The Ledger
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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.”
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.”
Adams: LA requires 2,500 to 3,000 MW of in-basin dispatchable generation
“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 …”
Adams: Fossil fuels met 5,000 MW of LADWP's 6,200 MW peak demand
“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”
Adams: LADWP contracts $1B in water and $1.2B in power annually
“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.”
Adams: LADWP runs the nation's largest feed-in tariff program at 450MW
“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.”
Adams: LADWP has 1,700 MW solar and 1,300 MW wind out-of-basin
“We currently have, About 1700 megawatts or so of out of basin solar capacity and about 1300 plus megawatts of wind capacity.”