Policy enforcement will play a critical role in achieving the 35 percent and 50 percent target capacity for renewable energy share by 2030 and 2040, respectively.
He was referring to the Green Energy Auction , Renewable Portfolio Standards , and preferential dispatch of RE in the spot market, among others. For GEA2, the DOE has pre-qualified 118 bidders. The auction was supposed to be held last June 19 but the DOE rescheduled this “to give bidders more time to deliberate.”
Then you have the other policies that are in place, increasing the RPS required of distribution utilities [DUs] to source from RE from 1 percent to 2.52 percent starting this year. And then, of course, the preferential dispatch of renewable source of energy other than those that are already on must dispatch status. So we will continue to be working on those,” said Lotilla.