Pasadena Water And Power Optimized Strategic Plan 2030
This document serves as a progress report for Pasadena Water and Power's Optimized Strategic Plan (OSP), a framework designed to achieve 100% carbon-free electricity by the end of 2030. The plan outlines pathways, investments, and decision points, focusing on key pillars: rapidly scaling proven carbon-free technologies, developing innovative customer programs and rates, mitigating Glenarm Power Plant operations until replacement is possible, monitoring emerging technologies, fostering community engagement and collaborative partnerships, and identifying financial strategies to maintain affordability. The overarching goal is to ensure affordability, rate equity, stability, and electric reliability while expanding local solar opportunities, developing community-owned clean energy resources, and modernizing infrastructure.