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HomeMy WebLinkAboutRESO 9929 10292020AB 1 Resolution No. 9929 Resolution of the Council of the City of Palo Alto Approving the 2020 Renewables Portfolio Standard Procurement Plan and 2020 Renewables Portfolio Standard Enforcement Program R E C I T A L S A. In September 2018, Governor Brown signed into law Senate Bill 100, the 100 Percent Clean Energy Act, which raised the amounts of renewable energy that electric utilities are required to procure under the California Renewables Portfolio Standard (RPS) Program to 60% by 2030, and established a policy that 100% of the state’s electricity supply should come from zero-carbon resources by 2045. B. Under the California RPS Program, the City must adopt a RPS Procurement Plan to conform to state law, and must provide notice to the public and California Energy Commission (CEC) regarding any proposed modifications to its RPS Procurement Plan. C. To carry out the California RPS Program, the CEC adopted regulations specifying procedures for enforcement of the Renewables Portfolio Standards for publicly owned utilities such as the City of Palo Alto Utilities department (CPAU), entitled "Enforcement Procedures for the Renewables Portfolio Standard for Local Publicly Owned Electric Utilities" (CEC RPS Regulations, effective April 12, 2016). D. The City of Palo Alto first adopted a RPS Procurement Plan on December 12, 2011 (Resolution 9215) and subsequently updated it on November 12, 2013 (Resolution 9381) and December 3, 2018 (Resolution 9802) to align with updates to the California RPS Program law set forth in Senate Bill 350 (2015). E. The City of Palo Alto first adopted a RPS Enforcement Program on December 12, 2011 (Resolution 9214) and subsequently updated it on December 3, 2018 (Resolution 9802) to align with Senate Bill 350. The Council of the City of Palo Alto does hereby RESOLVE as follows: SECTION 1. The Council hereby approves the 2020 Renewables Portfolio Standard Procurement Plan (Exhibit A), to align with Senate Bill 100. SECTION 2. The Council hereby approves the 2020 Renewables Portfolio Standard Enforcement Program (Exhibit B), to align with Senate Bill 100. // // // DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 10292020AB 2 // SECTION 3. The Council finds that the adoption of this resolution approving the 2020 RPS Procurement Plan and 2020 RPS Enforcement Program is not a project subject to California Environmental Quality Act (CEQA) review because adoption of this resolution is an administrative government activity that will not result in any direct or indirect physical change to the environment as a result (CEQA Guidelines section 15378(b)(5)). INTRODUCED AND PASSED: December 7, 2020 AYES: DUBOIS, FILSETH, FINE, KNISS, KOU, TANAKA NOES: ABSENT: CORMACK ABSTENTIONS: ATTEST: ___________________________ ___________________________ City Clerk Mayor APPROVED AS TO FORM: APPROVED: ___________________________ ___________________________ Deputy City Attorney City Manager ___________________________ Director of Utilities ___________________________ Director of Administrative Services DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 1 of 15 CITY OF PALO ALTO’S RENEWABLE PORTFOLIO STANDARD PROCUREMENT PLAN Version 4 December 2020 REVISION HISTORY Version Date Resolution Description 4 12/07/20 Updated to reflect Senate Bill 100 (2018) requirements 3 12/03/18 9802 Updated to reflect Senate Bill 350 (2015) requirements 2 11/12/13 9381 Updated to reflect adoption of final CEC regulations, effective 10/1/13, permitting the City to adopt rules for Excess Procurement, Compliance Delay, Cost Limitations, Portfolio Balancing Reductions, and Historic Carryover. Other non-substantive clean up. 1 12/12/11 9215 Original version per Senate Bill X1 2 (2011) requirements Exhibit A to Attachment A CIT 'Y OF PALO A 0 UTILITIES DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 2 of 15 TABLE OF CONTENTS INTRODUCTION ............................................................................................................................................................. 3 A. PURPOSE OF THE PLAN (PUC § 399.30(a)) ............................................................................................................ 4 B. PLAN ELEMENTS .................................................................................................................................................... 4 1. Compliance Period Definitions ......................................................................................................................... 4 2. Procurement Requirements ............................................................................................................................. 4 3. Portfolio Content Categories (PCC) .................................................................................................................. 5 4. Portfolio Balancing Requirements .................................................................................................................... 6 5. Long-Term Contract Requirement .................................................................................................................... 