Just How Big is SF's Community Choice Aggregation Program?
Largest green power project for a single city in the world: $1.2 billion in H Bond Financing for construction over the first few years, using approximately $3.5 billion in revenue flowing through the contract over fifteen years.
Triple the California Renewables Increase: San Francisco's Renewable Portfolio Standard is over three times the increase required by state law. The state mandates that the current 12% RPS be increased to 20%, while CCA adds 43% to meet 51% RPS by 2017. This is over three times the RPS increase required by state law.
Unprecedented Guaranteed Greenhouse Gas Reduction: In terms of greenhouse gas reductions in a single contract, we are off the charts. PG&E power causes 25% of all greenhouse gas emissions attributed to the SF airshed. 360 MW alone will get us within range of Kyoto treaty compliance. Building a 51% RPS would mean eliminating half of 25% of the cause of all greenhouse gas emissions for our airshed. So we will get a significant part of the way to a full climate solution by 2017. That is by all criteria off the charts - because we are getting at the core cause first.
World's Largest Solar PhotoVoltaic System: As far as the solar scale, the world's largest solar photovoltaic installation is 10 MW, in Germany (also one in Sacramento same size incrementally over seven years). CCA will install 31 MW of solar throughout the City in the first few years of the new service.
Substantial Energy Independence: 360 MW is nearly half of the peak load of the whole city including city agencies, but these agencies buy from the Hetchy system and will not participate in the aggregation. Thus, for the residents and businesses of San Francisco, 360MW is actually over half of our peak load.
