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California secured a $1B green energy investment and a climate innovation pact with the UK during Gov. Newsom’s trip, aiming to boost clean tech and grid stability.
California Governor Gavin Newsom’s European trip focused on climate and economic ties, culminating in a non-binding UK partnership on climate innovation and a $1 billion Octopus Energy investment in California’s green sector.
The funding supports carbon removal, heat batteries, and demand-response programs that pay residents to reduce energy use during peak times via smart device controls.
While officials highlight grid stability and affordability benefits, critics question the effectiveness of voluntary measures amid ongoing energy reliability challenges tied to California’s 2045 renewable transition.
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California aseguró una inversión de energía verde de $ 1B y un pacto de innovación climática con el Reino Unido durante Gov. El viaje de Newsom tiene como objetivo impulsar la tecnología limpia y la estabilidad de la red.