6 6. Reasonable Progress ........................................................................................................................................ 6 C. OPTIONAL COMPLIANCE MEASURES .................................................................................................................... 6 1. Excess Procurement (PUC §399.13(a)(4)(B)) .................................................................................................... 6 2. Waiver of Timely Compliance (§ 399.30(d)(2), § 399.15(b)(5)) ........................................................................ 7 3. Cost Limitations for Expenditures (PUC § 399.30(d), § 399.15(c)) ................................................................... 9 4. Portfolio Balance Requirement Reduction (PUC § 399.16(e)) ........................................................................ 10 5. Historic Carryover ........................................................................................................................................... 11 6. Large Hydro Exemption (PUC § 399.30(k)) ..................................................................................................... 12 D. ADDITIONAL PLAN COMPONENTS ...................................................................................................................... 13 1. Exclusive Control (PUC § 399.30(m)) .............................................................................................................. 13 2. Deliberations & Reporting (PUC § 399.30(e), § 399.30(f)) ............................................................................. 13 3. Annual Review ................................................................................................................................................ 14 4. Plan Modifications/Amendments ................................................................................................................... 14 DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 3 of 15 INTRODUCTION This document presents the City of Palo Alto Utilities’ (CPAU) Renewables Portfolio Standard Procurement Plan (RPS Procurement Plan), as required for compliance with Senate Bill (SB) 100.1 This legislation, which was signed into law in the 2018 Session of the Legislature, modified the state’s renewable portfolio standard (RPS) program and set forth RPS requirements applicable to all load-serving entities in the state. Pursuant to Public Utility Code § 399.30(a) and Section 3205 of the California Energy Commission’s (CEC) “Enforcement Procedures for the Renewables Portfolio Standard for Local Publicly Owned Electric Utilities”2 (RPS Regulations), each POU must adopt and implement a renewable energy resources procurement plan (RPS Procurement Plan). SB X1 2, signed into law in 2011, directed the CEC to adopt regulations specifying procedures for enforcement of the RPS for Publicly Owned Utilities. This RPS Procurement Plan replaces the RPS Procurement Plan approved by the Palo Alto City Council (City Council) on December 3, 2018 (Resolution No. 9802, Staff Report No. 9761) and is consistent with the provisions set forth in the CEC’s RPS Regulations, which have been adopted by the CEC and approved by the Office of Administrative Law, with an effective date of April 12, 2016.3 CPAU’s RPS Procurement Plan consists of: A. Purpose of the plan; B. Plan Elements; C. Measures that address each of the optional provisions set forth in §399.30(d) and RPS Regulations Section 3206; and D. Additional provisions. Where appropriate, this RPS Procurement Plan includes section citations to the Public Utilities Code (PUC) and the CEC’s RPS Regulations. 1 SB 100 (2018) was signed by California’s Governor on September 10, 2018, and made significant revisions to Public Utilities Code sections 399.11-399.32, the California Renewables Portfolio Standard Program. 2 California Code of Regulations, Title 20, Division 2, Chapter 13, Sections 3200 - 3208 and Title 20, Division 2, Chapter 2, Section 1240. 3 At the time of writing for this edition of CPAU’s RPS Procurement Plan, the RPS Regulations had not been updated with SB 100 and subsequent legislative requirements. Where both Public Utility Codes and RPS Regulations are cited but the RPS Regulations are outdated, CPAU’s RPS Procurement Plan will reflect the more current Public Utility Codes. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 4 of 15 A. PURPOSE OF THE PLAN (PUC § 399.30(A)) In order to fulfill unmet long-term generation resource needs, the City Council adopts and implements this RPS Procurement Plan. This Plan requires the utility to procure a minimum quantity of electricity products from eligible renewable energy resources, including renewable energy credits (RECs), as a specified percentage of CPAU’s total kilowatt-hours of electrical energy sold to its retail end-use customers, during each compliance period, to achieve the targets specified in SB 100 and the RPS Regulations. This RPS Procurement Plan establishes the framework for achieving the minimum requirements under SB 100 and the RPS Regulations, and does not include or preclude actions taken by CPAU to achieve the City Council’s goals. B. PLAN ELEMENTS CPAU will comply with the requirements for renewables procurement targets set forth in SB 100 and the applicable enforcement procedures codified in the CEC’s RPS Regulations, including implementation of the following Plan Elements: 1. Compliance Period Definitions CPAU has adopted the relevant compliance period definitions identified in PUC § 399.30(b). 