Two key California energy agencies have released a staff-written white paper aimed at addressing the implications of the fact that the state’s investor-owned utilities are rapidly losing market share.
As much as 25% of IOU retail load will be served by non-IOU sources this year, and that share could grow to more than 85% by the middle of the next decade, according to the white paper, which was released by the California Public Utilities Commission and the California Energy Commission and authored by the Public Utility Commission staff.