California requiring 100% clean energy by 2045 will cost about $350+ billion in energy storage

California has approved legislation requiring 100% clean energy by 2045.

On Tuesday, the Assembly voted 43-32 in favor of the bill, which had been introduced by Sen. Kevin de León. Senate Bill 100 will now return to the state Senate, where it is expected to pass.

The bill will require that utilities providers generate 60% of their power from renewable sources by 2030. It was already required to be 50% renewable sources by 2030.

Californian’s pay an average of 15.23 cents per kilowatt of power while the U.S. average is 10.27 cents per kilowatt.

Toyota and Jacobs Engineering Group are amount thousands of companies that are leaving California.Toyota left Torrance and will move US headquarters to Dallas. There are some reports that over the last two decades thousands of businesses have left California.

More people have been leaving California for other states than have been moving to California. According to data from the American Community Survey, from 2007 to 2016, about 5 million people moved to California from other states, while about 6 million left California. On net, the state lost 1 million residents to domestic migration—about 2.5% of its total population.

In California, both wind and solar generation are about ten times less in the lowest months versus the top three months.

If California reaches the 80% mark for renewables there will be massive amounts of surplus generation during the summer months and would need 9.6 million megawatt-hours of energy storage. Achieving 100% would require 36.3 million.

California should reach on 50% of its electricity from clean sources by 2020 and could pass a bill to legally require 100% by 2045. In January, they voted to close a nuclear plant which is a carbon-free source that provides 24% of the state electricity.

The amount and cost of the storage will go over $350+ billion because of the wide variation in solar and wind power generation.

The two 1.1 GW AP1000 reactors are coming in over budget at about $20 billion for both. Twelve pairs of AP1000 reactors would cost $240 billion even with bad cost overruns and generate over 200 TWh that California needs in electricity.

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