2. Procurement Requirements CPAU shall meet or exceed the following procurement targets of renewable energy resources for each compliance period per PUC §§ 399.30(c)(1) and (2) and the CEC’s RPS Regulations: Compliance Period 1 Target ≥ 20% × (CPAU Retail Sales2011_+ CPAU Retail Sales2012 + CPAU Retail Sales2013). Compliance Period 2 Target ≥ 20% × CPAU Retail Sales2014 + 20% × CPAU Retail Sales2015 + 25% × CPAU Retail Sales2016 Compliance Period 3 Target ≥ 27% × CPAU Retail Sales2017 + 29% × CPAU Retail Sales2018 + 31% × CPAU Retail Sales2019 + 33% × CPAU Retail Sales2020 Compliance Period 4 Target ≥ 35.75% × CPAU Retail Sales2021 + 38.5% × CPAU Retail Sales2022 + 41.25% × CPAU Retail Sales2023 + 44% × CPAU Retail Sales2024 Compliance Period 5 Target ≥ 46% × CPAU Retail Sales2025 + 50% × CPAU Retail Sales2026 + 52% × CPAU Retail Sales2027 DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 5 of 15 Compliance Period 6 Target ≥ 54.67% × CPAU Retail Sales2028 + 57.33% × CPAU Retail Sales2029 + 60% × CPAU Retail Sales2030 For every subsequent three-year Compliance Period (e.g., 2031-2033), CPAU shall procure renewable energy resources equivalent to at least sixty percent (60%) of retail kilowatt- hour sales during that Compliance Period. The procurement targets listed for each individual year above are soft targets. That is, by the end of each Compliance Period, CPAU’s RPS total for the period has to equal the sum of the annual targets, but the targets do not have to be achieved in each individual year. 3. Portfolio Content Categories (PCC) CPAU adopts the definitions for qualifying electric products and Portfolio Content Categories (PCC) per Sections 3202 and 3203 of the CEC’s RPS Regulations. a. How CPAU Plans to Achieve its RPS Requirements per Section 3205(a)(1) of the CEC’s RPS Regulations CPAU’s RPS portfolio will include grandfathered contracts (commonly referred to as “PCC 0”), which are executed prior to June 1, 2010, and PCC 1 eligible resources, which are typically directly or dynamically connected to a California balancing authority. CPAU’s RPS portfolio may also include PCC 2 eligible resources that are scheduled into a California balancing authority, and PCC 3 eligible resources, which are typically unbundled renewable energy credits (RECs). PCC 0 resources are defined in Section 3202(a)(2) of the CEC’s RPS Regulations, while PCC 1, 2, and 3 resources are defined in Section 3203 of the CEC’s RPS Regulations. CPAU shall determine the category to which each procured resource belongs. In its 2011 through 2017 RPS Compliance Reports, CPAU listed a total of five PCC 0 contracts. All five of these contracts extend through the end of Compliance Period 3, and all have achieved commercial operation. On their own, these PCC 0 contracts were sufficient to enable CPAU to meet its Compliance Period 1 and 2 RPS targets. CPAU has currently executed six contracts for PCC 1 resources. The first five of these, executed between 2012 and 2014, have all commenced operation, between 2014 and 2016. The sixth PCC 1 contract, executed in 2016, is contracted to commence operation in 2021 and begin energy deliveries to CPAU in 2023. With these six PCC 1 resources, along with its five PCC 0 contracts, CPAU forecasts that its renewable energy supplies will be well in excess of its procurement requirements through at least Compliance Period 6. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 6 of 15 4. Portfolio Balancing Requirements In satisfying the procurement requirements listed in section B.3 of this RPS Procurement Plan, CPAU shall also satisfy the legally-required portfolio balancing requirements specifying the limits on quantities for PCC 1 and PCC 3 per PUC § 399.30(c)(3), §§ 399.16(c)(1) and (2). CPAU shall apply the formulae specified in Section 3204(c) of the CEC’s RPS Regulations to determine these portfolio balance requirements. Renewable energy procured from PCC 0 contracts shall be excluded from these portfolio balancing requirement formulae. 5. Long-Term Contract Requirement In meeting the RPS procurement requirements identified in section B.3 of this RPS Procurement Plan, CPAU is subject to long-term contract requirements. Consistent with Public Resources Code § 399.13(b), CPAU may enter into a combination of long- and short-term contracts for electricity and associated renewable energy credits. Beginning January 1, 2021, at least 65 percent of CPAU’s procurement that counts toward the RPS requirement of each compliance period shall be from its contracts of 10 years or longer or in its ownership or ownership agreements for eligible renewable energy resources. 6. Reasonable Progress CPAU shall demonstrate that it is making reasonable progress towards ensuring that it shall meet its compliance period targets during intervening years per PUC §§ 399.30(c)(2). C. OPTIONAL COMPLIANCE MEASURES As permitted by Section 3206(a) of the CEC’s RPS Regulations, the City Council hereby adopts rules permitting the use of each of the following five optional compliance measures included in the CEC’s RPS Regulations: Excess Procurement, Delay of Timely Compliance, Cost Limitations, Portfolio Balance Requirement Reduction, and Historic Carryover. The City Council also hereby adopts rules permitting the use of the Large Hydro Exemption as described in PUC § 399.30(l). 