BILL ANALYSIS                                                                                                                                                                                                    



                                                                  SB 86 X2
                                                                  Page  1

          Date of Hearing:  September 10, 2001

                 ASSEMBLY COMMITTEE ON ENERGY COSTS AND AVAILABILITY
                              Roderick D. Wright, Chair
                  SB 86 X2 (Peace) - As Amended:  September 6, 2001

           SENATE VOTE  :  22-14
           
          SUBJECT  :  Powerplant facility and site certification.

           SUMMARY  :  This bill authorizes California Energy Commission  
          (CEC) to administratively impose a penalty of up to $75,000 or  
          to revoke certification, or both, if a project owner fails to  
          commence construction of a generating facility project within 12  
          months after the project has been certified by CEC.  This bill  
          also authorizes California Consumer Power and Conservation  
          Financing Authority (Power Authority) to evaluate whether to  
          pursue such revoked projects within 90 days.

           EXISTING LAW  :

          1)Requires CEC to certify sufficient sites and related  
            facilities required to provide an adequate supply of electric  
            power to meet projected demand for power statewide.

          2)Authorizes CEC, after hearings, to amend conditions of, or  
            revoke, certification and to impose a civil penalty of up to  
            $50,000 for specified violations of a certification, as  
            prescribed.

          3)Establishes the Power Authority to issue bonds for the purpose  
            of augmenting electric generating facilities and ensure a  
            sufficient, reliable supply of electricity. 

           FISCAL EFFECT  :  Unknown

           COMMENTS  :   

          The effects of this bill are two-pronged as California attempts  
          to move out of its current energy crisis.  The first effect is  
          to put pressure on merchant generators to complete planned  
          facilities in a timely fashion to ensure that certificated  
          generation facilities come on line to meet California's energy  
          demand.  The second effect is to open a window for the newly  
          formed Power Authority to ease itself into pursuing such  








                                                                  SB 86 X2
                                                                  Page  2

          generation projects to meet is charter of ensuring adequate  
          electric power supply in the state.

           Gaming the Certification Process
            
           It has been asserted that some merchant generators, in further  
          attempts to increase wholesale prices for electricity in  
          California, obtain certificates to construct generation  
          facilities and then do not go forward with construction in a  
          timely manner, holding up other projects and preventing other  
          potential suppliers from entering the market and providing  
          additional supply.  This measure attempts to forestall such  
          gaming in two ways, first by authorizing CEC to assess  
          administrative penalties in excess of the current limit on civil  
          penalties the agency can impose on generators that fail to  
          commence construction on generation facilities within 12 months  
          of certification.  The second measure taken is to allow the  
          Power Authority to step in at that stage and potentially pursue  
          the project independently or through any other public or private  
          entity, including the original certificate holder.

          The essence of this bill is that it attempts to ensure that all  
          applications for certification of proposed generation facilities  
          are made in good faith and are followed through in good faith in  
          a timely fashion.  The author believes this is consistent with  
          CEC's charter to ensure that adequate generation facility  
          certification is effected to meet forecasted demand, and with  
          the Power Authority's charter with regard to financing and  
          construction of adequate generation supply and cost-effective  
          energy efficiency measures.

           Is the 12 Month Requirement Reasonable?
            
           The major questions for the committee to consider are:   
          1)Whether 12 months is a reasonable period of time to allow to  
          pass before construction of a generation facility has commenced  
          subsequent to certification, taking all factors into  
          consideration; and 2)  Whether immediately allowing the Power  
          Authority to step up in line to pursue the certificate is the  
          best public policy move.

          This bill presumes that some generators will deliberately fail  
          to construct facilities in a timely fashion or may apply for  
          certification without intending to construct a facility within a  
          reasonable time frame.  This bill also presumes that the Power  








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                                                                  Page  3

          Authority is in the best position, all factors considered, to  
          overtake revoked certificates and to pursue construction either  
          on its own or through some other public or private entity.  As  
          long as both of these presumptions are correct then this bill  
          presents the best remedial proposal to ensure adequate  
          generation supply for the state going forward.

          Regarding failure to construct facilities, the author points out  
          that Mirant recently threatened to delay operation of its 530  
          megawatt (mW) Contra Costa plant due to what it termed to be  
          uncertainties in California's generation market.  The author  
          also points out that this bill mirrors language in the  
          Governor's February 9, 2001 Executive Order D-25-01 regarding a  
          "use it or lose it" provision for generation facilities.

           Staff recommends
            
           If the author demonstrates that in the years since California's  
          initial electricity deregulation law went into effect generators  
          have stalled construction on facilities and thwarted CEC's  
          attempt to certify and allow to be constructed adequate  
          generation facilities, then this measure presents a solution to  
          this problem.  If the problem isn't demonstrated to actually  
          exist today, then the committee needs to consider whether the  
          steps outlined in the measure are necessary; whether they may  
          cause unnecessary disruption to construction of generation  
          facilities; or whether some modification to what the author  
          proposes may be a better assurance of adequate supply without  
          undue business disruption.

           REGISTERED SUPPORT / OPPOSITION  :

           Support 
           
          Southern California Edison
          Coalition of California Utility Employees
           
            Opposition 
           
          Sempra Energy


           Analysis Prepared by  :    Kelly Boyd / E. C. & A. / (916)  
          319-2083