This is a guest post by Nick Abraham, originally published on Oil Check Northwest
As you are reading this, a crucial compromise is making its way through the Oregon legislature: the state could finally transition completely off coal power and double its renewable energy portfolio.
Currently, Oregon still gets about 30% of its electricity from coal. This all comes from the state’s two largest utilities: PGE and Pacific Power. PGE purchases power from massive coal fired plants in Coalstrip, Montana as well as Boardman, Oregon (set to be shutdown in 2020), while Pacific Power pulls from their whole western grid, which is fed by 20+ coal plants.
Despite these two utilities historic reliance on coal, they’ve come to an unprecedented agreement with environmental groups and consumers to wean themselves off dirty energy over the next 30 years.
The Citizens Utility Board, an electricity ratepayer advocacy group, is championing the deal, which it calls, “best for consumers, best for utilities and best for the environment.” This trifecta of groups rarely sees eye-to-eye on small issues, much less a massive leap like this agreement. It’s one of those rare moments where everyone seems to be on the same page. That is except one rarely heard of regional association.
The UK’s largest pension company will call on the government to discuss legislative backing for clean energy investment later this year.