1. Excess Procurement (PUC §399.13(a)(4)(B)) a. Adoption of Excess Procurement Rules The City Council has elected to adopt rules permitting CPAU to apply excess procurement in one compliance period to a subsequent compliance period, as described in Section 3206(a)(1) of the CEC’s RPS Regulations. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 7 of 15 b. Limitations on CPAU’s Use of Excess Procurement CPAU shall be allowed to apply Excess Procurement from one compliance period to subsequent compliance periods as long as the following conditions are met: 1. Excess Procurement shall only include generation from January 1, 2011 or later. 2. Eligible resources must be from Content Category 1 or Grandfathered Resources to be Excess Procurement. Resources from Content Category 2 or Content Category 3 will not count towards Excess Procurement. c. Excess Procurement Calculation CPAU shall calculate its Excess Procurement according to formulae in section 3206 (a)(1)(D) of the CEC’s RPS Regulations. d. City Council Review CPAU’s use of the Excess Procurement to apply towards CPAU’s RPS procurement target in any compliance period will be reviewed by the City Council during its annual review as per section D.3 of this RPS Procurement Plan. 2. Waiver of Timely Compliance (§ 399.30(d)(2), § 399.15(b)(5)) a. Adoption of Waiver of Timely Compliance Rules The City Council has elected to adopt rules permitting it to make a finding that conditions beyond CPAU’s control exist to delay timely compliance with RPS procurement requirements, as described in Section 3206(a)(2) of the CEC’s RPS Regulations. b. Waiver of Timely Compliance Findings The City Council may make a finding, based on sufficient evidence presented by CPAU staff, and as described in this Section C.2, that is limited to one or more of the following causes of delay, and shall demonstrate that CPAU would have met its RPS procurement requirements but for the cause of the delay: (1) Inadequate Transmission i. There is inadequate transmission capacity to allow for sufficient electricity to be delivered from CPAU’s proposed eligible renewable energy resource projects using the current operational protocols of the California Independent System Operator’s Balancing Authority Area. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 8 of 15 ii. If the City Council’s delay finding rests on circumstances related to CPAU’s transmission resources or transmission rights, the City Council may find that: a) CPAU has undertaken, in a timely fashion, reasonable measures under its control and consistent with its obligations under local, state, and federal laws and regulations, to develop and construct new transmission lines or upgrades to existing lines intended to transmit electricity generated by eligible renewable energy resources, in light of its expectation for cost recovery. b) CPAU has taken all reasonable operational measures to maximize cost-effective purchases of electricity from eligible renewable energy resources in advance of transmission availability. (2) Permitting, interconnection, or other factors that delayed procurement or insufficient supply. i. Permitting, interconnection, or other circumstances have delayed procured eligible renewable energy resource projects, or there is an insufficient supply of eligible renewable energy resources available to CPAU. ii. In making its findings relative to the existence of this condition, the City Council’s deliberations shall include, but not be limited to the following: a) Whether CPAU prudently managed portfolio risks, including, but not limited to, holding solicitations for RPS-eligible resources with outreach to market participants and relying on a sufficient number of viable projects; b) Whether CPAU sought to develop its own eligible renewable energy resources, transmission to interconnect to eligible renewable energy resources, or energy storage used to integrate eligible renewable energy resources. c) Whether CPAU procured an appropriate minimum margin of procurement above the minimum procurement level necessary to comply with the renewables portfolio standard to compensate for foreseeable delays or insufficient supply; d) Whether CPAU has taken reasonable measures, under its control to procure cost-effective distributed generation and allowable unbundled renewable energy credits; DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 9 of 15 e) Whether actions or events beyond CPAU’s control have adversely impacted timely deliveries of renewable energy resources including, but not limited to, acts of nature, terrorism, war, labor difficulty, civil disturbance, or market manipulation; (3) Unanticipated curtailment of eligible renewable energy resources if the delay would not result in an increase in greenhouse gas emissions. (4) Unanticipated increase in retail sales due to transportation electrification. In making a finding that this condition prevents timely compliance, the City Council shall consider both of the following: (i) Whether