Or. Admin. Code § 860-088-0150 - Renewable Portfolio Standards and Renewable Energy Certificates
(1) Megawatt hours
of electricity associated with participant ownership interests or subscriptions
will be deducted from the amount of electricity sold by the electric company to
retail electricity consumers for purposes of calculating the electric company's
renewable portfolio standard under ORS
469A.052.
(2) All claims to environmental, economic,
and social benefits associated with megawatt hours of electricity associated
with participant ownership interests or subscriptions, including any renewable
energy certificates, must remain with the participants.
(3) Registration with the Western Renewable
Energy Generation Information System (WREGIS) is required. For any project that
is 360 kilowatts in aggregate size or less, the Project Manager may request
with its application for project pre-certification a waiver from the
requirement to register with WREGIS.
(4) If a project is registered with WREGIS,
the Project Manager must:
(a) Maintain
sub-accounts associated with the renewable energy certificates owned by
participants and retire those renewable energy certificates annually on behalf
of participants;
(b) Report
annually to the Commission the retirement of renewable energy certificates on
behalf of participants; and
(c)
Report annually to the Commission the sale of any renewable energy certificates
generated by the project sold as of a result of a contract for the unsold or
unsubscribed portion of project generation. The report must include adequate
information for the Commission to verify that any renewable energy certificates
owned by participants were not sold.
(5) If a project is granted a waiver from the
requirement to register with WREGIS, the Project Manger must:
(a) Disclose in the contracting documents
with participants that the project will not create and retire renewable energy
certificates on their behalf; and
(b) Provide an attestation at the time of
project pre-certification that all renewable energy attributes associated with
megawatt hours of electricity associated with participant ownership interests
or subscriptions are being claimed solely by project participants.
Notes
Stat. Auth.: OL 2016, ch. 28, sec. 22
Stats. Implemented: OL 2016, ch. 28, sec. 22
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