California To Spend $5.2 Billion On ‘Electricity Reserve’ To Avoid Blackouts

California has proposed spending $5.2 billion on creating a “strategic electricity reliability reserve” that would help the state avoid blackouts when its electric grid is stressed, a 2022-2023 budget revision document showed on Friday according to Bloomberg.

California has weathered a fair amount of criticism over its electric grid, which contributed to rolling blackouts as recently as 2020. California warned last week that it could run into electricity shortages this summer with drought, heatwaves, and wildfires continuing to stress the grid.

But renewables and California’s electricity exports have also stressed the grid.

The Reserve will be developed using existing generation capacity that was scheduled to retire, new generation, new storage projects, clean backup generation projects, customer side load reduction capacity that is visible to and dispatchable by CAISO during grid emergencies, and diesel and natural gas backup generation projects – which the budget document stressed would have emission controls and all required permits. – READ MORE

Related Articles

(PREMIUM) PAINE IN THE MORNING: 12 things you need to know this Monday – May 23, 2022

There is also an ad free audio version of this episode you can listen to HERE. Belgium Begins Monkeypox Quarantines, Biden Warns “Everybody Should Be Concerned” – Belgium has become the first country to introduce a mandatory 21-day monkeypox quarantine for those who contact the virus, after three cases were recorded in the country. The Palace…

To access this post, you must purchase The Hot Wire, The Hot Wire (DG), Monthly Supporter​ or Monthly Supporter​ (DG).

(PREMIUM) PAINE IN THE MORNING: What you need to know this Tuesday – September 27, 2022

Here’s what you need to know today, Tuesday – September 27, 2022. European countries are on the brink of economic disaster, report warns – European countries teeter on the brink of recession and could be pushed over the edge by a harsh winter, while the continent’s largest economy faces a definite recession, according to a report…

To access this post, you must purchase The Hot Wire, The Hot Wire (DG), Monthly Supporter​ or Monthly Supporter​ (DG).

Responses