California has put a scare into Colorado utilities, but in a warming world more prone to wildfires, there’s already reason reason for utilities to be worried.
As Colorado chooses its path toward 50% decarbonization of its economy by 2030, all the paths involve the state’s regulation of electrical utilities. But there’s more than just closing down coal plants. That’s already underway.
Covid-19 has impacted electrical utilities by cutting demand, slowing development of renewable energy, and causing executives to fret about revenue. Some changes will be temporary, others permanent.
The dispute that threatens to break apart Colorado’s second largest electrical supplier will likely be resolved in Colorado, not Washington D.C. Somehow, all sides in the case managed to proclaim success after reviewing the order from the Federal Energy Regulatory Commission posted on March 20.
Bill Ritter helped steer Colorado’s energy transition when governor from 2006 to 2010 and now does so at the at the Center for the New Energy Economy. Even so, he said he has been shocked at how quickly the pivot has occurred.