from renewable energy technology capable | ||
of serving peak demand and 5,880 megawatts of which may be from | ||
other renewable energy technologies; | ||
(3) 8,880 megawatts by January 1, 2018, 3,000 | ||
megawatts of which must be from renewable energy technology capable | ||
of serving peak demand and 5,880 megawatts of which may be from | ||
other renewable energy technologies; | ||
(4) 9,880 megawatts by January 1, 2020, 4,000 | ||
megawatts of which must be from renewable energy technology capable | ||
of serving peak demand and 5,880 megawatts of which may be from | ||
other renewable energy technologies; | ||
(5) 10,880 megawatts after January 1, 2022, 5,000 | ||
megawatts of which must be from renewable energy technology capable | ||
of serving peak demand and 5,880 megawatts of which may be from | ||
other renewable energy technologies[ |
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(b) The commission shall establish a renewable energy | ||
credits trading program. Any retail electric provider, municipally | ||
owned utility, or electric cooperative that does not satisfy the | ||
requirements of Subsection (a) by directly owning or purchasing | ||
capacity using renewable energy technologies shall purchase | ||
sufficient renewable energy credits to satisfy the requirements by | ||
holding renewable energy credits in lieu of capacity from renewable | ||
energy technologies. | ||
(d-1) In this section, "renewable energy technology capable | ||
of serving peak demand" means a renewable energy technology that: | ||
(1) may be dispatched by the operator regardless of | ||
environmental or weather conditions; or | ||
(2) during the preceding year, provided energy at a | ||
capacity factor of at least 40 percent between 1 p.m. and 8 p.m. in | ||
June, July, August, and September. | ||
(o) The commission may establish an alternative compliance | ||
payment. An entity that has a renewable energy purchase requirement | ||
under this section may elect to pay the alternative compliance | ||
payment instead of applying renewable energy credits toward the | ||
satisfaction of the entity's obligation under this section. The | ||
commission may establish a separate alternative compliance payment | ||
for the goal of installing 5,000 [ |
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renewable energy technologies capable of serving peak demand [ |
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renewable energy purchase requirement that could be satisfied with | ||
a renewable energy credit from wind energy may not be less than | ||
$2.50 per credit or greater than $20 per credit. Prior to September | ||
1, 2009, an alternative compliance payment under this subsection | ||
may not be set above $5 per credit. In implementing this subsection, | ||
the commission shall consider: | ||
(1) the effect of renewable energy credit prices on | ||
retail competition; | ||
(2) the effect of renewable energy credit prices on | ||
electric rates; | ||
(3) the effect of the alternative compliance payment | ||
level on the renewable energy credit market; and | ||
(4) any other factors necessary to ensure the | ||
continued development of the renewable energy industry in this | ||
state while protecting ratepayers from unnecessary rate increases. | ||
SECTION 2. This Act takes effect September 1, 2013. |