presentation to the western electricity coordinating council board of directors seattle, wa by jeff...
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![Page 1: Presentation to the Western Electricity Coordinating Council Board of Directors Seattle, WA by Jeff Burks and Bill Westerfield April 21, 2004 Western Renewable](https://reader035.vdocuments.mx/reader035/viewer/2022062511/55150d97550346a80c8b59bd/html5/thumbnails/1.jpg)
Presentation to the
Western Electricity Coordinating CouncilBoard of Directors
Seattle, WA
by Jeff Burks and Bill WesterfieldApril 21, 2004
Western Renewable Energy Generation Information
System(WREGIS)
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April 21, 2004 2WREGIS for WECC
What is WREGIS?
• Western Renewable Energy Generation Information System• An computerized registry and tracking system
for renewable energy certificates or “tags.”• Critical piece of infrastructure for development of
west-wide market for renewable energy.
• WREGIS is not a trading platform or market, but it will support them.
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WREGIS GeographyWestern Interconnection
System In Operation
System Under Development
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April 21, 2004 4WREGIS for WECC
Sponsors
Western Governors Association
California Energy Commission
Western Regional Air Partnership
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April 21, 2004 5WREGIS for WECC
WREGIS Project Goals
• Create an independent tracking system for renewable energy generation in the West
• Establish a single institution in the West that will issue, register and track RECs
• Maximizes value of renewable energy resources
• Support state regulatory compliance and voluntary green market programs
• WREGIS operational in 2005
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April 21, 2004 6WREGIS for WECC
Renewable Energy & RECs
Production of Renewable Electricity
RECs = Green Attributes
Commodity Electricity
• RECs (Renewable Energy Certificates) represent the contractual right to claim the environmental and other attributes associated with electricity generated from a renewable energy facility
• May be traded independently of energy markets
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April 21, 2004 7WREGIS for WECC
How Will WREGIS Operate?
• WREGIS will operate like a banking system
• When generators register, they open an account with WREGIS
• All RECs are initially issued to generators accounts
• RECs act as the ‛currency’ that is moved between accounts
• Other parties who wish to have RECs accounts within WREGIS may also open accounts.
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April 21, 2004 8WREGIS for WECC
WREGIS may be Used byMultiple Programs
• Renewable (or environmental) portfolio standards• NM, CA, AZ, BC, NV
• Info disclosure• WA, CO, CA, OR, NM, MT, AZ
• Green pricing• OR, CO, PacifiCorp states
• Public benefits programs• CA, MT, OR
• Consumer protection• Production tax credits
• NM• Tracking REC ownership• Air Quality, Regional Haze, and SIPs
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April 21, 2004 9WREGIS for WECC
Institutional Home Options
• Western Electricity Coordinating Council (WECC)
• Western Interstate Energy Board (WIEB)
• Non-profit corporation
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April 21, 2004 10WREGIS for WECC
WREGIS Supports WECC’s Mission
• WREGIS Supports WECC’s Reliability Mission by:
• Facilitating a more diversified portfolio of energy resources; and
• Contributing to a more efficient competitive market in renewable energy.
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April 21, 2004 11WREGIS for WECC
WREGIS is Consistent with WECC’s Values and Priority Goals
• Will assist WECC in developing and maintaining technical proficiency in data gathering and management.
• Will improve WECC’s power supply assessments and power system models
• Will assist WECC in demonstrating WECC’s adaptability in meeting the evolving needs of the electricity industry.
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April 21, 2004 12WREGIS for WECC
A WREGIS Governance Model at WECC
• Governance through WREGIS Board Committee composed of WECC and/or non-WECC member representatives
• WREGIS Board Committee to have policy making authority subject to WECC Board
• WREGIS account holders contract with WECC similar to WECC’s
Reliability Management System (RMS) program
• Day-to-day operations performed by outside IT contractor
• WECC Bylaw 7.7.2 changed to allow non-WECC members to
participate on WREGIS Board Committee
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April 21, 2004 13WREGIS for WECC
WREGIS Costs
• No cost burden to WECC
• Software development system funded by California Energy Commission
• On-going operational costs to be covered by user fees
• ERCOT: ~$160K/year (2.2¢ per MWh)
• NEPOOL: ~$2.4M/year (1.8¢ per MWh)
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April 21, 2004 14WREGIS for WECC
Summary: WECC and WREGIS are a Good Fit
• WECC provides needed geographic scope
• WECC provides WREGIS stature as a regional organization
• Strengthens WECC’s data handling capabilities
• WECC gains high visibility, low controversy program
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April 21, 2004 15WREGIS for WECC
Next Steps at WECC
• Begin more detailed discussions with WECC staff
• Report to WECC Board in July 2004 with a specific proposal, including possible bylaws change.
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April 21, 2004 16WREGIS for WECC
Thanks!
www.westgov.org/wieb/wregis/
Contact
Bill Westerfield, CEC Jeff Burks, WGA
916-654-4475 (801) 538-5414