First Version of Hawaii Clean Energy Initiative Comes to an Official End
Published By : 03 Apr 2015 | Published By : QYRESEARCH
According to public documents, the Hawaii Clean Energy Initiative (HCEI) has come to an official end. This initiative was composed of a series of agreements, signed way back in 2008, which promised to shape the future of state’s energy plans, which included achieving a target of producing 70% renewable energy by 2030. The initiative was led by then Government of Linda Lingle.
The news was revealed by Hawaiian Electric Industries Inc., the parent company of Hawaiian Electric Co through a filing with the U.S. Securities and Exchange Commission. The agreement, Hawaii Clean Energy Agreement, which was signed by executive director of the state Division of Consumer Advocacy, Jeffrey Ono, president and CEO of HECO, Alan Oshima, president and CEO of HEI, Constance Lau, former director of the state Department of Business, Economic Development and Tourism, Richard Lim, and Neil Abercrombie, then governor was cancelled completely.
The goal of HCEI was to achieve 40% of the state energy from renewable sources and about a 30% from efficiency measures. As the 7 year agreement comes to an end, the HCEI 2.0 opens a new initiative, which will have new transportation goals.