Regulation, Sourcing Renewables - March 27, 2020
California launches plan to double RE capacity by 2030
The California Public Utilities Commissions released March 26 a new target to double the amount of renewable energy capacity in the state by 2030.
The new plan would require the addition of 25,000 MW of renewable and storage resources to come online, including 8,900 MW of new battery storage. This is nearly eight times the total installed battery capacity nationwide as of 2018.
“The Decision adopted today provides guidance to load-serving entities to go out and procure approximately double the amount of renewable and storage capacity that is currently online in the electric system in California,” CPUC Commissioner Liane M. Randolph, the assigned Commissioner leading the IRP proceeding, said in a statement.
Electricity providers will be required to develop and submit individual plans to meet their share of the target by 2030, in addition to a deeper target of 38 million metric tons, while ensuring electric service reliability. The load-serving providers will not be restricted from developing plans that include an even deeper target than the state has outlined.
The adopted reference portfolio from which targets and plans are generated estimates an electric sector greenhouse gas reduction target of 46 million metric tons by 2030, which is about 56% below 1990 levels and exceeds the state’s policy to reduce emissions economy-wide by 40% since 1990 levels.
The CPUC will compile the electric provider portfolios and adopt a Preferred System Portfolio based on either the 46 MMT target or the additional 38 MMT target required in electric providers’ plans.
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