Energy Storage News•about 1 month ago
Vistra cancels 600MW BESS proposed 150 miles from Moss Landing facility in California
Key Takeaway
The cancellation of a 600MW BESS project by a major IPP in California signals potential headwinds for large-scale storage development in CAISO, impacting future grid reliability and capacity market dynamics.
AI Summary
- •Vistra Energy has withdrawn its proposed 600MW Morro Bay Battery Energy Storage System (BESS) project in California, removing a significant planned capacity addition from the CAISO market.
- •This cancellation signals potential challenges for large-scale BESS development in California, which could include interconnection hurdles, permitting complexities, or economic viability concerns.
- •For developers, this highlights the risks and potential headwinds in bringing large BESS projects online in CAISO. For large power consumers, it means a reduction in anticipated future grid flexibility and capacity, potentially impacting long-term reliability and price stability.
- •The removal of 600MW of planned storage capacity will impact future capacity market dynamics and resource adequacy planning within CAISO, potentially increasing the need for alternative or accelerated resource development.
Topics
caisocapacity-marketinterconnectpolicystorage