VIII. Next Steps

In this decision, we adopt the long-term regulatory framework under which each utility will conduct integrated resource planning, including a resource adequacy requirement and market structure rules. We also adopt a revised ERRA procedural process.

We expect to complete all outstanding matters in this rulemaking by the end of May 2004. The outstanding matters are (1) the October 7, 2003 motion of SDG&E for approval to enter into new contracts resulting from its Grid Reliability Capacity RFPs; and (2) the resource adequacy workshops scheduled in Section IV.A of this decision that are needed for the utilities to file revised 2004 long-term plans.

We should open a new procurement rulemaking in the second quarter of 2004 that specifically addresses the additional procurement issues we identify here: (1) the need to develop procurement incentive mechanisms for each utility; (2) the need to develop a long-term policy for expiring QF contracts; (3) review of the management audits of SDG&E's and PG&E's electric procurement transactions with their regulated affiliates; (4) handling resource adequacy issues not addressed in the workshop process; and (5) review and adoption of revised 2004 long-term procurement plans for the three utilities, (6) treatment of confidential information.