Political Factors Affecting the Renewables and Energy Efficiency. Remarks of Ron Binz, Chairman Colorado Public Utilities Commission October 15, 2010. IPPAI – NRRI Conference New York City. Caveat. I am one of three equal commissioners My positions are my own
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Ron Binz, Chairman
Colorado Public Utilities Commission
October 15, 2010
IPPAI – NRRI ConferenceNew York City
don’t believe everything you think
Gas Price levels by 2020
For a copy of legislation: go to www.leg.state.co.us, follow links to HB10-1365
$5.88 levels by 2020
(4) THE UTILITY MAY ENTER INTO LONG-TERM GAS SUPPLY levels by 2020
AGREEMENTS TO IMPLEMENT THE REQUIREMENTS OF THIS PART 2. A
LONG-TERM GAS SUPPLY AGREEMENT IS AN AGREEMENT WITH A TERM OF
NOT LESS THAN THREE YEARS OR MORE THAN TWENTY YEARS. ALL
LONG-TERM GAS SUPPLY AGREEMENTS MAY BE FILED WITH THE COMMISSION
FOR REVIEW AND APPROVAL. THE COMMISSION SHALL DETERMINE WHETHER
THE UTILITY ACTED PRUDENTLY BY ENTERING INTO THE SPECIFIC
AGREEMENT, WHETHER THE PROPOSED AGREEMENT APPEARS TO BE
BENEFICIAL TO CONSUMERS, AND WHETHER THE AGREEMENT IS IN THE
PUBLIC INTEREST. IF AN AGREEMENT IS APPROVED, THE UTILITY IS ENTITLED
TO RECOVER THROUGH RATES THE COSTS IT INCURS UNDER THE APPROVED
AGREEMENT, AND ANY APPROVED AMENDMENTS TO THE AGREEMENT,
NOTWITHSTANDING ANY CHANGE IN THE MARKET PRICE OF NATURAL GAS
DURING THE TERM OF THE AGREEMENT. THE COMMISSION SHALL NOT
REVERSE ITS APPROVAL OF THE LONG-TERM GAS AGREEMENT EVEN IF THE
AGREEMENT PRICE IS HIGHER THAN A FUTURE MARKET PRICE OF NATURAL
GAS.Long Term Natural Gas Contracts
But what if 11 GW of solar were spread around the state in 100 MW installations?
It might look like this...
I look forward to your questions.