CALIFORNIA PUBLIC UTILITIES COMMISSION APPROVES RENEWABLE AUCTION MECHANISM

Source: Stoel Rives Publication and Email Seth Hilton , Morten Lund and Brian Nese of Stoel Rives 12/21/2010 (Updated and revised to include deadlines for filing comments) On Friday, December 16, 2010, the California Public Utilities Commission unanimously approved a decision ("Final Decision") ordering a new tariff for a procurement protocol called the Renewable Auction Mechanism, or RAM. RAM applies to California's three largest investor-owne...