Rockville, MD (PRWEB) May 06, 2011
To meet the demand for green power, states have been enacting renewable portfolio standards (RPS) to replace fossil fuel generation. RPS laws ensure that a certain percentage of renewable energy is included in the portfolio of a particular state's utilities -- and mandate that the percentage increases over a specified number of years.
These laws compel utilities and regulators to buy or make green power. But with these new projects come increased costs -- and a debate over who exactly will have to pay for the power produced. It is a big issue in many competitive states.
Because each state RPS program is based on a variety of state-specific considerations, no two are alike. As a result, understanding these programs and how they could impact your firm isn't an easy task.
So what are the biggest challenges to achieving state RPS goals? What do states hope to get from offering above-market contracts to new technologies? And how does all this affect the consumer?
Get answers to these questions and more when by joining Restructuring Today for a new webinar "How to Meet the Challenges of State Renewable Portfolio Laws" on Wednesday, May 18, 2011 (webinar recording available for download). Listen as a panel of industry experts provides the most up-to-date information on the debates about the objectives of RPS laws that are unfolding in state capitals around the country. And why offshore wind and tidal power plus clean coal plants are some of the biggest issues facing utilities today.
Learn why some states, like California, with very large RPS requirements have to spend a lot on generation and transmission. And how regulators are grappling with the decision about who will ultimately foot the bill for those additional costs, balancing the need for meeting the law's objectives with its responsibility to protect consumers.
Hear from this panel of industry experts during Restructuring Today's webinar, "How to Meet the Challenges of State Renewable Portfolio Laws:"
- Sean Brady, Regional Policy Manager, Wind on the Wires
- Brian Granahan, Advisor to Chairman, Illinois Commerce Commission
- Arne Olson, Partner, E3 Consulting
- James Downing (Moderator), Senior Reporter, Restructuring Today
Details about Restructuring Today's “How to Meet the Challenges of State Renewable Portfolio Laws” Webinar is available at http://www.restructuringtoday.com/State-Renewable-Portfolio-Laws-Webinar.htm or by calling +1-301-769-6804 (888-471-4447 toll-free in US & Canada).
About Restructuring Today: Our mission is to deliver exclusive news chronicling ongoing efforts to open competitive wholesale and retail energy markets with in-depth analysis on why some fail and others succeed. The newsletter began publishing in 1997.
For more information, contact Season Crawford, VP of Marketing and Associate Publisher, season(at)ghinews(dot)com, +1-301-769-6903 x102.