California Electricity Market Analysis and 2024 Forecasts Now Available at MarketReportsOnline.com
Dallas, Texas (PRWEB) November 01, 2014 -- Within the electricity sector in California, the transmission system needs reinforcing and reconfiguring - to manage flows of renewable power from regions that did not support large generating capacity in the past, such as the southern desert regions. Current in-state generation is dominated by natural gas fired plants, but there is massive solar potential and solar capacity, based on both solar photovoltaic and solar thermal, is growing rapidly. Deregulation of the electricity sector in 1996 led to major instability within this system in 2000 and 2001, but new measures introduced soon afterwards appear to have stabilized market operations now.
Key benefits from reading this report
What are the key energy resources in California for power production.
How is the country overcoming the effects of power shortage?
What are the key developments in electricity infrastructure?
Who are the key players in market?
What are the investment opportunities in the country?
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California is the third largest state in the USA, and the state with the largest population, while the state GDP is equivalent to that of the Russian Federation or Italy. California has significant oil reserves and small quantities of natural gas, but is a net importer of both. California also has extensive renewable resources including hydropower, solar power, geothermal reservoirs, wind and biomass. At the forefront of the drive to reduce greenhouse gas emissions, the state government has established a renewable portfolio target of 33% renewable generation by 2020, and the three biggest utilities have already reached 20%. However, achieving the 2020 target will mean both building more renewable capacity within the state, and importing from outside. California is already the largest importer of power from other states, and imports could potentially rise. Complete report available @ http://www.marketreportsonline.com/354622.html.
Key features of this report
An overview of the electricity market in California. Power supply data covering production, imports and exports and the main production sources. Power demand data by market sector and tariff data. An overview of the structure of the electricity sector with government and private sector companies as well as the regulatory status. Power demand forecasts and the development of the power sector to meet expected growth. Transmission system expansion plans. Browse Complete Table of Contents @ http://www.marketreportsonline.com/354622-toc.html.
Related Reports on Energy and Power Market @ http://www.marketreportsonline.com/cat/energy-and-power-supplies-market-research.html.
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Ritesh Tiwari, Market Reports Online, http://www.marketreportsonline.com/, +1 (888) 391-5441, [email protected]
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