Marty Adams, General Manager of LADWP, discusses the scale of utility capital spending and its potential impact on local job creation in Los Angeles.
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“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.”
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More from Marty Adams
Insight
Adams: Batteries cannot sustain multi-day grid reliability without dispatchable generators
“Well, you can have enough batteries if you have enough land to do a day or so, but it's the recharging of the batteries the next day that gets you in trouble. That's the same thing the state experienced during the last heat waves the last summer. They said we …”
Marty AdamsMar 28, 2023▶ 9:58Live: The most ambitious city energy transition in America
Disclosure
Adams: LADWP plans to convert all in-basin generating stations to green hydrogen
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Marty AdamsMar 28, 2023▶ 10:30Live: The most ambitious city energy transition in America
Opinion
Adams: Paying retail rates for rooftop solar subsidizes owners at others' expense
“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…”
Marty AdamsMar 28, 2023▶ 17:33Live: The most ambitious city energy transition in America
Disclosure
Adams: LADWP to transition Intermountain Power Project to 100% green hydrogen
“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…”
Marty AdamsMar 28, 2023▶ 8:17Live: The most ambitious city energy transition in America
AssertionSupported
Adams: LA's clean energy transition will cost between $60B and $80B
“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.”
Marty AdamsMar 28, 2023▶ 18:56Live: The most ambitious city energy transition in America
AssertionSupported
Adams: NREL studies prove LADWP can reach 100% clean energy by 2035
“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.”
Marty AdamsMar 28, 2023▶ 4:42Live: The most ambitious city energy transition in America
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