Amend CSSB 7, by striking Sec. 39.604 and substituting the following: Sec. 39.604. GOAL FOR RENEWABLE ENERGY. (a) It is the intent of the legislature that by January 1, 2007, renewable energy technologies shall constitute not less than five percent of annual retail electric energy sales the in the state. (b) The introduction of competition and retail customer choice may create opportunities that will stimulate the economic development of renewable energy technologies in the state to a level that achieves the goal of Subsection (a) through reliance on market forces alone. (c) Each retail electric provider, municipally owned utility, and electric cooperative operating in the state shall obtain a minimum of one percent of its annual energy requirements from renewable energy technologies by January 1, 2002, 1.5 percent by January 1, 2004, and three percent by January 1, 2007. (d) The commission shall establish a renewable energy credits trading program. Any retail electric provider, municipally owned utility, or electric cooperative that does not satisfy the requirement of Subsection (c) shall purchase sufficient renewable energy credits to satisfy the requirement by holding renewable energy credits in lieu of capacity from renewable technologies. (e) In this section, "renewable energy technology" means any technology that exclusively relies on an energy source that is naturally regenerated over a short time and derived directly from the sun, indirectly from the sun, or from moving water other natural movements and mechanisms of the environment. Renewable energy technologies include, but are not restricted to, those that rely on energy derived directly from the sun; on wind geothermal, hydroelectric, wave or tidal energy; or on biomass or biomass-based waste products. A renewable energy technology does not rely on energy resources derived from fossil fuels, waste products from fossil fuels, or waste products from inorganic sources.