Resolutions E-4168 and E-4157 Southern California Edison (SCE) requests approval of contracts with a new wind facility and a new solar photovoltaic facility.

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Presentation transcript:

Resolutions E-4168 and E-4157 Southern California Edison (SCE) requests approval of contracts with a new wind facility and a new solar photovoltaic facility

Resolution E-4168 and E-4157 Granite Wind results from SCE’s 2006 RPS Solicitation and FSE Blythe results from SCE’s 2007 RPS Solicitation Contract Price: Granite Wind is at or below the 2006 MPR FSE Blythe is at or below the 2007 MPR Granite Wind is dependent on an extension of the federal production tax credit and FSE Blythe is dependent on an extension of the federal investment tax credit Energy Division recommends approval of these PPAs without modifications Generating facility Type Term Years MW Capacity GWh Energy Online Date Location Granite WindWind, new /31/2009 San Bernardino, CA FSE Blythe Solar photovoltaics (PV), new /2009Blythe, CA

Resolution E-4157 SCE sought CPUC approval and recovery in rates of all payments under the FSE Blythe Contract  These payments are outside of the energy price  According to SCE’s 2007 Pro Forma Renewable PPA, these payments can include: CAISO charges Costs associated with environmental attributes, capacity attributes, and resource adequacy benefits Simple interest payments on items such as development fees and performance assurance Resolution E-4157 approves these payments, but requires SCE to report these payments to the Commission