BILL ANALYSIS                                                                                                                                                                                                    




                                                                  SB 1269
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          SENATE THIRD READING
          SB 1269 (Peace)
          As Amended August 8, 2002
          Majority vote.

           SENATE VOTE  :24-14  
           
           UTILITIES AND COMMERCE     10-3 APPROPRIATIONS      15-7        
           
           ----------------------------------------------------------------- 
          |Ayes:|Wright, Canciamilla,      |Ayes:|Steinberg, Alquist,       |
          |     |Diaz, Horton, Kelley,     |     |Aroner, Cohn, Corbett,    |
          |     |Maddox, Nation, Papan,    |     |Correa, Firebaugh,        |
          |     |Reyes, Simitian           |     |Goldberg, Negrete McLeod, |
          |     |                          |     |Papan, Pavley, Simitian,  |
          |     |                          |     |Keeley, Wiggins Wright    |
          |     |                          |     |                          |
          |-----+--------------------------+-----+--------------------------|
          |Nays:|Pescetti, Bill Campbell,  |Nays:|Bates, Ashburn, Daucher,  |
          |     |John Campbell             |     |Maldonado, Robert         |
          |     |                          |     |Pacheco, Runner, Zettel   |
           ----------------------------------------------------------------- 

           SUMMARY  :  Modifies power plant construction and certification  
          policies of the California Energy Commission (CEC).   
          Specifically,  this bill  :   

          1)Allows CEC to revoke a power plant certification if, in the  
            absence of good cause, a project owner does not commence  
            construction of the project within 12 months of certification  
            by CEC.

          2)Requires a project owner to submit construction and operation  
            milestones to CEC within 30 days after project certification,  
            and failure without good cause to meet those milestones is  
            grounds for revocation of the certification or imposition of  
            civil penalties.

          3)Specifies that "good cause" includes:

             a)   Circumstances beyond the control of project owner,  
               including administrative and legal appeals;

             b)   Good faith, albeit unsuccessful efforts to meet project  
               deadlines or milestones; and,









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             c)   Missing of deadlines or milestones for reasons deemed  
               reasonable by CEC.

          4)Increases the maximum civil penalties per violation by  
            $25,000<1> that can be imposed for false statements on a  
            permit application, or failure to comply with the conditions  
            of its approval.

          5)Requires a project owner to begin construction of a project  
            within 12 months after the project is certified by CEC, the  
            clock beginning to run after all accompanying project permits  
            are final and administrative and judicial appeals have been  
            completed.

          6)Requires CEC to extend the start of construction an additional  
            24 months if the project owner reimburses CEC for its costs of  
            licensing the project.

          7)Authorizes CEC to transfer the certification to the Consumer  
            Power and Conservation Financing Authority (CPA) if CPA  
            demonstrates to CEC that it is willing and able to construct  
            the project itself or in conjunction with another public or  
            private entity.

          8)Requires CPA to reimburse the original certificate holder for  
            its actual costs<2> if CEC issues a new certificate to CPA and  
            the original party does not participate in the new project.

          9)Allows a project owner to sell its license, which would  
            restart the 12-month clock<3> for the new project owner. 

          10)Specifies that power plant certification applications filed,  
            and deemed complete after January 1, 2003 are subject to the  
            certification process changes embodied in this bill.
          ---------------------------
          <1> This bill also increases the per-day civil penalty from  
          $1000 to $1500 per day, which penalty may also be imposed in  
          addition to the civil penalty imposed per violation. 

          <2> Costs reimbursable include major equipment and emission  
          offsets. 

          <3> Unless the new project owner is an affiliate of the original  
          certificate holder. 









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          11)States legislative findings and declarations that it is  
            critical to condition the issuance of power plant  
            certification on prompt, continuous, good faith efforts to  
            construct the certified project within its original  
            construction schedule.  Further states the policy of the state  
            that, in the event a certificate holder fails to demonstrate  
            prompt, continuous, good faith efforts to construct new power  
            plants, CEC may revoke the certification of the original  
            project owner and issue a new certification to CPA. 

           EXISTING LAW  :

          1)Requires CEC to certify sites and related facilities that are  
            required to provide a supply of electric power sufficient to  
            accommodate projected demand for power statewide.

          2)Authorizes CEC to amend the conditions of or revoke the  
            certification for any facility and to administratively impose  
            a civil penalty for a material false statement in the  
            application, or failure to comply with the terms of a  
            certification.  Civil fines of up to $50,000 per violation may  
            be imposed.

          3)Permits CPA to issue revenue bonds to augment electric  
            generating facilities and to ensure a sufficient and reliable  
            supply of electricity, offer financing incentives for  
            investment in cost-effective, energy-efficient appliances and  
            energy demand reduction, among other powers.

