Assembly Bill 525 would require state regulators to set a planning target of at least 10 gigawatts of offshore wind production by 2040, with a short-term goal of 3 GW by 2030. To set the plan in motion, AB 525 also directs state agencies to begin securing necessary federal permits and planning for port upgrades and other infrastructure projects.
According to a recent study by various California regulators, by 2045 the state will need to be able to produce and store at least 140 GW of new renewable energy. It also estimates offshore wind could produce a maximum of 112 GW annually.
Meanwhile data from the U.S. Energy Information Administration pegs California’s 2018 total energy consumption as second highest in the nation, but fourth lowest per capita due to its climate and energy efficiency programs.Read More