RPS quote of the day
Posted by Rich Sweeney on December 7, 2007
“If that passes, I’m stocking up on flashlights.”
That was Pedro Pizarro, senior Vice President of Southern California Edison, yesterday after being asked about the prospect of a 50% RPS in California. This statement highlights a reality that those of us who’ve attempted to model renewable penetration have know for some time. Even if you were to overcome what appear to be substantial renewables supply constraints, the technology itself is still too nascent to play a major role on the grid. Without storage and better input estimates, even a 33% RPS, which is California’s current target, would come with an enormous price tag and intolerably low reliability.