FPL Group - ExternalFPL集团-外部.pptVIP

FPL Proposal for a Florida Renewable Portfolio Standard FPSC Staff Workshop December 6, 2007 FPL RPS Proposal – More Analyses In order to best ensure an optimal design and implementation of a Florida RPS, there is a need for more education, information, and analysis RECs Renewable availability Renewable cost and impact on rates Renewable effectiveness in reducing GHG emissions FPL RPS Proposal – Primary Objective The primary objective should be to reduce GHG with a focus on solar and wind while increasing energy security, maintaining reliable electric service and reasonable electricity prices for customers. Consistent with the Governor’s Executive Order 07-127 Requires reliance on clean resources and energy efficiency An RPS should be a means to an end, not an end unto itself FPL RPS Proposal – Available Sources Clean energy sources such as nuclear, wind, and solar, as well as carbon reductions due to energy efficiency, should be recognized and play prominent roles in meeting a Florida RPS All sources that can contribute to the broad objective of an RPS should qualify towards meeting an RPS FPL RPS Proposal – Encourage Investment and Development While all verifiable sources should be eligible to meet a Florida RPS, Florida RECs should be preferred The price paid should be capped at 120% of the national market price produced by each technology and capped at an avoided cost of carbon of $20/MWh FPL RPS Proposal – Encourage Investment and Development (cont’d.) Allow a 2% ROE adjustment for investment in new clean/renewable resources, other than nuclear The utility should be able to petition the FPSC for approval and cost recovery of an emerging technology that costs more than the avoided cost of carbon, but has significant potential to reduce GHG and provide benefits to customers FPL RPS Proposal – Encourage Investment and Development (cont’d.) Need up-front and expedited prudence determinations and cost recovery approvals with administrative finality Cost Recov