California's Geothermal Market In Flux, Part 2

California's Geothermal Market In Flux, Part 2 | Renewable Energy News Article

renewableenergyworld.com 15 Aug '12, 1pm

California's Geothermal Market In Flux, Part 2

Protection for the economy and the environment California is a policy leader in the U.S., with one of the most ambitious Renewable Portfolio Standards in the country. The state’s landmark renewable energy standard legislation was signed into law by Gov. Jerry Brown this year, and will require California utilities to provide at least a third of their electricity from clean and safe renewable sources like geothermal by the year 2020. The need for new geothermal power in California was underscored by California Energy Commission (CEC) Commissioner Douglas at GEA’s Geothermal Finance Forum earlier this year. She explained that in the coming decades California would not just need to meet increasing Renewable Portfolio Standard (RPS) and climate goals, but also to replace its nuclear power plants and imported coal power. Douglas remarked: “As we move toward our long term goals, ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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