SMUD
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6 statements about SMUD, every show
Farooqi: SMUD achieved 97% TOU enrollment and 4-8% peak reduction
“They have 97% of the customers on their default TOU rate. Peak reduction of four to eight percent has occurred, which is very consistent with our database.”
Lau: Decarbonization requires breakthroughs in long-duration storage, hydrogen, and CCS
“We do need breakthrough technologies, you know, that would be critical. So that we're focusing on long duration storage, hydrogen as a replacement fuel in the power plants, and carbon capture and sequestration.”
Lau: SMUD offers $500–$2,500 incentives for virtual power plant battery enrollment
“Convince them to put batteries in and have them sign up for programs like Smite is doing right now, what we call the virtual power plant, that you offer them incentives to sign up if they have a batteries from, you know, some simply just say, hey, I am going t…”
California mandates 5M EVs by 2030, with SMUD targeting 300k vehicles
“California is mandated to basically put in about 5,000,005 million electric vehicles by 2030. And SMUD's contribution of that is about 300,000 vehicles.”
SMUD is investing $2B to cut 1M metric tons of carbon in transport and buildings
“We're also investing two billion dollars, you know, in the building and transportation sectors along with energy efficiencies and the low flexibility because that's really where a lot of the, you know, that, that's a much bigger impact. So our plan actually ca…”