Clean Energy Procurement Agreement to Benefit Offshore Wind

Procurement is seen as essential to the future offshore wind in California as well other capital-intensive projects with long lead-times.

Governor Gavin Newsom and the legislature announced an agreement to advance AB 1373, which would authorize the state Department of Water Resources (DWR) to serve as a central procurement entity to procure “diverse, clean” energy resources until 2035. The plan looks to benefit capital-intensive projects with long lead-times such as offshore wind, geother…