Friday, October 4, 2013

California's Changing Power Generation Mix

California's power market is notable for its renewable initiatives, high retail prices, and flat demand trends.  It is an often cited example as both a success and a failure, and will be the focus of attention as various mandates are implemented through the rest of the decade.  Here is a quick look at the start of October, and how it begins to compare to October 2012.  Some changes are obvious, but a full month of data and some weather comps will be necessary to draw more conclusions, so the graphs will be revisited in four weeks.