Article 6M1V2 Calpine's California Battery Plant Is Among World's Largest

Calpine's California Battery Plant Is Among World's Largest

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Calpine's billion-dolllar Nova Power Bank near Los Angeles will be among the largest in the world when it comes online later this year. According to Reuters, the plant is built on the site of a failed gas-fired power plant and "will be able to power about 680,000 homes for up to four hours when charged." From the report: The 680-megawatt lithium-ion battery bank is big even for California, which boasts about 55% of the nation's power storage capacity, according to data from the U.S. Energy Information Administration. Calpine will bring online 620 MW of the bank in two phases this year starting in the summer and open the remaining 60 MW in 2025. [...] Calpine, best known in the state for its fleet of gas plants, has about 2,000 MW of battery capacity under development. California was a pioneer in mandating that its utilities begin procuring energy storage more than a decade ago. The state is expected to need about 50 gigawatts of battery storage to meet its 2045 goal of getting all of its power from carbon-free sources, up from about 7 GW today.

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