transportation electrification significantly exceeded forecasts in CPAU’s service territory based on the best and most recently available information filed with the State Air Resources Board, the Energy Commission, or another state agency. (ii) Whether CPAU took reasonable measures to procure sufficient resources to account for unanticipated increases in retail sales due to transportation electrification. c. Procedures upon Approving Waiver: In the event of a Waiver of Timely Compliance due to any of the factors set forth above, CPAU shall implement the following procedures: (1) Establish additional reporting for intervening years to demonstrate that reasonable actions under the CPAU’s control are being taken (§399.15(b)(6)). (2) Require a demonstration that all reasonable actions within the CPAU’s control have been taken to ensure compliance in order to grant the waiver (§ 399.15(b)(7)). 3. Cost Limitations for Expenditures (PUC § 399.30(d), § 399.15(c)) a. Cost Limitations for Expenditures The City Council has elected to adopt rules for cost limitations on the procurement expenditures used to comply with CPAU’s procurement requirements, as described in Section 3206(a)(3) of the CEC’s RPS Regulations. These cost limitation rules are intended to be consistent with PUC §399.15(c). b. Considerations in Development of Cost Limitation Rules In adopting cost limitation rules, the City Council has relied on the following: DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 10 of 15 1) This Procurement Plan; 2) Procurement expenditures that approximate the expected cost of building, owning, and operating eligible renewable energy resources; 3) The potential that some planned resource additions may be delayed or canceled; and 4) Local and regional economic conditions and the ability of CPAU’s customers to afford produced or procured energy products. These economic conditions may include but are not limited to unemployment, wages, cost of living expenses, the housing market, and cost burden of other utility rates on the same customers. The City Council may also consider cost disparities between customer classes within Palo Alto, and between Palo Alto customers and other Publicly Owned Utility and Investor Owned Utility customers in the region. c. Cost Limitations Since 2002, the City of Palo Alto’s RPS policy has required that CPAU pursue a target level of renewable purchases while “[e]nsuring that the retail rate impact for renewable purchases does not exceed 0.5 ¢/kWh on average,” i.e., the cumulative incremental cost of all renewable resources over and above the estimated cost of an equivalent volume and shape of alternative non-RPS resources shall not cause a retail rate impact in excess of 0.5 ¢/kWh on average. This limit was first established by the City Council in October 2002 based on public input, and the goal of balancing resource reliability and cost considerations in the consideration of investment in renewable and energy efficiency resources. d. Actions to be Taken if Costs Exceed Adopted Cost Limitation If costs are anticipated to exceed the cost limitations set by the City Council, staff will present proposals to the City of Palo Alto’s Utilities Advisory Commission to either reduce the RPS requirements or increase the cost limitation. Staff and the Commission’s recommendations will then be taken to the City Council for action. 4. Portfolio Balance Requirement Reduction (PUC § 399.16(e)) a. Adoption of Portfolio Balance Requirement Reduction Rules The City Council has elected to adopt rules that allow for the reduction of the portfolio balance requirement for PCC 1 for a specific compliance period, consistent with PUC §399.16(e), as described in Section 3206(a)(4) of the CEC’s RPS Regulations. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 11 of 15 b. Portfolio Balance Requirement Reduction Rules CPAU may reduce the portfolio balance requirement for PCC1 for a specific compliance period, consistent with PUC §399.16 (e) and the following: 1. The need to reduce the portfolio balance requirements for PCC 1 must have resulted because of conditions beyond CPAU’s control, as provided in Section 3206(a)(2) of the CEC’s RPS Regulations. 2. CPAU may not reduce its portfolio balance requirement for PCC 1 below 65 percent for any compliance period after December 31, 2016. 3. Any reduction in portfolio balance requirements for PCC 1 must be adopted at a publicly noticed meeting, providing at least 10 calendar days’ notice to the CEC, and include an updated renewable energy resources procurement plan detailing the portfolio balance requirement changes. 5. Historic Carryover a. Adoption of Historic Carryover Rules The City Council has elected to adopt rules to permit its use of Historic Carryover, as defined in Section 3206(a)(5) of the RPS Regulations, to meet its RPS procurement targets. Current calculations indicate that CPAU has Historic Carryover due to CPAU’s early investment in renewable energy resources. b. Historic Carryover Procurement Criteria CPAU’s use of Historic Carryover is subject to section 3206 (a)(5) of the CEC’s RPS Regulations, including the following: 1) Procurement generated before January 1, 2011 may be applied to CPAU’s RPS procurement target for the compliance period ending December 31, 2013, or for any subsequent compliance period; and 2) The procurement must also meet the criteria of Section 3202 (a)(2) of the CEC’s RPS Regulations; and 3) The procurement must be in excess of the sum of the 2004-2010 annual procurement targets defined in Section 3206(a)(5)(D) of the CEC’s RPS Regulations; and 4) The procurement cannot have been applied to the RPS of another state or to a voluntary claim. