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California Energy Markets / This Week
[CEM 1404 / September 23, 2016]
GHG Reductions in the EIM: Great for PacifiCorp, So-So for California?
PacifiCorp’s ability to absorb California’s excess renewable generation has helped lower the utility’s carbon emissions by 14 percent this year, the utility sa id. The California Independent System Operator, meanwhile, has attributed more than 200,000 metric tons of greenhouse-gas emission reductions to the EIM for the first six months of the year, but parties are questioning those numbers in light of the general trend where CAISO exports renewables and imports thermal generation.
Edison Eyes Grid of the Future With $2.1 Billion Investment
In meetings with advisers to four of five California Public Utilities Commission members, Southern California Edison highlighted the utility’s bold bid to build the power grid of the future, beginning with $2.1 billion in proposed investments—and associated rate hikes. Edison’s grid-modernization pitch aligns with its recent white paper envisioning utilities as distribution-system operators.
Governor Signs Bill to Slash ‘Super Pollutants’
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Gov. Jerry Brown has inked his seventh climate bill in less than two weeks. The Super Pollutant Reduction Act of 2016, signed Sept. 19, requires the California Air Resources Board to approve and implement a plan to slash statewide emissions of high-impact but short-lived climate pollutants not covered in previous legislation. A key goal of SB 1383 is to encourage dairy farmers to collect manure in anaerobic digester tanks that produce biomethane as a renewable alternative to natural gas.
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