The
utility
is
seeking
approval
from
the
California
Public
Utilities
Commission
(
CPUC)
for
20
power-purchase
agreements
(PPAs)
totalling
250MW
of
capacity,
all
of
which
are
priced
at
less
than
the
state’s
market
price
referent
(MPR),
which
approximates
the
20-year
cost
of
energy
from
a
new-build
500MW
combined-cycle
gas
plant.
The
contracted
projects,
which
SCE
first
announced
in
November
and
will
be
built
in
California,
range
in
size
from
4.7-20MW,
and
have
expected
capacity
factors
of
23-32%.
They
are
scheduled
to
come
online
from
April
2013,
with
20-year
contracts.…
