Committee advances bill to expand eligibility for pumped‑storage hydro in central procurement
AB 2476 would remove an outdated pre‑2023 funding requirement and expand central procurement eligibility for pumped‑storage hydro projects (keeping a 500‑megawatt cap). Proponents said the change increases competition, reduces costs over long asset lives and supports grid reliability; the committee advanced the bill to Appropriations.
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AB 2476, presented by member Ellis, would update the central procurement framework created in AB 1373 (2023) to allow additional high‑quality pumped‑storage hydro projects to be eligible for central procurement consideration while preserving a 500‑megawatt cap and environmental protections.
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