California Regulators Propose 2 GW New Peak Capacity To Address Reliability Concerns

California regulators have launched a “procurement track” to address potential reliability questions between 2019 and 2024, including whether there are sufficient resources to meet the state’s peak system reliability needs. On June 20, the California Public Utilities Commission issued a commissioner’s ruling that recommends load serving entities (LSE) procure 2 GW of new peak capacity statewide, to come online by Aug. 1, 2021. The procurement track proceeding is a part of the state’s effort to overhaul utility integrated resource planning (IRP). Initial comments are due July 15.