in News Departments > Policy Watch
print the content item

The Florida Public Service Commission (PSC) staff has issued its recommendations for the Florida Legislature's consideration under Docket 080503 on the establishment of rules for the state's renewable portfolio standard (RPS).

In its recommendation, the PSC staff indicates that it is reasonable for Florida's investor-owned utilities to provide 20% of retail electricity from renewables by 2041, with incremental targets of 6% by 2017, 10% by 2025 and 15% by 2033.

The RPS could include a 2% rate cap, which the PSC staff indicates may be insufficient for proposed targets, and it would establish a market-based approach to compliance through use of renewable energy credits. PSC staff also recommended that the Legislature consider establishing standard offer contracts for renewable energy sectors in the state.

By law, the PSC must submit its draft rule to the legislature by Feb. 1, and the docket remains open for additional input from the Legislature.

SOURCE: Florida Public Service Commission

Mortenson Construction_id2024

Trachte Inc._id1770
Latest Top Stories

Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.


Texas Comptroller Attacks Wind Power, And Industry Fights Back

Texas Comptroller Susan Combs recently released a report calling for an end to wind power subsidies. The Wind Coalition has responded, saying the report is riddled with misinformation.

Canwea_id1984
Renewable NRG_id1934