Dive Summary:
- A 107-page report titled "Rewiring California" has outlined the mistakes made by the state regarding its push to add renewable energy to its power grid; the report also analyzes the mistakes of former Governor Gray Davis, which resulted in skyrocketing electricity rates.
- The report applauds the state's attempts to reduce reliance on fossil fuels, but said that the collection of state energy agencies is "dysfunctional" and could unwittingly increase rates and ruin California's resources.
- According to the watchdog report, the state has also approved 20-year power agreements that lock in unnecessarily high prices; California officials are not required to act on the group's advice.
From the article:
The problems described in the report can be traced to California's ambitious legal requirement that the state utilities derive a third of their power from wind, solar and other renewable sources by 2020.
In the rush to incorporate new energy sources, the state has approved 20-year power agreements that lock in "unnecessarily high prices," the report says. ...