Renewable Portfolio Standard
A Renewable Portfolio Standard (RPS) is a regulatory policy that requires the increased production of renewable energy sources such as wind, solar, biomass, and geothermal energies.
|Evolution of California's RPS|
|2002: SB 1078||20|
|2004: SB 1478||20|
|2006: SB 107||20||33*|
|2008: SB 411||20||33|
|2008: Proposition 7||20||40||50|
|* proposed for study|
The California Renewables Portfolio Standard was created in 2002 under Senate Bill 1078 and further accelerated in 2004 by Senate Bills 1478 and in 2006 by Senate Bill 107. The bills stipulate that California electricity corporations must expand their renewable portfolio by 1 percent each year until reaching 20 percent in 2010. A goal of 33 percent by 2020 is pending. 1 Proposition 7 would further accelerate standard, setting the goal of 50 percent by 2025.
- Guidelines, Publications, Reports, and Applications Forms for the Renewable Energy Program energy.ca.gov
- Renewable Portfolio Standard Wikipedia.org
- California Incentives for Renewable Energy: Renewables Portfolio Standard dsiraUSA.org
- Renewable Portfolio Standards NewAmerica.net