California Legislature approves plan allowing the state to buy power
September 14, 2023
The California Legislature voted Thursday to give Democratic Gov. Gavin Newsom’s administration permission to buy massive amounts of electricity, a move aimed at avoiding blackouts by shoring up the state’s power supply while jumpstarting the West Coast’s fledgling offshore wind industry.
Five companies paid roughly $750 million last year to lease areas off the California coast to build wind turbines. Collectively, those projects could generate enough electricity to power 3.5 million homes, helping the state avoid blackouts during extreme heat waves that have routinely strained the electrical grid of the nation’s most populous state.