Last Updated May 28, 2024
Program Overview
Category:
Regulatory Policy
State:
Guam
Incentive Type:
Renewables Portfolio Standard
Administrator:
N/A
Start Date:
N/A
Expiration Date:
N/A
Web Site:
N/A
Applicable Sectors:
N/A
Eligible Renewable/Other Technologies:
N/A
Summary
Requirements
Guam Public Law 29-62, enacted in March 2008 established a renewable energy portfolio goal of 25% renewable energy by 2035. The goal was expanded in November 2019 by Guam Public Law 35-46 and now requires the Guam Power Authority to establish a preliminary renewable energy portfolio goal according to the following schedule:
- 5% of net electricity sales by December 31, 2015
- 50% of net electricity sales by December 31, 2035
- 100% of net electricity sales by December 31, 2045
The Guam Power Authority is also required to undertake all interconnection requirements or outsourcing agreements, including, automatic generation control, so as to provide for the maximum feasible ability to add renewable resources to the Island-wide Power System.
* A renewable portfolio goal generally is not legally binding, as opposed to a renewable portfolio standard, which is legally binding.