FOR IMMEDIATE RELEASE
CPUC Selects Energy and Environmental Economics, Inc (E3) and PLEXOS Solutions to Model Electricity Sector’s Compliance with California’s Climate Change Legislation
July 31, 2007
Sacramento, California – The California Public Utility Commission (CPUC) has recently selected Energy and Environmental Economics, Inc. (E3) and PLEXOS Solutions to model the electricity sector’s compliance with California’s Assembly Bill 32 (AB32), the Global Warming Solutions Act. This law requires a reduction in statewide greenhouse gas (GHG) emissions to 1990 levels by 2020. GHGs are the leading cause of global climate change.
The study will provide the CPUC and California Energy Commission with critical information on how different methods of reducing GHGs will affect utilities and their customers, including potential impacts on consumers’ electricity bills. This information will be used to advise the California Air Resource Board (CARB) on setting and implementing GHG standards for the electricity sector.
About PLEXOS for Power Systems – PLEXOS uses an industrial-strength LP/QP/MIP solver to deliver solutions to tough utility problems. PLEXOS is the platform at over 50 organizations globally for solving problems in operations, planning and risk, and market and transmission analyses (including LMP formation). For more information, visit www.plexossolutions.com.
About PLEXOS Solutions LLC: The Company is focused on bringing software solutions to
utilities, gencos, consultants, and ISOs. The management and technical team understands this
market and knows how to assist customers to deploy the next generation solution.
About E3 – E3 is an energy consulting firm that specializes in long-term resource planning using the full range of conventional, renewable, and demand-side resources. E3 has a broad range of clients including federal and state agencies, investor owned and municipal utilities, cooperative utilities and large energy users. For more information, visit www.ethree.com.
Contact / More Information: For more information regarding this study, please contract
Eric Toolson, PLEXOS Solutions LLC, at (916) 722-1484 (e-mail etoolson@plexossolutions.com) or Dr. Ren Orans, E3, at (415) 391-5100 (e-mail ren@ethree.com)
PLEXOS Solutions LLC
6929 Sunrise Blvd, Suite #101
Citrus Heights, CA 95610
(916) 722 -1484 phone