September 9, 2005
Utility’s request solidifies leadership role in procurement of energy from renewable sources
ROSEMEAD, Calif., Sept. 9, 2005—Southern California Edison (SCE), the nation’s leading provider of electricity generated from renewable energy sources–solar, wind, biomass, geothermal, and small hydro—today announced another solicitation for renewable power contracts.
“We believe cost-effective renewable power makes sense in helping to meet our customers’ energy needs in the future,” said Pedro Pizarro, SCE senior vice president of power procurement. “Our goal is a diversified portfolio of electricity sources. Renewable energy helps us meet that goal while providing environmental and economic benefits to our customers.”
SCE is soliciting 10-, 15-, or 20-year contracts from all interested renewable energy projects. Proposals will be due to SCE by October 18, 2005. Interested parties can download details of the request for offers at www.sce.com/renwrfp.
- SCE’s renewable power percentage is more than seven times the national average.
- SCE’s current renewable portfolio can deliver 2,588 MW of electricity, including
-1,021 MW from wind
-892 MW from geothermal
-354 MW from solar
-226 MW from biomass
-95 MW from small hydro.
- SCE procured more than 13,000 gigawatt-hours* of renewable energy in 2004, more than any U.S. utility and enough to power almost two million homes for an entire year.
- In 2004, more than 18% of the power SCE delivered to the 13 million Californians it serves came from renewable energy sources.
- This is SCE’s ninth request in the past three years—and the third exclusively from renewable energy providers—for offers from independent power producers. These open, competitive solicitations have resulted in new renewable contracts for an estimated 1,380 MW of energy expected to be online during the next few years.
*A gigawatt equals one billion watts.
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An Edison International (NYSE:EIX) company, Southern California Edison is one of the nation’s largest electric utilities, serving a population of more than 13 million via 4.6 million customer accounts in a 50,000-square-mile service area within central, coastal and Southern California.