Tuesday, May 19, 2015

USA, California:

What a 50% Renewables Mandate Means for California (Utility Dive)

A new report says billions of dollars in clean energy development could be unlocked


In moving to a 50% by 2030 renewables mandate, California leaders want more of what they got from their 33% by 2020 standard.

Numbers on the existing 33% target are still coming in, but getting to just over 15% renewables from 2002 to 2012 added 196,000 jobs, a 20% increase, according to analysis from clean energy think tank Next 10. At the same time, the state’s overall economy was adding jobs at a 2% rate.

By the middle of 2014, according to the group, the state was at 23% renewables, its average residential electricity bill had dropped 4% from 1990, and its average industrial electricity bill had dropped 57%.

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