A California Public Utilities Commission Judge called for a “premature” order of additional electric capacity in the state to take advantage of lucrative renewable energy federal tax credits while they still exist.
Gov. Newsom said the virtual power plant bill would not have improved electric grid reliability planning because it did “not align with the California Public Utility Commission’s Resource Adequacy framework.”
As California works to launch opt-in dynamic pricing of electricity that favors low-cost renewables, three manufacturers now offer 73 models of a type of price-responsive device.
Gov. Newsom said the bill would not have improved electric grid reliability planning because it did “not align with the California Public Utility Commission’s Resource Adequacy framework.”
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.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.