While not wavering in their long-term support for more alternative energy, major California utilities including Southern California Edison Co. (SCE) envision plenty of real-world challenges to the state’s increased renewable energy goal of 33%. Reaching that goal by 2020 holds major implications for the state’s transmission grid and existing fleet of natural gas-fired generation plants, according to Edison International CEO Ted Craver, who spoke earlier in November on a third quarter earnings conference call (Nov. 6).
Wavering
Articles from Wavering
CEO: California 33% Renewable Goal Problematic, Gas-Reliant
While not wavering in their long-term support, major California utilities such as Southern California Edison Co. (SCE) envision plenty of real-world challenges to the state’s increased renewable energy goal of 33%. Reaching that goal by 2020 holds major implications for the state’s transmission grid and existing fleet of natural gas-fired generation plants, according to Edison International CEO Ted Craver, who spoke last Friday on a third quarter earnings conference call.
November 10, 2009
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