California has set some of the most ambitious targets for renewable energy build out in the world. As the state moves swiftly to meet these goals, the fate of existing power generation assets becomes an important question.
Senate Bill 1020 mandates that California achieve 90% of its retail electricity load from zero-emission sources by 2035, setting in motion a significant reduction in the state’s current natural gas fleet of just below 40 GW capacity.
The phase-out of California’s natural gas fleet will impact the profitability of utilities and the owners of generating units. In this presentation we will look at how to determine risk levels and economic viability for California’s existing generation infrastructure. Our modeling will examine which plants are at high risk, and provide a facility-level risk index taking into account unit economics, plant age, and more. Join us for this insightful webinar on the future of the CA power sector.
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