Increasing the percent of renewable supplies to provide one-third of California's power needs is within reach and would produce ratepayer savings over the long haul, according to a draft report by the California Public Utilities Commission released November 3. "It is economically and technically feasible to achieve a 33 percent Renewables Portfolio Standard in California by 2020," states the report, Achieving a 33% Renewable Energy Target. It continues that ratepayers would see a net savings over a 20-year period, but see small rate increases the first decade. The tentative net present savings are estimated at $175 million between 2011 and 2030. The report notes that its analysis and numbers are preliminary because of market uncertainties, particularly related to the cost of gas and price of renewable supplies. But, the study assumes that the price of natural gas will stabilize because of supplies provided by imported liquefied natural gas terminals According to the report, there is the potential for up to 11,800 MW of high wind speed sites and 19,000 MW of slow speed wind projects. It adds there are also 14,000 MW of identified solar power project, 2,400 MW of geothermal power and 1,500 MW of biomass potential.