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 12 of 15 5) The Historic Carryover must be procured pursuant to a contract or ownership agreement executed before June 1, 2010. 6) Both the Historic Carryover and the procurement applied to CPAU’s annual procurement targets must be from eligible renewable energy resources that were RPS-eligible under the rules in place for retail sellers at the time of execution of the contract or ownership agreement, except that the generation from such resources need not be tracked in the Western Renewable Energy Generation Information System. c. Historic Carryover Formula CPAU will calculate its Historic Carryover according to formulae in Section 3206 (a)(5)(C) and (D) of the CEC’s RPS Regulations. d. Historic Carryover Claims In conformance with the CEC’s RPS Regulations, CPAU submitted a Historic Carryover claim (of 368,733 MWh) to the CEC on January 6, 2014. The Historic Carryover submittal, which was subsequently accepted by the CEC, included baseline calculations, annual procurement target calculations, and other pertinent data. e. Council Review CPAU’s use of the Historic Carryover to apply towards CPAU’s RPS procurement target in any compliance period will be reviewed by the City Council during its annual review as per section D.3 of this RPS Procurement Plan. 6. Large Hydro Exemption (PUC § 399.30(k)) a. Adoption of Large Hydro Exemption Rules The City Council has elected to adopt rules permitting CPAU to reduce its annual RPS procurement requirements, as described in PUC §399.30(k). b. Limitations on CPAU’s Use of the Large Hydro Exemption CPAU shall be allowed to invoke the Large Hydro Exemption as long as the following conditions are met: 1. During a year within a compliance period, CPAU shall have received greater than 40% of its retail sales from large hydroelectric generation, which is defined as electricity generated from a hydroelectric facility that is not an eligible renewable energy resource. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 13 of 15 2. The large hydroelectric generation is produced at a facility owned by the federal government as a part of the federal Central Valley Project or a joint powers agency. 3. Only large hydroelectric generation that is procured under an existing agreement effective as of January 1, 2015, or an extension or renewal of that agreement, shall counted in the determination that CPAU has received more than 40 percent of its retail sales from large hydroelectric generation in any year. c. Large Hydro Exemption Calculation CPAU’s annual RPS procurement target for a year in which the Large Hydro Exemption is invoked shall equal the lesser of (a) the portion of CPAU’s retail sales unsatisfied by its large hydroelectric generation or (b) the annual RPS procurement soft target for that year, as listed in section B.2 of this RPS Procurement Plan. CPAU’s RPS procurement requirement for the compliance period that includes said year shall be adjusted to reflect any reduction in CPAU’s annual RPS procurement target pursuant to this section. d. City Council Review CPAU’s use of the Large Hydro Exemption to reduce its annual RPS procurement target in any compliance period will be reviewed by the City Council during its annual review as per section D.3 of this RPS Procurement Plan. D. ADDITIONAL PLAN COMPONENTS 1. Exclusive Control (PUC § 399.30(m)) In all matters regarding compliance with the RPS Procurement Plan, CPAU shall retain exclusive control and discretion over the following: a. The mix of eligible renewable energy resources procured by CPAU and those additional generation resources procured by CPAU for purposes of ensuring resource adequacy and reliability. b. The reasonable costs incurred by CPAU for eligible renewable energy resources owned by it. 2. Deliberations & Reporting (PUC § 399.30(e), § 399.30(f)) DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 14 of 15 a. Deliberations on Procurement Plan (§399.30(f), Section 3205(a)(3) of the CEC RPS Regulations): (1) Public Notice: Annually, CPAU shall post notice of meetings if the CPA Council will deliberate in public regarding this RPS Procurement Plan. (2) Notice to the California Energy Commission (CEC): Contemporaneous with the posting of a notice for such a meeting, CPAU shall notify the CEC of the date, time and location of the meeting in order to enable the CEC to post the information on its Internet website. (3) Documents and Materials Related to Procurement Status and Plans: When CPAU provides information to the CPA Council related to its renewable energy resources procurement status and future plans, for the City Council’s consideration at a noticed public meeting, CPAU shall make that information available to the public and shall provide the CEC with an electronic copy of the documents for posting on the CEC’s website. b. Compliance Reporting (Section 3207 of the CEC RPS Regulations) (1) CPAU shall submit an annual report to the CEC by July 1. The annual reports shall include the information specified in Section 3207(c) of the CEC RPS Regulations. (2) By July 1, 2021; July 1, 2025; July 1, 2028; July 1, 2031; and by July 1 of every third year thereafter, CPAU shall submit to the CEC a compliance report that addresses the annual reporting requirements of the previous section, and information for the preceding compliance period as specified in Section 3207(d) of the CEC RPS Regulations. 