Diverse Resource Portfolio & Low-Carbon Pathway slide image

Diverse Resource Portfolio & Low-Carbon Pathway

30 ENABLING POLICY SUPPORT WITH GROUNDBREAKING RNG BILL Oregon law (SB 98) first-of-its-kind legislation that supports gas utilities purchasing renewable natural gas (RNG). Passed in 2019 and rulemaking completed in July 2020 Creates another path for RNG to become an increasing part of the Oregon's energy supply, one of the most effective ways to reduce emissions • Allows natural gas utilities to acquire RNG and hydrogen • Sets voluntary RNG portfolio targets for Oregon's natural gas utilities. Allows up to 5% of a utility's annual revenue requirement to be used to cover the incremental cost of RNG Allows for investments related to RNG infrastructure, including production facilities, cleaning and conditioning equipment, and pipeline interconnections Potential revenue source for communities to turn their waste into energy 2025 2030 2035 2040 2045 Oregon Senate Bill 98 supports RNG targets: 10% 15% 20% 25% 30% NW NaturalⓇ
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