SOURCE: Information Forecast, Inc.

September 12, 2007 12:13 ET

Western States' Clean Energy Initiatives to Be Explained in November at Infocast's Clean Power in the West Summit

LOS ANGELES, CA--(Marketwire - September 12, 2007) - Greenhouse gas emission reduction goals, Renewable Power Standard mandates and carbon control regulations are poised to create major changes in the power development and generation industries, particularly in the western United States. The corresponding opportunities that are being created for all power industry stakeholders, including utilities, regulators, developers, and financiers, will be examined at Infocast's Clean Power in the West Summit in San Francisco November 7 - 9, 2007.

In late August the Western Climate Initiative -- eight western U.S. states and Canadian provinces, including Arizona, British Columbia, California, Manitoba, New Mexico, Oregon, Utah and Washington -- adopted a regional, economy-wide greenhouse gas emissions target. These states aim by 2020 to reduce emissions of six primary greenhouse gases by 15% below 2005 levels. Within one year, a market-based system -- such as a cap-and-trade program covering multiple economic sectors -- will be designed to help meet this goal.

The Western Climate Initiative is itself merely the latest contribution to the greenhouse gas emission regime being erected across the West, just as California's Senate Bill 1368 was the first. Collectively, these regulatory efforts will have immense implications for a variety of Western businesses, although most significantly for the electric power and development industries.

Representatives from major utilities, power project developers, private equity, institutional investors, lenders and state regulatory agencies will discuss:

     Challenges and opportunities in RPS and carbon control regulations

     Various clean energy provisions' impacts on clean power development

     Alternative sources for meeting Western renewable power needs

     Availability of financing for clean energy projects in the west

     Methods used by major utilities to develop and procure clean energy
     and renewable power

     RPS and carbon control initiatives' impact on generation mix and
     resource adequacy in the West

     Transmission issues' impact on power supply development and
     acquisition in the West

For further information about the Clean Power in the West Summit, please visit www.infocastinc.com/cleanpower.html.

About Infocast

Infocast is an event production company with twenty years of successful industry experience, including a highly successful series of Summits in the wind power, solar power, ethanol, carbon and biodiesel markets. The Summits are leading events where industry players gather to share their perspectives on the markets, to establish relationships, network and conduct business.

Contact Information

  • Contact:
    Jim Naphas
    818-888-4444 ext. 35