New California Renewable Energy Standards Promote Power Projects

SUGAR LAND--October 21, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--With the support of California Governor Jerry Brown, state legislators recently approved an increase in the state's renewable energy portfolio standards from 33% by 2020 to 50% by 2030. The Clean Energy and Pollution Reduction Act of 2015 will lead to wider use of renewable energy in California and pave the way for an expansion of the electrical grid throughout the West Coast states, in order to take advantage of these renewable targets. Industrial Info is tracking 113 renewable energy projects in California valued at about $32 billion.

Within this article: Details on new renewable energy portfolio standards in California and their potential impact.