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|Articles - June 2013|
|Tuesday, May 28, 2013|
Page 3 of 6
Utilities: The conservation solution
In 2010 more than 120,000 Oregon electric customers chose to pay a little extra on their power bills to support renewable energy. Only Texas, with more than six times the population, signed up more people for so-called green pricing, according to the U.S. Energy Information Administration. When it comes to cutting carbon and conserving power, Oregon’s electric customers put their money where their mouth is. Governor Kitzhaber’s 10-year Energy Action Plan aims to offset all electrical load growth with conservation, and so far Oregon is on track. That’s thanks in part to laws dating back to 1999 requiring the state’s largest utilities to divert about 5% of revenues to conservation. The Energy Trust of Oregon uses those funds to incentivize weatherization, small-scale renewable power and the purchase of efficient appliances. Since 2002 those efforts have saved 368 megawatts, helping Oregon reduce electricity consumption even as its population grew.
“We’re buying energy through efficiency at 2.5 cents a kilowatt hour, a third of the cost for electricity and less than two-thirds the cost for natural gas,” says Margie Harris, Energy Trust’s executive director. “So we’re getting a very fine deal.”
Additionally, Clean Energy Works Oregon has given homeowners $2.7 million in rebates for about 2,400 residential energy upgrades since 2011. The nonprofit is bringing down energy use in 19 counties by leveraging $20 million in federal stimulus funding.
Oregon also aims to cut the environmental impact of its utilities through renewable portfolio standards. By generating or acquiring electricity from renewable sources equivalent to 16.9% of its Oregon load in 2011, Portland General Electric blew past its 5% RPS target for that year, according to the state’s Public Utility Commission. So did Pacific Power, with 13.5% green generation.
The electricity market is not confined to state borders, though. About 80% of the electricity generated in Oregon comes from hydro plants and other renewable sources, but much of that clean power is exported to utilities meeting renewable portfolio standards in other states. For example, Southern California Edison purchases all the power generated by the 845-megawatt Shepherds Flats wind-energy project in eastern Oregon.
According to the Oregon Department of Energy, 35.5% of the power Oregonians use still comes from coal, and another 16.2% comes from natural gas. Oregon’s renewable portfolio standard will eventually bring those percentages down as the state aims to consume 25% of its power from renewable sources by 2025. But in doing so, it will likely face competition for green energy from other Western states with similar targets.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Wednesday, August 06, 2014
BY LINDA BAKER | OB EDITOR
Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
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Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.
Vanessa Sturgeon and Miller Nash LLP were selected as leaders in encouraging female advancement.