California PUC on RPS: Renewable Energy Procurement Up in 2011, Costs Falling
February 15, 2012 at 07:00 AM EST
In a report to the state legislature released Feb. 3, the California Public Utilities Commission (CPUC) said that in 2011, the state recorded its largest increase in renewable generation since the beginning of its ambitious Renewable Portfolio Standard (RPS), and that the cost of electricity from new renewable energy projects is dropping.