Innovation & Investment in Energy
LS Power Grid California’s transmission facilities provide stability and reliability within California.
This allows for increased electricity import and export capacity and allows for greater development of renewable energy.
Our transmission facilities increase the transfer capabilities within California enabling grid operators to serve customers more reliably.
LS Power Grid California’s facilities improve the ability of CAISO grid operators to economically optimize the flow of electricity from regions with lower cost resources to regions with higher cost resources ultimately lowering the costs paid by the consumers.
Facilitating Renewable Energy
During periods of high renewable resource output and low customer usage, our facilities improve CAISO’s ability to send excess low-cost renewable energy to other regions. As renewable resource output exceeds customer usage, our facilities improve the ability of CAISO to export renewable energy to other states reducing inefficient curtailments.
Competition is Our Difference
Competition for new transmission development brings significant value to electricity consumers and the regions they live in. Our company was selected through a competitive bidding process pursuant to FERC Order No. 1000 to Develop various California transmission facilities. Because of this competitive process, CAISO will receive a cost-effective, innovative solution that answers unique challenges — such as the need to transfer energy across multiple bodies of water and implement wildfire preventative design conditions.
How the CAISO Electric Market Works
In CAISO, generation companies and some businesses and homeowners turn energy resources into electricity for public consumption. This energy is sold on an open market where retail electric providers then purchase and sell the electricity to consumers and businesses.
Electric transmission utilities, like LS Power Grid California, operate and maintain high-voltage transmission facilities that deliver bulk electricity to distribution utilities. In turn, the distribution utilities deliver the electricity directly to residents and businesses, through their lower voltage distribution systems.
Distribution is the process by which electricity ultimately gets to your home or business. After being delivered in bulk from generators using the high-voltage transmission lines, which companies like LS Power Grid California own and operate, electricity is then distributed through the poles and wires you see in your neighborhood and sold to individuals and businesses by a retail electric provider.