Renewable Energy Update - April 19, 2011

In This Issue:

Renewable energy law signed in California; RENEWABLE ENERGY FOCUS - DOE loan guarantees for renewable energy projects survive GOP attack; Federal spending bill slashes EPA budget by 16%; California-Canada carbon market to start smaller than planned in 2012; Analysis: Smart grid adoption is essential to widespread use of renewable energy; Transmission issues are primary roadblock to widespread renewable energy use, study claims; IID official: Transmission lines are lynchpin for Imperial Valley renewable energy industry; California tosses out solar power plant lawsuit, offers no explanation; DOE offers $1.2B loan to support 250MW California solar project; BrightSource achieves fundraising goals for Ivanpah solar project with DOE loan guarantee, Google investment; Pegasus Energy Partners planning 400MW Alameda County solar project; Sacramento dedicates 3MW solar project; Los Angeles-area solar company booked solid for 2011; Record demand prompts LADWP to freeze solar rebates; SDG&E scales back investment in Montana wind farm after consumer complaints; Report: U.S. geothermal use increasing; Marin Energy Authority meets for first time since death of chairman; NOTABLE RENEWABLE ENERGY PROJECTS AND DEALS - SDG&E signs power purchase deals on two San Diego County solar projects.

Renewable energy law signed in California

Los Angeles Times - Apr 12

California Gov. Jerry Brown signed legislation requiring public and private utilities to obtain 33% of their electricity from renewable energy sources by 2020. The legislation will increase the state’s mandate from 20% to 33%. Utilities will be allowed to use power delivered into California from out-of-state sources toward the requirement. Two of the state's three major utilities, SCE and SDG&E expressed support for the legislation, but PG&E officials say they are willing to "work within the rules" of the law, even though they say it will likely increase energy prices.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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