Calif. aggregators to seek up to 20 GW of renewable energy, storage by 2030
As California’s local government-run community choice aggregators take on a larger share of the responsibility for purchasing power in the state, they anticipate signing long-term contracts for up to 20,000 MW of renewable energy and energy storage by 2030, according to a spokesperson for the California Community Choice Association. That would account for the vast majority of new resources that community choice aggregators, or CCAs, investor-owned utilities and other load-serving entities together must procure to meet the state’s 2030 retail electricity target of 60% renewable energy and is roughly double CCAs’ anticipated acquisitions from a year ago. Since November 2019, CCAs have added power purchase agreements for 1,700 MW of new renewable energy and 882.5 MW of battery storage, the spokesperson said.
Read more here: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/calif-aggregators-to-seek-up-to-20-gw-of-renewable-energy-storage-by-2030-61247574