Policy-makers and senior executives gather to discuss California’s power problems post SONGS and assess:
- Opportunities for new gas-power generation developments
- Impacts of renewable energy, distributed generation and net metering on California’s energy future
- Opportunities in the $3 billion California energy storage market
- Strategies for realizing the full benefits of demand response
- Transmission developments opportunities to connect new generation to California
- Finance and investment opportunities in the California energy market
The closure of SONGS and prospective elimination of many older oncethrough cooling plants is triggering more gas-power plant developments. But the California energy market is very dynamic: a 1.3 GW/$3B energy storage procurement is opening and a battle is brewing over net energy metering and retail rates that could significantly affect distributed generation and thermal generation project economics. California is once again, the land of opportunity for energy companies of every stripe.
With demand levels again reaching 2007 levels in California and resource adequacy coming into question, opportunities are opening up for construction of new thermal generation, the first large-scale procurement of energy storage in the US, the continued expansion of distributed generation and demand response, and a reexamination of transmission needs. How do you identify the strengths, weaknesses, opportunities and threats in the California market? Only those organizations that understand the complex, confusing and constantly changing California energy market will be able to seize the opportunities to profit.
California Energy Summit 2013 will provide the latest information on the strengths, weaknesses, opportunities and threats in California and bring policy-makers together with utility, IPP, energy storage and demand response executives to explore the potential opportunities to solve energy problems. They will explore the impacts of new energy storage procurement on generation and transmission needs, the potential opportunities for the construction of power assets, and how the revision of net energy metering and retail rate regulation can drastically affect the economics of solar power and utility generation in the state. Finally, financiers will provide their perspectives on investment in and financeability of projects in the California market.