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Study: public or hybrid financing could cut transmission costs by up to half
Summary
A Clean Air Task Force analysis presented to the Senate committee found that shifting eligible transmission projects to public ownership or lease‑style public–private partnerships could cut capital costs substantially, with potential savings in the tens of billions over decades.
Ashley Arex of the Clean Air Task Force presented a multi‑partner analysis assessing alternative financing and ownership models for transmission build‑out California will need to reach long‑term decarbonization and reliability goals.
The study used CAISO’s 20‑year transmission outlook as the investment baseline. CAISO estimated $45–$63 billion of new transmission development will be needed; the CATF analysis found roughly $39–$54 billion of that portfolio could be eligible for competitive solicitation and thus for alternative financing…
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