Valuation of Investments in Electricity Sector Resilience
California Energy Commission is funding research to develop valuation methods for grid-resilience investments—quantifying economic and public-health benefits from microgrids, distributed generation, and energy storage in the context of climate disruptions and power shutoffs. The work analyzes real weather events and PSPS outages to establish how state and local governments can measure resilience value, with explicit focus on distributional equity across disadvantaged and vulnerable communities. This addresses California's need to monetize resilience benefits for infrastructure investment decisions.
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AI overview
This grant funding opportunity supports the development of methods for valuation of societal benefits related to customer and grid-resilience investments. The research initiative focuses on quantifying economic, public health, and other societal benefits associated with infrastructure investments such as microgrids, distributed generation, and energy storage systems.
The research will include analyses of recent historical weather-related events and other disruption scenarios (including Public Safety Power Shutoff (PSPS) events) that have caused power outages, providing a foundation for understanding the types of impacts that could be valued in the context of climate resilience by state and local governments. A key component involves evaluating the distribution of these events among ratepayers with particular attention to equity concerns and impacts on Disadvantaged Vulnerable Communities (DVCs) as defined by the California Public Utilities Commission in the climate-vulnerability context.
Key Dates: A Pre-Application Workshop was held on November 17, 2022 from 10:00 AM to 12:00 PM (Remote Access Only). Questions regarding the solicitation had a deadline of November 30, 2022 at 5:00 PM. The submission deadline for proposals was January 31, 2023 at 11:59 PM. The solicitation was awarded on June 20, 2023.
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Proposal Document
View proposal documentSolicitation number
GFO-22-302
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