Cal. Pub. Resources Code § 94530

Current through 2024 Legislative Session

Section 94530 - Designated amount for grants or loans to support the Long-Duration Energy Storage Program

Of the funds made available by Section 94500, fifty million dollars ($50,000,000) shall be available, upon appropriation by the Legislature, to the State Energy Resources Conservation and Development Commission for grants or loans to support the Long-Duration Energy Storage Program. Eligible uses may also include zero-emissions distributed energy backup assets, virtual power plants, and demand side grid support.

Ca. Pub. Res. Code § 94530

Added by Stats 2024 ch 83 (SB 867),s 2, eff. 11/6/2024 upon the approval by the voters of the Safe Drinkiing Water, Wildfire Prevention, Drought Preparedness, and Clean Air Bond Act of 2024 (Approved in Proposition 4 at the November 5, 2024, election.).