ORS 469A.415
Electric companies to develop clean energy plans
(1)
An electric company shall develop a clean energy plan for meeting the clean energy targets set forth in ORS 469A.410 (Clean energy targets) concurrent with the development of each integrated resource plan.(2)
The electric company shall submit the clean energy plan to the Public Utility Commission and the Department of Environmental Quality.(3)
Intentionally left blank —Ed.(a)
A clean energy plan must be based on or included in an integrated resource plan filing made no earlier than January 1, 2022, and filed no later than 180 days after the integrated resource plan is filed, or developed within an integrated resource planning process and incorporated into the integrated resource plan filed with the commission.(b)
Notwithstanding paragraph (a) of this subsection, a clean energy plan developed by a multistate jurisdictional electric company must be based on or contained in other information developed consistent with a cost-allocation methodology approved by the commission.(4)
A clean energy plan must:(a)
Incorporate the clean energy targets set forth in ORS 469A.410 (Clean energy targets);(b)
Include annual goals set by the electric company for actions that make progress towards meeting the clean energy targets set forth in ORS 469A.410 (Clean energy targets), including acquisition of nonemitting generation resources, energy efficiency measures and acquisition and use of demand response resources;(c)
Include a risk-based examination of resiliency opportunities that includes costs, consequences, outcomes and benefits based on reasonable and prudent industry resiliency standards and guidelines established by the Public Utility Commission;(d)
Examine the costs and opportunities of offsetting energy generated from fossil fuels with community-based renewable energy;(e)
Demonstrate the electric company is making continual progress within the planning period towards meeting the clean energy targets set forth in ORS 469A.410 (Clean energy targets), including demonstrating a projected reduction of annual greenhouse gas emissions; and(f)
Result in an affordable, reliable and clean electric system.(5)
Actions and investments proposed in a clean energy plan may include the development or acquisition of clean energy resources, acquisition of energy efficiency and demand response, including an acquisition required by ORS 757.054 (Cost-effective energy efficiency resources and demand response resources), development of new transmission and other supporting infrastructure, retirement of existing generating facilities, changes in system operation and any other necessary action.(6)
The commission shall ensure that an electric company demonstrates continual progress as described in subsection (4)(e) of this section and is taking actions as soon as practicable that facilitate rapid reduction of greenhouse gas emissions at reasonable costs to retail electricity consumers. [2021 c.508 §4]
Source:
Section 469A.415 — Electric companies to develop clean energy plans, https://www.oregonlegislature.gov/bills_laws/ors/ors469A.html.
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