3. Annual Review CPAU’s RPS Procurement Plan shall be reviewed annually by the City Council in accordance with CPAU’s RPS Enforcement Program. 4. Plan Modifications/Amendments This RPS Procurement Plan may be modified or amended by an affirmative vote of the City Council during a public meeting. Any City Council action to modify or amend the plan must be publicly noticed in accordance with Section D.2.a. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS PROCUREMENT PLAN Effective 12-07-20 Page 15 of 15 Effective Date: This plan shall be effective on December 7, 2020. APPROVED AND ADOPTED this _________ day of __________________, 2020. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS ENFORCEMENT PROGRAM Effective 1-1-12 Updated 12-07-20 Page 1 of 4 CITY OF PALO ALTO’s RENEWABLE PORTFOLIO STANDARD ENFORCEMENT PROGRAM Version 3 December 2020 REVISION HISTORY Version Date Resolution Description 3 12/07/20 Updated to reflect Senate Bill 100 (2018) requirements 2 12/03/18 9802 Updated to reflect Senate Bill 350 (2015) requirements 1 12/12/11 9215 Original version per Senate Bill X1 2 (2011) requirements Exhibit B to Attachment A DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS ENFORCEMENT PROGRAM Effective 1-1-12 Updated 12-07-20 Page 2 of 4 1. The City shall have a program for the enforcement of a Renewables Portfolio Standard (RPS) program, which shall include all of the provisions set forth herein and shall be known as the City’s RPS Enforcement Program. 2. The RPS Enforcement Program shall be effective on January 1, 2012. 3. Not less than ten (10) days advance notice shall be given to the public before any meeting is held to make a substantive change to the RPS Enforcement Program. 4. Annually, the City Manager or their designee, the Utilities Director, shall cause to be reviewed the City’s RPS Procurement Plan to determine compliance with the RPS Enforcement Program. 5. Annual review of the RPS Procurement Plan shall include consideration of each of the following elements: A. By December 31, 2017, December 31, 2018, and December 31, 2019: 1. Ensure that the City is making reasonable progress toward meeting the December 31, 2020 compliance obligation of 33% renewable resources electricity, consistent with the RPS Procurement Plan. B. December 31, 2020 (end of Compliance Period 3), 1. Verify that that the City procured sufficient electricity products to meet the sum of 27% of its 2017, 29% of its 2018, 31% of its 2019, and 33% of its 2020 retail sales with eligible renewable resources from the specified Content Categories, consistent with the RPS Procurement Plan. C. By December 31, 2021, December 31, 2022, and December 31, 2023: 1. Ensure that the City is making reasonable progress toward meeting the December 31, 2024 compliance obligation of 44% renewable resources electricity, consistent with the RPS Procurement Plan. D. December 31, 2024 (end of Compliance Period 4), 1. Verify that that the City procured sufficient electricity products to meet the sum of 35.75% of its 2021, 38.5% of its 2022, 41.25% of its 2023, and 44% of its 2024 retail sales with eligible renewable resources from the specified Content Categories, consistent with the RPS Procurement Plan. E. By December 31, 2025 and December 31, 2026: 1. Ensure that the City is making reasonable progress toward meeting the December 31, 2027 compliance obligation of 52% renewable resources electricity, consistent with the RPS Procurement Plan. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS ENFORCEMENT PROGRAM Effective 1-1-12 Updated 12-07-20 Page 3 of 4 F. December 31, 2027 (end of Compliance Period 5), 1. Verify that that the City procured sufficient electricity products to meet the sum of 46% of its 2025, 50% of its 2026, and 52% of its 2027 retail sales with eligible renewable resources from the specified Content Categories, consistent with the RPS Procurement Plan. G. By December 31, 2028 and December 31, 2029: 1. Ensure that the City is making reasonable progress toward meeting the December 31, 2030 compliance obligation of 60% renewable resources electricity, consistent with the RPS Procurement Plan. H. December 31, 2030 (end of Compliance Period 6), 1. Verify that that the City procured sufficient electricity products to meet the sum of 54.67% of its 2028, 57.33% of its 2029, and 60% of its 2030 retail sales with eligible renewable resources from the specified Content Categories, consistent with the RPS Procurement Plan. I. December 31, 2031 and annually thereafter, 1. Ensure that the City is making reasonable progress toward meeting its compliance obligation of 60% renewable resources for each three-year compliance period beyond 2030, consistent with the RPS Procurement