Takeaways:

  • In Hawaii, the state has begun implementing a system of incentives to speed up the transition to 100% renewable energy.
  • The state is trying to implement performance-based regulation to set a new regulatory framework which would incentivize the utility to both cut costs and achieve climate friendly goals.
  • The ultimate goal would be to move away from the monopoly that dominates the electric utility and to have many renewable energy producers on the electricity grid.

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