The California Public Utilities Commission (CPUC) unanimously approved the programme this week, about a year-and-a-half after it first took shape. The RAM is meant to encourage and streamline the development and procurement of renewable energy from projects in the 2MW-20MW size range.
There will be two auctions a year in which renewable energy project developers can submit non-negotiable bids for energy from projects eligible for California’s 20% Renewable Portfolio Standard (RPS), up to 20MW in capacity and located within the service areas of the state’s three, large investor-owned utilities (IOUs).