Plan. J. December 31, 2033 (and every three years thereafter), 1. Verify that that the City procured sufficient electricity products to meet 60% of its retail sales for that three-year compliance period (e.g., 2031- 2033) with eligible renewable resources from the specified Content Categories, consistent with the RPS Procurement Plan. K. If targets in any compliance period are not met, the City must: 1. Review the applicability of applying Excess Procurement from a previous Compliance Period or Historic Carryover consistent with the provisions of the RPS Procurement Plan; 2. Ensure that any Waiver of Timely Compliance was compliant with the provisions in the RPS Procurement Plan; 3. Ensure that any Portfolio Balance Requirement Reduction was compliant with the provisions in the RPS Procurement Plan; and 4. Review applicability and appropriateness of excusing performance based on the Cost Limitations on Expenditures or the Large Hydro Exemption provisions of the RPS Procurement Plan. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 PALO ALTO’S RPS ENFORCEMENT PROGRAM Effective 1-1-12 Updated 12-07-20 Page 4 of 4 6. If it is determined that the City has failed to comply with the provisions of its RPS Procurement Plan, the City Council shall take steps to correct any untimely compliance, including requiring the City Manager or their designee, the Utilities Director, to: A. Review the City’s RPS Procurement Plan to determine what changes, if any, are necessary to ensure compliance in the next Compliance Period; B. Report quarterly to the City Council regarding the progress being made toward meeting the compliance obligation for the next Compliance Period; and C. Report to the City Council regarding the status of meeting subsequent compliance targets, and all steps being taken to ensure that the obligation is timely met. DocuSign Envelope ID: DDED166A-693F-4914-BCF3-828850C75139 Certificate Of Completion Envelope Id: DDED166A693F4914BCF3828850C75139 Status: Completed Subject: Please DocuSign: RESO 9929 Renewables Portfolio Standard Procurement Plan and 2020 Renewables P... Source Envelope: Document Pages: 21 Signatures: 6 Envelope Originator: Certificate Pages: 2 Initials: 0 Danielle Kang AutoNav: Enabled EnvelopeId Stamping: Enabled Time Zone: (UTC-08:00) Pacific Time (US & Canada) 250 Hamilton Ave Palo Alto , CA 94301 Danielle.Kang@cityofpaloalto.org IP Address: 199.33.32.254 Record Tracking Status: Original 12/9/2020 3:11:14 PM Holder: Danielle Kang Danielle.Kang@cityofpaloalto.org Location: DocuSign Security Appliance Status: Connected Pool: StateLocal Storage Appliance Status: Connected Pool: City of Palo Alto Location: DocuSign Signer Events Signature Timestamp Aylin Bilir Aylin.Bilir@CityofPaloAlto.org Deputy City Attorney Security Level: Email, Account Authentication (None)Signature Adoption: Pre-selected Style Using IP Address: 67.180.217.241 Sent: 12/9/2020 3:22:20 PM Viewed: 12/9/2020 3:47:33 PM Signed: 12/9/2020 3:48:32 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign Kiely Nose Kiely.Nose@CityofPaloAlto.org Director, Administrative Services/CFO City of Palo Alto Security Level: Email, Account Authentication (None) Signature Adoption: Uploaded Signature Image Using IP Address: 73.70.132.132 Sent: 12/9/2020 3:48:35 PM Viewed: 12/9/2020 4:13:27 PM Signed: 12/9/2020 4:13:35 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign Dean Batchelor Dean.Batchelor@CityofPaloAlto.org Director of Utilities Security Level: Email, Account Authentication (None)Signature Adoption: Pre-selected Style Using IP Address: 199.33.32.254 Sent: 12/9/2020 4:13:38 PM Viewed: 12/9/2020 4:22:07 PM Signed: 12/9/2020 4:22:45 PM Electronic Record and Signature Disclosure: Not Offered via DocuSign Ed Shikada Ed.Shikada@CityofPaloAlto.org Ed Shikada, City Manager City of Palo Alto Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 199.33.32.254 Sent: 12/9/2020 4:22:48 PM Viewed: 12/10/2020 8:03:44 AM Signed: 12/10/2020 8:03:53 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign Signer Events Signature Timestamp Adrian Fine Adrian.Fine@CityofPaloAlto.org Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 108.228.10.70 Signed using mobile Sent: 12/10/2020 8:03:56 AM Viewed: 12/10/2020 9:06:07 AM Signed: 12/10/2020 9:06:21 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign Beth Minor beth.minor@cityofpaloalto.org City Clerk City of Palo Alto Security Level: Email, Account Authentication (None) Signature Adoption: Pre-selected Style Using IP Address: 199.33.32.254 Sent: 12/10/2020 9:06:24 AM Viewed: 12/10/2020 9:11:35 AM Signed: 12/10/2020 9:11:47 AM Electronic Record and Signature Disclosure: Not Offered via DocuSign In Person Signer Events Signature Timestamp Editor Delivery Events Status Timestamp Agent Delivery Events Status Timestamp Intermediary Delivery Events Status Timestamp Certified Delivery Events Status Timestamp Carbon Copy Events Status Timestamp Witness Events Signature Timestamp Notary Events Signature Timestamp Envelope Summary Events Status Timestamps Envelope Sent Hashed/Encrypted 12/9/2020 3:22:20 PM Certified Delivered Security Checked 12/10/2020 9:11:35 AM Signing Complete Security Checked 12/10/2020 9:11:47 AM Completed Security Checked 12/10/2020 9:11:47 AM Payment Events Status Timestamps