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| Southern California Edison seeks long-term renewable power contracts |
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| Tuesday, 18 July 2006 | |
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Southern California Edison launched its fourth solicitation for renewable power contracts since 2002, the company said Friday. The company is looking for long-term contracts of 10, 15, or 20 years with companies developing cost-effective, renewable power projects such as solar, wind, biomass, geothermal, or small hydro energy projects,
according to a release. It will hold a proposal conference August 10.
The company says it is also working with state officials to change barriers that renewable project owners face in development and linking their new projects with California's electrical grid.
Southern California Edison estimates that more than 16 percent of the power it delivers this year will come from renewable sources, and previous solicitations resulted in 13 new contracts with 1,674 megawatts of potential generating capacity. Currently, the company's renewable portfolio includes 1,021 megawatts from wind, 892 megawatts from geothermal, 354 megawatts from solar, 221 megawatts from biomass, 128 megawatts from a company-owned small hydro, and 95 megawatts from an independently owned hydro, according to the company. Southern California Edison, which distributes electricity to some 4.6 million customers in California, is the largest subsidary of Rosemead-based Edison International.
David Smith, Singapore
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