Southern California Edison (SCE) has signed contracts with solar and geothermal energy producers for more than 1.5 GW of capacity. Agreements include the purchase of more than 1.3 GW of new solar power and the re-contracting of 225 MW from an existing California geothermal energy project.
SCE says the contracts resulted from an open and competitive process for all renewable resources designed to promote market development, contain costs, diversify power sources and help to meet the state's 33% renewable portfolio standard goals.
The agreements are subject to approval by the California Public Utilities Commission.
‘SCE is committed to continuing to bring renewable power resources to our customers and helping achieve California's environmental goals,’ says Stuart R. Hemphill, SCE senior vice president for power supply and operational services. ‘These agreements will help us maintain diversity in our renewable energy portfolio.’