The Sacramento Municipal Utility District (SMUD) has approved a 2013 budget that includes a plan to purchase property for a new location for the North City Substation and to overhaul a combustion-turbine at the 500-MW Cosumnes power plant.
Cosumnes is SMUD’s largest electric generating facility. The gas-fired power plant is located in southern Sacramento County.
SMUD’s board of directors approved a $1.35bn budget on Dec. 6. The 2013 budget is designed to keep SMUD positioned as a leader in the utility sector without any new rate increases next year, SMUD said in a news release.
SMUD is also continuing research into compressed-air energy storage and a 25-MW system of modular, natural gas-fired reciprocating engines for a pilot project to help manage the variability of wind and solar power to meet SMUD’s Integrated Resource Plan goals.
In May 2012, SMUD commissioned the 128-MW third phase of the Solano wind project. SMUD now has a total of 230 MW of capacity on the Solano property, according to a news release.
Serving a population of 1.4 million people, SMUD is the nation’s sixth-largest electric utility that’s owned by its customers.