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LS Power Launches $2B Transmission Project in San Jose
LS Power Grid California recently broke ground on the Power Santa Clara Valley and Power the South Bay projects and held ceremonies Wednesday in San José and Fremont to mark the start of construction. The company said its $2-billion investment in three transmission projects in the Bay Area will strengthen grid reliability, support economic development and expand access to efficient energy resources across Alameda and Santa Clara counties.
The Power the Bay projects will be capable of transmitting 1,000 megawatts (MW) of electricity, the equivalent of serving approximately 750,000 homes, according to LS Power Grid California. It will generate more than $650 million in local and state tax revenue, and will create around 300 union jobs during construction.
LS Power SVP of development Casey Carroll said, “These projects use some of the most advanced grid technologies available, designed to meet California’s reliability needs today and into the future. We appreciate the collaboration from local and state authorities in reaching this milestone.”
- ◦Development
