With California facing a $12 billion budget shortfall, the state’s lawmakers opted not only against a boost in funding for its flagship virtual power plant program as initially planned, but to not renew its funding all together.
California lawmakers passed two bills that aim to facilitate how the state and its utilities handle virtual power plants.
Gov. Newsom pushed off making a decision over the fate of a program to prevent California’s blackouts and lower costs, but now his time to make a decision is running out — and so is the program’s funding.
Located in two high-volume, low-income locations, the two charging stops aim to provide maximum impact for electric trucks and jobs for marginalized communities.
Virtual power plants, which could save state ratepayers an estimated $550 million per year, are connected aggregations of distributed energy resources like rooftop solar and energy storage.
The CEC estimates that approximately 24,000 new chargers were installed in the first half of 2024, and the Fast Charge California Project aims to incentivize even more.
More solar power would be used to charge electric vehicles if inexpensive level-1 chargers were deployed at workplaces, and rate design favored daytime charging, a study says.
The company’s proprietary technology is enabling traditional lead-acid battery makers to offer what the company says are safe, sustainable and substantially higher-powered nickel-zinc batteries.
California installed 24,202 chargers in the first half of 2024, bringing the total to over 150,000.
With flexible demand appliance standards for pool controls set to take effect in California next year, the state is now developing standards for electric storage water heaters, to be followed by standards for five more types of appliances.
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