Californians have made the bold choice to be a leader
in the global fight against climate change. Our Golden State is dedicated
to developing new renewable energy resources that will lessen our
reliance on fossil fuels and significantly reduce our green house gas
emissions. As Californians, we created Radback
Energy, Inc. to be an enabler in addressing this complex challenge
by providing a bridge between communities and the electric
utilities. Our success is dependent upon creating integrated and
reliable solutions to the energy needs of our communities. These
integrated solutions address the challenge of renewable resources: intermittent
wind and intermittent sun.
California has a need for zero carbon, green
energy. Radback Energy supports renewable
energy projects which are responsibly integrated with clean, efficient,
natural gas fired energy projects. At Radback,
we believe in building lasting partnerships with communities and electric
utilities. The ultimate result is an environmentally responsible and
reliable energy future for California. While focusing on addressing
California's immediate needs for clean and efficient natural gas fired
generation to backstop intermittent renewable energy sources such as wind
and solar, Radback Energy is expanding directly
into renewable technologies. Our business model stems from our
management team's realization of five marketplace drivers:
- Across California,
documented growth in consumer load is creating a need for new
- The California
Legislature has mandated a requirement for "renewable"
- Most renewable projects
are intermittent in nature due to the availability of the energy:
the sun, the wind, etc... These renewable projects need to be
integrated with other more reliable resources such as clean,
efficient natural gas electric generation in order to create a
dependable, reliable electric system.
- Utilities are issuing new
RFO's (request for offers) to address the energy needs of the
communities which they serve.
- Our customers desire
options and flexibility with regard to project delivery methods.