Tag Archive for: Water Storage

How Much Is Water Worth? Why A Billionaire-Owned Stake In A California Water Bank Could Be Worth More Than $1 Billion

How much is access to water worth? In this episode, we aim to answer that question by looking at the Kern Water Bank, one of California’s largest underground water storage facilities. From above, it looks a lot like a giant puddle. But underneath it has the capacity to hold the equivalent of roughly 500 of New York City’s Central Park Reservoirs. And, as one expert says, it’s the “absolute jewel” of California water banking.

Congress Approves $80 Million for Sites Reservoir

Congress approved a government funding bill last week that threw $80 million at the Sites Reservoir in California in order to keep the project on track.

The project is meant to hold 1.5 million acre-feet of water for the state to be used during droughts for agriculture, community usage and environmental need, said a press release issued Tuesday by the organization behind the Sites Reservoir.

California Will Consider Mandatory Water Restrictions if Dryness Continues This Winter

With California’s extreme drought persisting and reservoirs declining to new lows, state officials said they will consider imposing mandatory water restrictions if dryness continues this winter. Gov. Gavin Newsom called on Californians in July to voluntarily reduce water use by 15%, saying state water regulators would track progress toward that target and decide whether additional measures would be necessary.

Biden’s Interior Secretary Backs West Side Reservoir, More California Water Storage

Interior Secretary Deb Haaland talked about dealing with drought, including a reservoir planned near Patterson, in a Zoom call with reporters Wednesday.

She was joined by Rep. Josh Harder, D-Turlock, who has urged increased federal spending on such efforts.

Hopes That Dry Year Will Prompt Action on Water Management and Storage

There is hope that the unfortunate conditions of California’s water supply this year will prompt decisive action on water management and storage. President and CEO of Western Growers, Dave Puglia noted that his conversations with growers have been disheartening. There is significant concern that if California gets another dry year, many farmers will not be able to recover. The dire circumstances of the current water year underscore the imperative need for an updated approach to water management.

California Moves Slowly on Water Projects Amid Drought

In 2014, in the middle of a severe drought that would test California’s complex water storage system like never before, voters told the state to borrow $7.5 billion and use part of it to build projects to stockpile more water.

Seven years later, that drought has come and gone, replaced by an even hotter and drier one that is draining the state’s reservoirs at an alarming rate. But none of the more than half-dozen water storage projects scheduled to receive that money have been built.

Curtailment Orders For Russian River In The Works As Lake Mendocino Storage Drops

State regulators will suspend water rights for diverters in the upper and lower Russian River in a desperate, unprecedented effort to preserve a minimal amount of storage in Lake Mendocino, which is falling by as much as 58 million gallons a day. The rapidly falling lake levels were on course to cross a threshold that would trigger curtailment orders in the upper river under emergency regulations approved in June. The drought conditions are so dire that staff at the State Water Resources Control Board decided issue emergency orders for the rest of the watershed at the same time.

Opinion: California Isn’t Running Out of Water; it’s Running Out of Cheap Water

A California water myth which becomes especially pernicious in droughts is that California is “running out of water” (Hanak et al. 2009). Viewing California’s supply and demand pressures in terms of fixed water requirements perpetuates this myth and invariably places undue attention on building additional supply infrastructure. Instead, managing water as a scarce resource suggests a balanced portfolio of water trading, investments in conveyance, smart groundwater replenishment, and demand management. With such a balanced portfolio, 1) California’s water supply situation is not broadly dire, and 2) California’s vast and interconnected water infrastructure and groundwater resources can minimize most problems from the state’s highly variable climate.

Drought-Stricken Western Districts Plan New Ways to Store Water

Driving through the Sacramento valley an hour north of California’s capital, most travelers notice nothing but a few cows grazing on grass scorched brown by the heat. But Jerry Brown, the executive director of the Sites Reservoir Project, sees the future of California’s water system.

As Drought Ravages California, Biden’s Infrastructure Bill Could Help Store More Water

As California and the West suffer through an epic drought, President Joe Biden and Senate Republicans and Democrats have included $5 billion for Western water projects in their infrastructure deal.

The prospect of federal money comes as several big-ticket water projects are on the drawing boards in California — although many are still years from completion and probably wouldn’t get finished in time to help California with the current drought.