Harnessing the Full Potential of Clean Energy: The Role of Southern California’s Utility Distributed Energy Resource Pilots
California is committed to achieving carbon neutrality to reduce the threat of climate change by 2045. This will require deep decarbonization across all economic sectors and necessitate rigorous planning to keep energy safe, reliable, and affordable. Southern California Edison (SCE), a utility that delivers electricity to 15 million people across southern, central, and coastal California, undertook an in-depth analysis to identify a feasible and economical path to realizing California’s greenhouse gas reduction goals and achieve carbon neutrality at the lowest reasonable cost by 2045.
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Decarbonization of Electricity Systems in Europe: Market Design Challenges
Driven by climate change concerns, Europe has taken significant initiatives toward the decarbonization of its energy system. The European Commission (EC) has set targets for 2030 to achieve at least 40% reduction in greenhouse gas emissions with respect to the 1990 baseline level and cover at least 32% of the total energy consumption in the European Union (EU) through renewable energy sources, predominantly wind and solar generation.
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