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Funding Resources
Funding Resources
| UT Renewables Portfolio Goal | |
|---|---|
| Type of Incentive | Environmental Regulations |
| Eligible States | UT |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Tire-Derived Fuel, Waste heat Recovery |
| Eligible Project Size | All (MW) |
| Number of Awards | |
| Size of Award |
Utah enacted The Energy Resource and Carbon Emission Reduction Initiative (S.B. 202) in March 2008. While this law contains some provisions similar to those found in renewable portfolio standards (RPS) adopted by other states, certain other provisions in S.B. 202 indicate that this law is more accurately described as a renewable portfolio goal (RPG). Specifically, the law requires that utilities only need to pursue renewable energy to the extent that it is "cost-effective" to do so. The guidelines for determining the cost-effectiveness of acquiring an energy source include an assessment of whether acquisition of the resource will result in the delivery of electricity at the lowest reasonable cost, as well as an assessment of long-term and short-term impacts, risks, reliability, financial impacts on the affected utility, and other factors determined by the Utah Public Service Commission (PSC). Under S.B. 202 -- to the extent that it is cost-effective to do so -- investor-owned utilities, municipal utilities and cooperative utilities must use eligible renewables to account for 20 percent of their 2025 adjusted retail electric sales. Adjusted retail sales include the total kilowatt-hours (kWh) of retail electric sales reduced by the kWh attributable to nuclear power plants, demand-side management measures, and fossil fuel power plants that sequester their carbon emissions. |
| Start Date | 3/18/2008 |
| End Date |
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| Minimum Efficiency(%) |
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| Additional Information |
Utilities may meet their targets by producing electricity with an eligible form of renewable energy or by purchasing renewable energy certificates (RECs). SB 99, enacted in March of 2009 granted authority to the PSC to develop a system to track RECs. The legislation specifically referenced the Western Renewable Energy Generation Information System (WREGIS) as an acceptable trading platform. For the purposes of the law, eligible renewables include electric generation facilities that became operational after January 1, 1995, and produce electricity from solar; wind; biomass (under certain conditions); hydroelectric (under certain conditions); wave, tidal or ocean-thermal energy; geothermal; or waste gas and waste heat. Solar-thermal installations can also count towards the goal with no limit, and their contribution is determined by assessing the amount of fossil fuel consumption they displace. A bill signed in 2010, SB 104, added compressed air energy storage as an eligible technology if the electricity used to compress the air was produced using a renewable energy resource, or if an equivalent number of RECs were purchased. |
| Web Site |
http://le.utah.gov/~2008/bills/sbillenr/sb0202.pdf  |
| Additional Web Site |
http://www.dsireusa.org/library/includes/ incentive2.cfm?Incentive_Code=UT13R&state=UT&CurrentPageID=1&RE=1&EE=1 |
| Primary Contact |
Jeffrey Barrett 195 N 1950 West 2nd Floor PO Box 146100 Salt Lake City, UT 84116 U.S.A. Jeffrey Barrett (jhbarrett@utah.gov) (801) 536-0210 |