           FISCAL EFFECT  :  Unknown

           COMMENTS  :  CEC licenses power plants 50 megawatts (MW) or  
          larger.  Under the existing regulatory scheme, a license issued  
          by CEC to construct and operate a power plant expires by  
          operation of law five years after its issuance.  In February  
          2001, the Governor issued Executive Order D-25-01, which  
          directed CEC to establish "specific  performance milestones for  
          both initiation of construction within one year of  
          certification, and for the construction phase of the project.   
          Failure to begin construction by the deadline or failure to  
          perform in accordance with the milestones without prior approval  
          by [CEC] based on a showing of good cause shall constitute a  
          forfeiture of the certification."  










                                                                  SB 1269
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          CEC issued guidelines<4> to carry out the emergency executive  
          order, establishing pre-construction milestones to allow for the  
          start of construction within one year of certification.  The  
          guidelines require that the milestones be established and agreed  
          upon no later than 30 days after approval of the project.  The  
          executive order expired December 31, 2001. 

          According to the author, the grant of a license to build a power  
          plant in California is a determination that the wider public  
          benefit associated with a reliable supply of electricity for the  
          community more than offsets the mitigated impacts of the plant  
          on the community.  In making such determinations, the state  
          invests considerable public resources in investigating and  
          processing every application to license a power plant, without  
          discrimination.  To the extent, however, that the licensee can  
          choose not to exercise the privilege to construct, the state  
          will have invested public resources to further only a private  
          speculative purpose with no corresponding public benefit. 

           Recent power plant project developments  :  Since March 1998, CEC  
          has approved more than 30 power plant projects, although not all  
          plants approved will be built.  Three large power plants,  
          totaling 1,400 MW, came on line in 2001 and are producing  
          electricity.  Another 684 MW from "peaking" power plants were on  
          line by early 2002.  In 2002, one plant rated at 880 MW has come  
          on line.  A total of 13 power plants totaling 2,979 MW has come  
          on line since 1998. 

          Last year, eight power plant projects that would have produced  
          an aggregate of 1590 MW were withdrawn.  Two projects have been  
          withdrawn this year that would have combined to produce 680 MW. 

          It is unclear how many of these withdrawn projects and how many  
          previously contemplated power plant projects will not be  
          completed in the future due to the various factors affecting  
          development.  Most importantly, commercial and institutional  
          ---------------------------
          <4> The order authorized CEC to suspend statutory requirements  
          and regulations that normally control its review and approval of  
          post-certification amendments to the extent that they would  
          prevent, hinder, or delay the prompt mitigation of the effects  
          of the emergency declared in the order.  The order further  
          provided that CEC may "take such action by order on a case by  
          case basis or by any other means, and is not required to adopt  
          regulations under the Administrative Procedures Act to implement  
          this order."








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          lenders have tightened lending practices in the energy sector  
          over the last several months.  As a practical matter, it is no  
          longer possible to obtain financing for a power plant unless the  
          project owner can produce contracts for the power output from  
          the new facility.  

           Power plant development issues  :  Recently, a coalition of  
          environmentalists and Indian tribes sued several federal  
          government agencies in an attempt to stop Calpine Corp. from  
          building a 49 MW geothermal power plant in a remote corner of  
          Northern California.  The Fourmile Hill project would desecrate  
          a spiritual site important to several tribes, according to the  
          lawsuit filed by the Pit River Nation, one of the tribes suing  
          to overturn the Bureau of Land Management's approval of the  
          power plant.

          Sixteen big power-generating stations are under construction,  
          being expanded or planned on both sides of the border from  
          California to Texas, the majority of them located in Mexico.   
          Air quality agencies and some environmental organizations are on  
          record in opposition to these plants, contending that companies  
          are saving millions of dollars by evading stringent emissions  
          controls and other regulations that would apply if the plants  
          were being built north of the border. 

          A deputy director of Mexico's Federal Electricity Commission was  
          recently quoted as saying, "Construction costs are low in  
          Mexico; at the border there is more availability of fuel than in  
          the rest of the country; and a company can receive a permit in  
          six to eight months.  That is why they are building here."

          Earlier this year, the Federal Energy Regulatory Commission  
          approved construction of a 215-mile gas pipeline extension from  
          Arizona to Tijuana to deliver the fuel from Canada and the  
          United States to power plants along the border.  The pipeline is  
          expected to be completed this summer. 

          In the last several weeks, U.S. Senators Barbara Boxer and Diane  
          Feinstein have attempted to reverse these trends by introducing  
          legislation to prohibit U.S. produced natural gas from being  
          used in power plants in Baja until the plants comply with  
          California emissions standards.


           Analysis Prepared by  :    Paul Donahue / U. & C. / (916) 319-2083  









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