Oregon Rulemaking Complete, Giving Green Light for New Energy Source
Rulemaking for Senate Bill 98 (SB 98) is now complete, giving NW Natural a clear path to acquire renewable natural gas on behalf of customers, and forging the way for this newest renewable resource to be an increasing part of the state’s energy supply.
NW Natural, a subsidiary of NW Natural Holding Company (NYSE: NWN), worked collaboratively with legislators and renewable natural gas stakeholders to create SB 98, a groundbreaking bill that was signed into law by Oregon Governor Kate Brown last year. Since then, the Public Utility Commission of Oregon (OPUC), consumer groups and natural gas utilities have been working through a rulemaking process, so natural gas utilities can begin procuring renewable natural gas under the legislation.
By Yahoo News