Buyer's Guide 2024
Renewable Portfolio Standard
Solar & Battery Regulation & Incentive Programs
Program Overview
- Category
- Regulatory Policy
- Program Type
- Renewables Portfolio Standard
- Implementing Sector
- State
- State
- Oregon
- Eligible Storage Technologies
- Geothermal Electric, Solar Thermal Electric, Solar Photovoltaics, Wind (All), Biomass, Hydroelectric, Hydrogen, Municipal Solid Waste, Combined Heat & Power, Landfill Gas, Tidal, Wave, Ocean Thermal, Wind (Small), Hydroelectric (Small), Anaerobic Digestion
- Standard
- Large investor-owned utilities: 50% by 2040
Large consumer-owned utilities: 25% by 2025
Small utilities: 10% by 2025
Smallest utilities: 5% by 2025 - Compliance Multipliers
- PV (500 kw - 5 MW): 2.0
Must be operational prior to January 1, 2016. - REC Lifetime
- RECs from resources developed by 2022 may generally be banked and carried forward indefinitely for future compliance***
RECs from resources developed after 2022 may be banked and carried forward for 5 years. - Credit Trading/Tracking System
- Yes (WREGIS)
- Alternative Compliance Payment
- $110 per megawatt-hour (MWh) for 2014 and 2015
- Administrator
- Applicable Sectors
- Investor-Owned Utility, Municipal Utilities, Cooperative Utilities, Retail Supplier
- Budget
- Last Updated
- 05/20/2021
- Funding Source
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