Heatwave leaves California power market reeling
- Aug 25, 2020 5:33 pm GMT
From the full article published in Power Magazine on August 20, 2020
Recent thermal and nuclear plant retirements in California have had an impact
According to data compiled by Hitachi ABB Power Grids’ Velocity Suite research team, there have been more than 13.6 GW of gas-fueled capacity retired since 2013 in California – 67.8% (9.1 GW) in just the past five years. In 2013, the huge 2.3 GW San Onofre Nuclear Plant shuttered, adding to the rapid reduction of dispatchable generation resources in California. Between now and the end of 2025, there are 4.6 GW and 2.3 GW of natural gas and nuclear capacity scheduled for retirement across the state, respectively.