LACI’S PUBLIC-PRIVATE CLEAN ENERGY PARTNERSHIP RELEASES CLEAN ENERGY 2028 ROADMAP TO ACCELERATE REDUCTION OF GHGs BY 15% ACROSS GREATER LOS ANGELES BY 2028 OLYMPICS
Roadmap Sets Targets for Creating a Virtual Power Plant, Installing Heat Pumps, Vehicle to Grid Charging, Green Jobs, Equitable Access to Solar, and Other Targets to Advance Building Electrification, Clean Distributed Generation, Energy-Transportation Nexus, and Grid Efficiency and Resiliency
Partnership Leadership Group Includes the California Energy Commission, Office of Mayor Karen Bass, Southern California Edison, LA Department of Water and Power, Los Angeles County, Clean Power Alliance, and California Independent System Operator (ISO)
Los Angeles, CA, October 25, 2023 – Today, the Los Angeles Cleantech Incubator’s Clean Energy Partnership (Partnership) released the Clean Energy 2028 Roadmap (Roadmap) to accelerate the reduction of greenhouse gas (GHG) emissions in the Greater Los Angeles region by an additional 15% across the electricity, building, and transportation sectors by the time Los Angeles welcomes the world for the 2028 Olympic and Paralympic Games.
During a launch event at the La Kretz Innovation Campus, LACI CEO Matt Petersen, LA City Council President Paul Krekorian, and fellow Partnership leaders cited the importance of the Roadmap’s ambitious targets for Greater LA in further reducing greenhouse gas emissions and air pollution, achieving 100% clean energy, and ensuring equitable access to clean energy solutions across the region. The Roadmap targets include creating a Virtual Power Plant and accelerating deployment of distributed energy resources, such as heat pumps, solar and storage systems, battery integrated electric vehicle charging stations, community solar, and other solutions, all of which are eligible for Inflation Reduction Act incentives.
To better spur innovation, advance equity, and accelerate implementation, the Roadmap lays out three solutions-oriented pathways along with recommended policies, pilots, and other initiatives to achieve the targets: 1) electrification of buildings; 2) meeting new building and transportation electric load with clean distributed generation and energy-transportation nexus technologies; and 3) bolstering grid resiliency while improving affordability, equity, jobs, and health risks.
“LACI’s Clean Energy Partnership establishes potential pathways to reduce our carbon emissions and improve the lives of Angelenos,” said Mayor Karen Bass. “I applaud this partnership’s goals to ensure reliable, clean, and affordable energy powers our city. I encourage others in the region to engage in this vital Clean Energy Partnership to work together with government leaders, utilities, state regulators, energy solutions providers and other stakeholders to create a lasting impact.”
“As the City moves toward 100% clean energy, we need solutions to help advance the transition while boosting affordability and reliability,” said Paul Krekorian, LA City Council President (CD2). “Through this roadmap, the Clean Energy Partnership has set forth actionable targets and goals to accelerate progress toward a clean energy future for the people of Los Angeles. I am proud to support LACI and this effort.”
“To accelerate the electrification of Greater LA’s buildings and transportation while ensuring grid resilience and equity, we need unparalleled regional collaboration and innovation,” said Matt Petersen, LACI CEO and co-chair of the Clean Energy Partnership. “Thanks to the political will demonstrated by the Partnership and the bold Roadmap targets we set together, we can advance initiatives like creating a Virtual Power Plant to better improve our air quality and health while creating good paying green jobs that will uplift individuals and economy by the time the world arrives in Los Angeles for the 2028 Olympic and Paralympic Games.”
“California is a leader in climate action that inspires the rest of the nation and the world to follow suit,” said David Hochschild, chair of the California Energy Commission and co-chair of the Clean Energy Partnership. “To continue to lead on climate action and improve public health, we need to tackle the emissions from our buildings and while continuing to decarbonize the grid. These shared commitments to action and the goals to decarbonize our buildings and grid are why I am proud to co-chair the Clean Energy Partnership.”
“As California moves at an impressive pace toward its clean energy goals, CAISO is pleased to support the Clean Energy Partnership as it will drive the innovation that is needed to build a more resilient grid,” said Mary Leslie, chair of Board of Governors, California Independent System Operator (CAISO). “For the state to continue to transform its grid to zero-carbon, a diverse set of clean energy solutions are needed, including smaller energy resources that make regions like Los Angeles more resilient in the face of escalating climate and extreme weather risks.”
“Southern California Edison has been a longstanding partner and supporter of LACI and its mission to create an inclusive green economy. We share the vision of a clean energy future that benefits all Californians, especially those who are most impacted by climate change and pollution,” said Steven Powell, president and CEO of SCE. “We look forward to collaborating with LACI and the other members of the Clean Energy Partnership to make this vision a reality while ensuring the grid is reliable, resilient and ready to provide the energy for what’s ahead.”
The Partnership has identified three calls to action for the region for the initial implementation of the Roadmap. These include:
- Accelerating the electrification of buildings by reducing an additional 29% of GHG emissions in buildings in LA County by 2028;
- Deploying 1298 MW of clean, responsive distributed generation to power the electrification of our homes and transportation, including developing a virtual power plant that provides needed increased, responsive distributive energy by the time of the Olympic Opening Ceremonies in 2028; and
- Developing a smart, modernized local distribution grid to increase community resiliency and enable innovative clean technologies.
Through these efforts, the Partnership also aims to minimize power outages—particularly for those most at risk—increase energy affordability, and increase equitable access to clean technologies and jobs.
The full Roadmap, complete with the Clean Energy Partnership’s recommended goals, targets, and key takeaways can be found here.
ABOUT LACI:
The Los Angeles Cleantech Incubator (LACI) is creating an inclusive green economy by unlocking innovation through scaling cleantech startups, transforming markets through catalytic partnerships with policymakers, innovators, and market leaders in transportation, energy, and sustainable cities, like the Transportation Electrification Partnership, and enhancing communities through green jobs workforce training, pilots and other programs. Founded as an economic development initiative by the City of Los Angeles and its Department of Water & Power (LADWP) in 2011, LACI is recognized as one of the top 10 innovative business incubators in the world by UBI. LACI has helped 375 portfolio companies raise over $1 billion in funding, generated $335 million in revenue, and created 2,626 jobs throughout the Los Angeles region, with a long term economic impact of more than $587 million.
ABOUT THE LACI CLEAN ENERGY PARTNERSHIP:
LACI launched the Clean Energy Partnership to accelerate the move to 100% clean energy while meeting the needs of transportation electrification, building decarbonization, and grid resiliency in the Greater Los Angeles Region by the time of the 2028 Olympic and Paralympic Games. The Partnership is Co-chaired by LACI CEO Matt Petersen and California Energy Commission Chair David Hochschild. Members include Los Angeles City Mayor’s Office of Sustainability, LA Department of Water and Power (LADWP), LA County’s Sustainability Office, Southern California Edison (SCE), Clean Power Alliance, California Independent System Operator (CAISO), Sunrun, Swell Energy, and Wells Fargo.
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