California is the most populous state in the USA, is the fifth largest economy in the world and a true innovation engine. California is also the beachhead for energy policy for the North American market.
As of September 10, 2018, California has an incredibly ambitious goal to meet- 100% zero emission electricity by 2045 for its 40 million residents.
Energy storage will play a critical role in achieving this, since as a broad asset class, energy storage is able to integrate intermittent renewable energy and optimize existing assets for a cleaner, more affordable and reliable grid.
California investor owned utilities are already demonstrating their leadership toward achieving SB 100 goals with storage. Southern California Edison (SCE) 2018 Integrated Resource Plan (IRP) to the California Public Utilities Commission highlighted the significant role energy storage will play in achieving the state’s 2030 electric sector greenhouse gas (GHG) emission reduction goals. SCE models showed that in order to reduce its electric sector GHG emissions to 28 MMT by 2030, California load serving entities would need to procure an additional 9,604 MW of energy storage.
California is the most important energy storage market out there. No other organization is on the ground in California with a single-minded commitment to promoting the interests of its energy storage members.