Private Entity Sought to Develop San Diego Pumped-Storage Energy Facility

In 2018, the state of California updated its Renewables Portfolio Standard to call for obtaining 60% of its power from renewable energy sources by 2030. At the same time, the state also mandated that its electricity system be powered solely by carbon-free, renewable energy sources by 2045. Meeting these ambitious targets will require no shortage of technological developments, particularly batteries or other means of storing electricity generated by intermittent, renewable energy sources, especially solar and wind power.

As part of its recently enacted budget for 2021-22, California included funding to help foster the development of one such storage method, known as pumped-storage hydropower. In particular, the budget provided $18 million to the city of San Diego and the San Diego County Water Authority for use in advancing their planned joint project known as the San Vicente Energy Storage Facility.