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In 2019, the Redwood Coast Energy Authority adopted a goal to
deliver 100% clean, renewable electricity to all customers by 2025
and for 100% of that power be generated within Humboldt County by
2030. Richard Engel, Director of Power Resources at RCEA, joins Gang
Green to talk about their plans to rapidly increase renewables in
our power portfolio. RCEA recently contracted with a new solar farm
in Kern County to deliver 100MW of power by 2022 and is working on a
residential battery storage program through Swell Energy for local
customers to provide consistent, dispatchable power to the grid. RCEA
is also joining with other community choice energy aggregators in a
The Energizer – Volume 84 | K&L Gates LLP jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.
Monday, February 22, 2021
New Green Act Could Extend and Create New Credits for Renewable Energy, Energy Storage, Carbon Capture, and Electric Vehicles
On 5 February, the House Ways and Means Subcommittee on Select Revenue Measures announced the reintroduction of the “Growing Renewable Energy Efficiency Now (GREEN)” Act. The bill was previously introduced in June 2020. If passed, the legislation would provide for a host of incentives across the renewable energy, energy storage, carbon capture, and electric vehicle industries.
Some notable provisions include:
Reinstatement of a 30 percent investment tax credit (ITC) through 2026, decreasing to 26 percent in 2027, 22 percent in 2028, and 10 percent for subsequent years.
Extension of the 60 percent wind production tax credit (PTC) through 2026.
Community choice aggregators (CCAs) have become a formidable player in California’s electricity markets,
taking over the role of supplying electricity to millions of customers from the state s investor-owned utilities, announcing big-time clean energy contracts and pushing regulators to add flexibility to state rules that stymie the growth of CCAs.
A Monday announcement again underlines that expanding influence: eight CCAs have teamed up on a joint powers authority, an entity joining public agencies in service of a common goal. In this case, the goal is buying larger amounts of clean energy; many of California’s CCAs have renewables targets more aggressive than those of the state at large.
Clean energy agencies Peninsula Clean Energy and Silicon Valley Clean Energy announced Monday that they will join six other community choice aggregators to form a new entity called California Community Power.