Recently there have been calls to allow California utilities buy more renewable power from outside the state and to buy renewable credits to meet RPS standards. The reasons are clear in an article today, from the LA Times, which reports that California utilities are having a hard time meeting the current 20% RPS goal by year end. The reasons are many and are described in the article. California is such an interesting case, as a large economy reliant on power imported from neighboring states, but its situation is not unique. States in the Northeast are also finding it a challenge to meet RPS standards on in-state generated alternative power. Will these RPS standards force California to abandon its ban on new nuclear power to achieve its goals, or will it continue to rely on other states for its energy destiny?
TRADITIONAL ENERGY
Uranium Bottoming as China Stockpiles 10,000 Tons from Cameco http://www.businessweek.com/news/2010-07-11/uranium-bottoming-as-china-stockpiles-10-000-tons-from-cameco.html
Interview with T. Boone Pickens http://money.cnn.com/2010/07/12/pf/pickens_energy_stocks.fortune/
ALTERNATIVE ENERGY
California Utilities Struggle to Meet RPS Requirement http://www.latimes.com/business/la-fi-clean-power-20100710,0,3083534.story
ENERGY POLICY
Group Proposes North Dakota Energy Policy http://www.kxnet.com/getArticle.asp?ArticleId=601226
Squandering the Stimulus http://www.americanthinker.com/2010/07/squandering_the_stimulus.html
New Rules in Massachusetts Set Bad Precedent for Biomass http://www.nytimes.com/2010/07/10/business/energy-environment/10biomass.html?_r=1&src=busln
Climate Bill Would Not Add to Deficit As Long as Carbon Credits Are Sold to Utilities to Raise Money http://www.brighterenergy.org/13504/news/legislation/climate-and-energy-bill-would-not-add-to-deficit/
COMPANY NEWS
Idaho Power Signs First Large Solar Agreement http://www.tradingmarkets.com/news/stock-alert/idhoo_idaho-power-signs-first-large-solar-energy-agreement-1033116.html
Southern Cal Edison Won Approval to Buy 500 MW Renewable Power http://www.reuters.com/article/idUSN0823039820100708
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