California Approves Purchase of 3.3 Gigawatts of New Resources to Avoid Impending Power Capacity Shortfall

The California Public Utilities Commission voted to authorize the procurement of 3.3 gigawatts of new, non-emitting electricity resources by 2023 to forestall potential resource adequacy shortages starting in 2021, according to a Nov. 7 news release. The order also seeks to keep some natural-gas-fired power plants open past their current 2020 closure dates by recommending…