in News Departments > New & Noteworthy
print the content item

A recent study performed for California's five major utilities by the research firm Energy and Environmental Economics (E3) provides a roadmap for achieving 50% renewable energy by 2030 in the state with a relatively modest 2% impact on rates, or less, according to an analysis of the report by the California Wind Energy Association (CalWEA). Currently, California has a 33% by 2020 renewable portfolio standard.

The E3 report estimated the system average rate impact of a 50% solar-heavy renewables scenario at 14% in 2030. A more diverse E3 renewables scenario dropped that figure to 9%. However, CalWEA claims that its further analysis reveals that the E3 study did not fully utilize its sound methodological framework to develop a cost-effective mix of renewable resources and system-integration mitigation measures for a 50% renewable energy future.

According to CalWEA, it is possible to dramatically reduce total overall costs by applying the low-cost mitigation measures identified by E3 to a renewable resource mix with lower total costs (including both procurement and integration costs). The result was a 2% rate impact in 2030.

“E3’s model not only accounts for the variation in the many factors that influence system operations and costs under a high penetration of renewables, but it reduces integration issues and costs to a single ‘common currency,’” says Dariush Shirmohammadi, CalWEA’s transmission advisor. “This common currency readily enables these impacts, and the mitigation measures to be directly and objectively compared under various scenarios and assumptions.”

CalWEA Executive Director Nancy Rader adds that “while many important policy and institutional changes will certainly be necessary to achieve 50 percent renewables, it is encouraging that E3’s study shows that this goal is affordable and technically achievable.”





Trachte Inc._id1770
Latest Top Stories

Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965