California’s current strategy of recovering a myriad of fixed costs in electricity usage rates must change as the state uses more renewable electricity to power buildings and vehicles on the path to carbon neutrality.
New report finds that California remains a leader in renewable energy production while its residents use less energy and have lower energy bills than other Americans.
New Next 10 study identifies commercial buildings as a stealth energy drain and a huge untapped resource that could provide significant savings for California businesses and state government, reduce the need to build new power plants, and cut global warming pollution while generating jobs and economic growth.
New Next 10 report finds that energy efficiency and renewables offer a valuable hedge against the risks of higher fossil fuel prices, quite apart from the fact that fossil fuel consumption generates over 80 percent of global GHG emissions.
New Next 10 report evaluates the state’s projected energy demand and supply horizons, and the economic impact of accelerating deployment of renewable energy resources and energy efficiency trends in California.
