LADWP

“Because we're not going to do this by ourselves, and I doubt we're going to do it with the technologies that we know currently alone. We're going to have to have some new technologies that come of age and are ready to be part of the future”

“We still pay a retail rate for energy that people produce off the roof going back in the grid. So that means that some people are able to reduce their energy bill, but they're still taking advantage of the infrastructure. As the people who own solar on the roo…”

“Our peak day was a little over 6200 megawatts. At, On that day, we're burning 5000 megawatts, so that 6200 was a fossil fuel”

“We're contracting, I'll tell you right now, we're contracting over a billion dollars a year in capital on water, another billion dollars of capital, probably 1,000,000,002 on capital on power.”

“Then we also have a feed-in tariff program about a 450 megawatt feed-in tariff program. It's the biggest one in the country. We're going to increase it, but we're still working on getting subscription in there. We're not quite at 200 megawatts.”

“Somebody could say it's an aspirational challenge, and it's not. I mean, it's something that we actually know through our studies with NREL. It's possible.”

“We currently have, About 1700 megawatts or so of out of basin solar capacity and about 1300 plus megawatts of wind capacity.”

“We need about 5700 megawatts of wind. A part of solar and about 4300 megawatts of wind. So that's a lot, but you know, there's a, what a 3000 megawatt increase on wind and a 4000 megawatt increase on solar that we need to build ideally by 20, 35.”

“So if you've seen the LA 100 studies, you've seen it's got a 60 to eighty billion dollar price tag, which over time is not unreasonable.”

“Yeah, we're a little over 40% now on, on average. You know, there are days that we're probably in the high seventies percents, and days in the summer we're in the teens. So on average, 40, 45, 46%.”

“But our plan now is to move all those generating stations into green hydrogen, so we can have dispatchable power locally, but it burns clean.”

“One of the interesting things about the NREL study that Stephen referenced was that in that study, it did say that we actually had to have a certain amount of in-basin generation So we know we need a lot of storage for energy. We need a lot of solar, a lot of …”

“Right now we have about 3400 megawatts of in-basin energy generation. Those are for gas plants.”

“That plan now is to transition that gas plant from an initial blend of gas and about 30% green hydrogen. That's green hydrogen created by electrolysis and stored locally. Using those local water source, excess renewables, and there's ability to store it in sal…”