California grid needs $9.3 billion upgrade in renewables shift

California’s power grid operator says $9.3B in new projects is needed over the next decade to support the state’s shift to renewable energy and plug-in cars.

California’s power grid operator says $9.3 billion in new projects is needed over the next decade to support the state’s shift to renewable energy and plug-in cars.

The California Independent System Operator on Monday identified 46 projects that will be needed to help planned solar plants and offshore wind farms plug into the grid while improving reliability in a state that has been plagued with blackouts. CAISO identified the projects, including new or upgraded power lines and substation equipment, in a draft transmission plan. Its board is expected to vote on the plan in May.

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Source: Bloomberg

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