Capacity Storage Agreement

Community Choice Utilities Providers, active in a handful of U.S. states, are non-profit companies that allow customers to choose where their energy comes from and from what sources, while still being able to rely on the infrastructure of large investors to transmit and distribute that energy. Last year, the groups were active in signing clean solar PV contracts, combined with batteries that make electricity capable of being shipped and reliable, nowhere more than in California. SAN FRANCISCO— (BUSINESS WIRE) – Pacific Gas and Electric Company (PG&E) has sought approval for five energy storage projects totaling 423 megawatts (MW) in a filing with the California Public Utilities Commission (CPUC). “The real economic value of storage depends on how different forms of capacity substitution value are monetized and recorded and shared by different actors, including storage owners, owners of variable renewable energy facilities, owners of thermal installations, grid operators and electricity consumers,” the authors note. The IESO`s 2016 Energy Storage Technical Report focuses on the reliability requirements of Ontario`s energy system and the potential of energy storage technologies to meet these needs. NextEra Resources, which recently announced that it could develop up to 2,700 MW of battery storage in California by 2024, will complete the more than 20 MW/60 MWh Crow Creek Energy Centre solar storage project for CleanPowerSF. The agreements for the projects are the result of a tender launched by PG&E in February following a November 2019 CPUC decision that identifies potential reliability issues from 2021 onwards. . .

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