Wednesday, March 28, 2007

RPS out of committee

The senate environment and natural resources committee voted unanimously on Tuesday in favor of the 25% renewable portfolio standard, SB 373, proposed by Gov. K. The interesting thing is, nobody knows how much passage of the bill is going to cost utilities and ratepayers. Earlier this week I spoke to PGE, which is working on a cost analysis of wind integration to meet the RPS goals. I have a hard time believing, however, that utilities such as PGE would support the RPS without knowing first how much this will cost.

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