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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.
Monday, September 28, 2015
BY CHRIS NOBLE
This year has been so dry we were caught napping when it finally started to sprinkle. Hopefully you didn’t get caught in a downpour while eagerly awaiting — don’t deny it — our curation of Oregon-grown wet weather wear.
Wednesday, October 21, 2015
BY JASON NORRIS | CFA
Volatility reigned supreme over the summer. The old Wall Street adage of, “Sell in May and go away,” was prophetic in 2015.
Monday, September 28, 2015
BY GARY FISH
Over the years, many mentors have taught me lessons that have helped shape the way I view the world of work and our business.
Saturday, October 24, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
What's it like working with your sister and how do you compete in Portland's crowded artisan ice cream space?
Monday, September 28, 2015
BY JACOB PALMER
“There wasn’t a reason shaving with a straight razor should have been taken over by shaving with disposable razors.”
Wednesday, October 28, 2015
BY MARK LONG
Storyteller-in-Chief by the managing partner of Schwabe, Williamson & Wyatt.
Thursday, November 12, 2015
BY LINDA BAKER
Raye Miles, a 17-year taxi industry veteran, lacked the foresight to anticipate the single biggest trend in the cab business: breaking the law.
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Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.