Utility Dive•2 days ago
California orders utilities to add 6 GW of non-fossil capacity by 2032
- •California's CPUC has mandated utilities to add 6 GW of new non-fossil capacity to the grid by 2032.
- •Eligible resources must be zero-emitting or otherwise qualify under the state's Renewables Portfolio Standard (RPS) program, directly benefiting solar, wind, and storage projects.
- •This regulatory order creates significant market opportunities for developers in CAISO, driving demand for clean energy PPAs and impacting capacity market values.
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