Renewable Electricity Standard Details
February 4, 2009
06:09 PM
Next Tuesday, Feb. 10, our Committee will meet at 10:00 a.m. to take testimony on the Democratic staff draft for Chairman Bingaman’s Renewable Electricity Standard. The hearing will be in Dirksen 366, witnesses TBA. We are happy to share this quick summing up:
-- The amendment requires sellers of electricity to retail consumers to obtain certain percentages of their electric supply from new renewable energy resources.
-- Percentages:
Calendar Year: .......................... Minimum annual %:
2011 through 2012 .................................... 4.0
2013 through 2015 .................................... 8.0
2016 through 2018 ................................... 12.0
2019 through 2020 ................................... 16.0
2021 through 2039 ................................... 20.0
-- Existing hydropower generators and municipal solid waste generators are excluded from the base amount from which the percentage requirements are calculated.
-- Qualifying renewables (including distributed generators) are wind, solar, ocean, geothermal, biomass, landfill gas and incremental hydropower.
-- This Federal RES will not affect state programs.
# # #
