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Initial Results from California Renewable Auction

Sunday, Apr 01 2012

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We are getting some initial results from California’s Renewable Auction Mechanism (RAM)–a program for renewable energy projects under 20 MW in size. SCE and PG+E have both filed advice letters asking for approval of the contracts.  We are still waiting to hear from SDG&E.

The results? Eleven projects, 130 MW total, most solar, and all under 8.9 cents/kWh.