ESPRESSO (CAISO-1912) — Project Summary

Queue ID
CAISO-1912
Capacity
365.12 MW
Technology
Battery
Status
active
Location
Alameda, CA
Region
CAISO
Developer
IA Status
IA Executed

ESPRESSO

CAISO-1912BetaActiveBatteryCAISOLBNL + Live

365.12 MW storage in Alameda, CA · In queue since April 2021 · Proposed COD August 2031

BA: CISOISO/RTO: CAISONERC: WECCRC: RCW

365.12 MW

Capacity

1

Components

Battery

5y 1m

In Queue

IA Executed

IA Phase

Signed Feb 2025

Interconnection

Queue → IA

3y 10m

IA → COD

6y 6m

Total Duration

3y 10m

Study Phase

C14

Construction75%
Queue EntryApr 15, 2021

Interconnection request submitted to ISO/RTO

Cluster Study (Phase I/II)

CAISO uses cluster studies where projects are batched annually and studied together.

Typical: 36–48 months (IR to IA)

Interconnection AgreementFeb 13, 2025

Interconnection agreement executed — binding commitment to build

Typical: 30–60 days (negotiation)

ConstructionCurrent

Project under construction

Typical: 6–18 months

Commercial Operation

Proposed COD: 2031-08-18

About

The ESPRESSO (FKA KOLA 2) project is a proposed 365.12 MW battery storage project located in Alameda County, California. The project is being developed within the California Independent System Operator (CAISO) region and interconnected with Pacific Gas and Electric (PGAE). It entered the CAISO interconnection queue as queue ID CAISO-1912 on April 15, 2021, and has a proposed commercial operation date of August 18, 2031. The project's interconnection agreement (IA) has been executed.

The development project consists solely of battery storage, with a total capacity of 365.12 MW. The point of interconnection (POI) is the Tesla 230 kV substation.

Generated from interconnection queue and public data sources

Development Risk

Realization risk from now to commercial operation — financing close, EPC and tax-equity counterparty mix, and COD probability vs the proposed date. The diligence view that determines whether the deal actually closes. Powered by InfraSure's development-stage modeling stack.

Available on the InfraSure platform

See the full development-risk decomposition for this project.

P(COD by stated date)
Financing close probability
EPC + tax-equity counterparty
Project Details

State

CA

County

Alameda

Grid Region

CAISO (California)

Market

ISO/RTO Member

Developer

Utility

PGAE

Entity

CAISO

Service Type

NRIS

Point of Interconnection

Tesla 230 kV

Data Source

LBNL + Live

Risk Analytics

Composite operating-phase risk view — what this asset's risk profile will look like once it commissions. Climate hazards across its operating life, expected generation variability, and offtake counterparty exposure, decomposed into a single decision-grade score. Powered by InfraRisk.

Available on the InfraSure platform

See the full risk decomposition + scenarios for this project.

Climate hazards (8+)
Generation variability (P10/P50/P90)
Offtake + transmission counterparty
Generation Forecast

Forward generation outlook — first-year production estimate and 10-year P50 trajectory, with probabilistic ranges (P10/P50/P90) across weather, demand, and policy scenarios. Powered by InfraSure's generation modeling stack.

Available on the InfraSure platform

See the full forecast + scenario decomposition for this project.

10-year P50 forecast
First-year output estimate
Weather + policy scenarios
Financial Forecast

Forward revenue, DSCR projection, and financing-close risk — conditioned on commercial operation. First-year DSCR, 10-year cashflow, and counterparty exposure across price and policy scenarios. Powered by InfraSure's asset cashflow stack.

Available on the InfraSure platform

See the full revenue + DSCR projection for this project.

10-year revenue projection
First-year DSCR
Financing close risk
Market Context
Approximate
ISO / RTO
CAISO
Trading Hub
TH_NP15_GEN-APND
Hub Confidence
MEDIUM
Nearest Node (Estimated)
TESLA_1_B1
POI Substation
Tesla Substation

This project's market context is estimated from its Point of Interconnection. Hub and node assignments are approximate and based on geographic inference from the POI substation name.

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Forward forecasts, scenario decomposition, and risk-decision tooling for this queue project.