California Governor Proposes $5B ‘Reliability Reserve’
CAISO, CPUC, CEC Warn of Possible Summer Shortfalls
Gov. Gavin Newsom briefed reporters on his budget plan Friday. | California Governor's Office
May 17, 2022
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California Gov. Gavin Newsom proposed adding $5 billion to his FY 2022-23 budget plan to secure 5,000 MW for grid reliability this summer and in coming years.