Bird - Pacific Power

Parents

Comments by CEOs

Children

Bird - Competitive issues are always a concern. Important to think how to deal with in a regulated industry.
Bird - Customer choices have big impacts on utility business models - we have to address
Bird - Have been pursuing line proposals for years. Lines to California almost $10 billion, hopefully a value proposition.
Bird - Having the conversation with all the Commissions. Everyone recognizes we're entering a new world.
Bird - Lots of changes happening. More and more companies part of Berkshire Hathaway system.
Bird - No concerns complying with 111(d). Our goals are more ambitious than 111(d)
Bird - Our challenge is to transition to a low-carbon transition without destroying the economy
Bird - We can build utility solar at half the cost of roof-top solar. So we need to get to those resources.
Bird - We have a huge opportunity to make a difference for generations to come
Bird - We'll be retiring a lot of coal by 2030. In dialogue with the states for the Clean Power Plan.
Bird - We're committed to the transition. We've signed on to the climate commitments. We're investing billions in renewables.
Bird - We're now in a world that's hard to predict. System far more integrated. Have access to best solar best wind best hydro
Bird - We're the lowest cost electricty region in the region
Bird - We've begun the transition to a low-carbon system. Wind on-line, solar coming on-line. But has to happen in ways to protect customers.
Bird - With CA's 50% RPS we already see curtailment of solar. A huge opportunity to transfer power.

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