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W A T F R E N E R G Y L <br />RIVERSIDE PUBLIC UTILITIES <br />.�W& <br />Board Memorandum <br />P U B L I C U T I L I T I E S <br />BOARD OF PUBLIC UTILITIES DATE: NOVEMBER 26, 2018 <br />ITEM NO: 12 <br />SUBJECT: 2018 INTEGRATED RESOURCE PLAN — REQUIRED BY SENATE BILL 350 <br />ISSUE: <br />Approve and adopt the 2018 Integrated Resource Plan for Riverside Public Utilities as required by Senate <br />Bill 350. <br />RECOMMENDATIONS: <br />That the Board of Public Utilities recommend that the City Council: <br />Approve and adopt the 2018 Integrated Resource Plan for Riverside Public Utilities; and <br />2. Direct staff to file the adopted 2018 Integrated Resource Plan and any applicable supporting <br />material with the California Energy Commission before April 1, 2019. <br />LEGISLATIVE HISTORY: <br />On October 7, 2015, the California Legislature adopted Senate Bill (SB) 350, also known as the Clean <br />Energy and Pollution Reduction Act of 2015, which established that a publicly owned utility (POU) with an <br />annual electrical demand exceeding 700 gigawatt hours based on a three-year average from 2014-2016 <br />must, on or before January 1, 2019, have its governing board adopt an integrated resource plan (IRP) and <br />update the plan at least once every five years. <br />On September 30, 2017, the California Legislature adopted SB 338, which requires POU governing boards <br />to consider in their IRP the role of existing renewable generation, grid operational efficiencies, energy <br />storage, energy efficiency and distributed energy resources in meeting their energy and reliability needs <br />during the hours of peak demand. <br />BACKGROUND: <br />Many utilities, including Riverside Public Utilities (RPU), have periodically developed IRPs as an industry <br />best practice. An IRP is used to help guide a utility's long-term power procurement decisions to meet its <br />customers' future peak load and system energy requirements. As part of the process of developing an <br />IRP, a utility typically would examine both supply- and demand-side resources in an effort to identify one <br />or more least -cost, least -risk future resource procurement scenarios that can be used to meet its expected <br />future resource needs. <br />Page 247 <br />