California regulators see signs of a new energy crisis — can they prevent it?

Utility Dive
May 18, 2018

Resolving the PCIA issue will eliminate some uncertainty, but not the challenge of CCAs’ lack of access to capital, Picker said. That has kept them from obtaining long-term PPAs in proportion to the scale of their potential need and forced them to serve load largely through short term contracts, he said.

A central authority for all procurement could resolve the procurement impasse and move the state toward its GHG reduction goals, Picker said. “We have a renewables standard, and everybody is talking about 100% renewables, but that doesn’t necessarily translate into GHG reductions,” he said. “Should we go to a GHG reduction standard?”

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