Renewable Energy Expansion in California
Key Ideas
- California approves $4.8 billion for 31 transmission projects to address electric load growth by 2039.
- US solar generation surpasses hydropower in Q1, with renewable sources contributing over 25% to the nation's electricity.
- USGS report suggests that geothermal energy in the Great Basin could potentially meet 10% of the U.S. electricity demand.
- San Diego Community Power finalizes two solar and battery projects to advance renewable energy goals.
California is experiencing a surge in renewable energy projects to meet growing electricity demands and transition towards a greener grid. The California Independent System Operator has greenlit 31 transmission projects worth $4.8 billion to cater for a projected 76 GW capacity increase by 2039. In another milestone, US solar generation outperformed hydropower in Q1, indicating the rise of renewable energy sources in the nation's electricity mix. Moreover, the US Geological Survey suggests that geothermal energy in the Great Basin could ramp up to provide 10% of the U.S. electricity demand, marking a significant potential increase. San Diego Community Power has also made strides by finalizing two solar and battery projects that align with renewable energy targets. Additionally, Energy Estate's acquisition in the California green hydrogen hub highlights the state's commitment to clean energy, aiming to produce green hydrogen for transport and industries. Boralex's REC agreement for utility-scale solar projects in New York further underscores the momentum in renewable energy initiatives across the United States.
Topics
Utilities
Renewable Energy
Energy Infrastructure
Solar Power
Electricity
Transmission Projects
Geothermal Energy
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