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U.S. Energy Department to Invest $120 Million in Research Center to Advance Next Generation Battery Technology

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation, asked the California Public Utilities Commission to approve four energy storage projects totaling about 567 megawatts, including three third-party owned projects, to meet local capacity requirements, according to a June 29 press release. In January, the commission authorized the utility to hold competitive solicitations for storage or preferred resources to address local area needs and ensure local reliability in areas previously served by Calpine Corporation’s gas-fired plants. The commission expects the new portfolio to avoid the need for “reliability must run” contracts that would be used to keep uneconomic gas plants operational. Pacific Gas and Electric will own a 182.5-megawatt project built by Tesla Inc. Dynegy Marketing and Trade LLC, a subsidiary of Dynegy Inc., Hummingbird Energy Storage LLC, and Micronoc Inc. will own the other three projects, with 300 megawatts, 75 megawatts, and 10 megawatts of capacity, respectively.

June 29, 2018
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