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Puerto Rico - Renewable Energy Portfolio Standard (Puerto Rico)
DSIRE/DtAdd 2010-07-26  +
DSIRE/LstUpdt July 5, 2012  +
Incentive/Active true  +
Incentive/ApplDsc Utility  +
Incentive/Auth2Code C2610 (2010) Act No. 83  +
Incentive/Auth2DtEff 2011-07-01  +
Incentive/Auth2DtEnact 2010-07-19  +
Incentive/Auth2Link  +
Incentive/AuthCode S1519 (2010) Act No. 82  +
Incentive/AuthDtEff 2010-07-19  +
Incentive/AuthDtEnact 2010-07-19  +
Incentive/AuthLink  +
Incentive/ContAddr P.O. Box 41314  +
Incentive/ContDept Energy Affairs Administration  +
Incentive/ContFax (787) 721-3089  +
Incentive/ContName General Info EAA  +
Incentive/ContPhone (787) 332 -0914  +
Incentive/ContPlace San Juan, Puerto Rico  +
Incentive/ContWebsite  +
Incentive/ContZip 00940  +
Incentive/CrdtTrdg Yes  +
Incentive/DsireLstSubModSummaryUpdt July 28, 2011  +
Incentive/DsireSyncDate 2011-04-30 19:17:30  +
Incentive/EnergyCat Renewable Energy Incentive Programs  +
Incentive/ImplSector State/Territory  +
Incentive/Name Puerto Rico - Renewable Energy Portfolio Standard  +
Incentive/Std 20% by 2035  +
Incentive/Summary <b><i>Note: Compliance for thi
<b><i>Note: Compliance for this standard does not begin until 2015. Additional rules and regulations are needed to implement this law; this record will be updated periodically as the rules are developed.</i></b> In July 2010, Puerto Rico enacted the island's first Renewable Energy Portfolio Standard in an effort to spur renewable energy development as well as reduce Puerto Rico's dependence on imported foreign oil (Puerto Rico relies heavily on oil to generate electricity. Approximately 70% of its electricity is produced this way). It requires the Autoridad de Energía Eléctrica de Puerto Rico (Puerto Rico Electric Power Authority or PREPA)* to supply 20% of retail electricity sales from eligible "green energy" resources by 2035. Green energy resources fall into two categories. The first category is "Sustainable Renewable Energy" which includes solar, wind, geothermal, renewable biomass, qualified hydroelectric energy, marine and hydrokinetic, ocean thermal, and any other "clean or renewable energy" as defined by the Energy Affairs Administration via future regulation. The second category is "Alternative Renewable Energy," which includes energy derived from municipal solid waste (MSW), landfill gas, anaerobic digestion, fuel cells, and any other "alternative energy" as defined by the Energy Affairs Administration via future regulation. Renewable biomass, qualified hydroelectric, and MSW are further defined in the law. The different categories were created with the potential federal renewable energy standard in mind; the "sustainable renewable energy resources" would qualify under Puerto Rico's standard and also a potential, future federal standard; whereas the "alternative renewable energy" resources would only qualify for Puerto Rico's standard. The compliance schedule is as follows: * 2015 - 2019: 12.0% * 2020 - 2027: 15.0% * 2028 - 2034: Interim targets to be determined; PREPA is to develop a plan to ramp up from 15% to the ultimate goal of 20% during this time period. * 2035: 20.0% PREPA must show compliance with the RPS through procurement of renewable energy credits (RECs).** One REC is equivalent to one megawatt-hour (MWh) of electricity derived from a green energy source. RECs may be banked starting in 2013 for the 2015 compliance year. RECs may be banked for two years in addition to vintage year, although the REC loses half its value if it is banked for use in year 2. Puerto Rico will be using the [ North American Renewable Registry (TM)] for REC tracking. The newly created Comisión de Energía Renovable (Renewable Energy Commission) within the Administración de Asuntos Energéticos (Energy Affairs Administration) will be responsible for overseeing RPS implementation. The Renewable Energy Commission is to be made up of seven members and will have authority to promulgate rules, issue orders and clarify policies as needed. <i>* The law applies to all retail electric providers of 50,000 MWh or more per year. However, PREPA is the only retail electric provider in Puerto Rico that currently meets that definition.</i> <i>**PREPA may also report on the amount of renewable energy purchased through net metering or power purchase agreements to demonstrate partial compliance.</i>
demonstrate partial compliance.</i>  +
Incentive/TechDsc Anaerobic Digestion + , Biomass + , Fuel Cells + , Fuel Cells using Renewable Fuels + , Geothermal Electric + , Hydroelectric energy + , Landfill Gas + , Municipal Solid Waste + , Ocean Thermal + , Photovoltaics + , Renewable Fuels + , Small Hydroelectric + , Small Wind + , Tidal Energy + , Wave Energy + , Wind +
Incentive/TechDscOther Hydrokinetic  +
Incentive/Type Renewables Portfolio Standard +
OpenEI/PageDescription Puerto Rico - Renewable Energy Portfolio Standard: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Puerto Rico  + , Renewables Portfolio Standard  +
Place Puerto Rico: Energy Resources +
Website  +
Categories Rules Regulations Policies Incentive Programs , Incentive with Contacts , Incentive with Authorities
Modification date
"Modification date" is a predefined property that corresponds to the date of the last modification of a subject and is provided by Semantic MediaWiki.
15:47:35, 12 February 2015  +
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