ABB_id2059
in News Departments > Policy Watch
print the content item

Kansas City Power & Light (KCP&L), a subsidiary of Great Plains Energy Inc., has officially endorsed an effort by the group Missourians for Cleaner Cheaper Energy to put a proposal for a renewable portfolio standard (RPS) on the public ballot in November.

"Our endorsement of the renewable energy initiative proposal underscores our continuing commitment to achieving regional sustainability by supporting investments in clean energy sources," says Michael Chesser, chairman and CEO of Great Plains Energy. "A strong renewable energy policy benefits our customers by reducing costs and stimulating the growth of the renewable energy industry locally."

The ballot initiative - which would require obtaining more than 90,000 voter signatures on a petition by May 4 - would require that investor-owned electric utilities generate or purchase electricity from renewable energy sources equaling at least 2% of retail sales by 2011. That requirement would increase to at least 15% by 2021 and require at least 2% of the renewable energy total to come from solar facilities. The standard would provide protection for utilities and consumers by ensuring that cost of compliance and associated rate impact is limited to 1%.

KCP&L owns and operates a 100 MW wind energy facility in Spearville, Kan.

Hybrid Energy Innovations 2015

Trachte_id2056
Latest Top Stories

The Song Remains The Same: AWEA Says Stable Policy Can Protect U.S. Wind Investment

Although the U.S. wind industry added more than four times the amount of wind in 2014 compared with 2013, predictable policy is needed to sustain its long-term success.


High Net-Worth Investors Claim 'All Of The Above' On Energy, Renewable And Otherwise

According to a recent Morgan Stanley poll, high-dollar investors favor investment in renewable energy technologies, such as wind and solar.


U.S. Wind Power Installations Surpassed 4.7 GW Last Year, Although China Still Leads

Bloomberg New Energy Finance reports that U.S. wind installations came back in a big way from a disappointing 2013.


IRS Specifies Performance, Quality Standards For Small Wind Turbines

The Internal Revenue Service (IRS) recently issued guidelines creating safety and performance standards for small wind turbines to be eligible for the 30% investment tax credit.


Hot Times North Of The Border: Canada Tops Previous Record For Installed Wind Capacity

For the second consecutive year, Canada's wind market has bested the country's previous mark for new installations.

Hybrid Energy Innovations 2015