2021 Will Present New Challenges for Congestion Revenue Rights (CRRs) in CAISO

LCG, September 4, 2020--LCG Consulting completes a comprehensive congestion analysis for 2021 in California ISO (CAISO).

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NextEra's Energy Storage Projects Gain Momentum in California

LCG, September 1, 2020--NextEra Energy Resources, LLC, yesterday highlighted its plans to install nearly 700 MW of battery energy storage systems (BESS) in California.

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Industry News

Louisianas' Governor Targets Net Zero Greenhouse Gas Emissions by 2050

LCG, August 28, 2020--The Governor of Louisiana signed Executive Order Number JBE 2020-18 that targets net-zero greenhouse gas emissions (GHGs) originating in Louisiana by 2050. The Order, signed last week, includes interim GHG goals to reduce GHG emissions by 26-28% of 2005 levels by 2025, and by 40-50% of 2005 levels by 2030.

The aim of the Order is to reduce GHGs to limit the impacts of climate change that harm the state's natural and cultural heritage, while adapting to maintain its position as a world leader in energy, industry, agriculture, and transportation.

The Order directs the creation of a Climate Initiatives Task Force to investigate and make recommendations to reduce GHSs originating in Louisiana to the Governor. The Task Force, to be comprised of up to 23 members representing various government agencies and stakeholders, is to deliver an interim report recommending strategies, policies and incentives by February 1, 2021. The Task Force is to submit a subsequent report that includes a detailed plan to meet the goals by February 1, 2022.

The Task Force will include committees for power generation, distribution and use; land use, buildings and housing; transportation; agriculture, forestry, conservation and waste management; manufacturing and industry; and mining and oil and gas production.
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