Rocky mountain power price ut
Extreme heat, drought, wildfires, and flooding exacerbated by climate change are ravaging our communities and will also have major impacts on our energy supplies. Rocky Mountain Power’s preferred portfolio does not holistically consider the widespread costs and impacts of climate change. It’s a relatively logical model, at least it was before climate change. Essentially looking at what’s affordable, what’s reliable, and what’s available. The goal of Rocky Mountain Power’s energy plan is to provide the “least-cost, least-risk” energy resources for its customers. However, it simply doesn’t go far enough fast enough. All good news, and for these things we applaud Rocky Mountain Power. In addition, there are commitments to increase investments in “demand response” resources that make the grid more flexible, resilient, and help integrate more renewable energy resources going forward. All in all, the 2021 energy plan will add another 1,437 MW of clean energy resources to PacifiCorp’s six-state system.
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The 2021 energy plan calls for an additional 837 MW of wind, and a total of 600 MW of solar paired with storage, all of which should come online by the end of 2026. These resources are scheduled to come online by the end of 2024. Rocky Mountain Power will continue moving forward with its substantial investments in renewable energy resources from the 2019 energy plan, including 1,302 MW of solar and 1,792 MW of wind, along with 697 MW of battery storage. On the upside, the plan shows progress in reducing emissions. It’s an attainable goal, but Rocky Mountain Power’s plan falls short. The latest analysis from the Intergovernmental Panel on Climate Change made it clear – to avoid the worst impacts of climate change, we must reduce emissions from the power sector at least 80% by 2030 and be net-zero by 2035. The good news is that we know what we need to do. Utah’s ongoing mega-drought and smoke-filled air from wildfires caused by climate change are taking an excruciating toll on our lives, and without bold and rapid action to reduce emissions, it will only get worse.
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This is without question an important step in the right direction, but is it enough? The primary takeaway is a promising one: a 74% reduction in emissions by 2030 from their 2005 baseline.
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Today, Rocky Mountain Power released its Integrated Resource Plan (energy plan) outlining how it plans to meet the power needs of its Utah customers through 2040. With the release of Rocky Mountain Power’s Integrated Resource Plan, climate experts consider the missed opportunities of ignoring the obvious