California Dreaming: 5,000MW of Applications for 74MW of Energy Storage at PG&E
A massive number of bids are submitted in a utility procurement assessing the value of energy storage.
California’s 1.3-gigawatt energy storage mandate is bringing a lot of would-be grid battery project developers out of the woodwork. But there won’t be nearly enough room for everyone who wants a piece of this market.
The latest proof of this comes from Pacific Gas & Electric, the Northern California utility that’s seeking about 74 megawatts of storage projects to meet its 2016 procurement target under state law AB 2514. Last week, PG&E quietly let slip that it had winnowed down an initial queue of more than 5,000 megawatts’ worth of applications to come up with a short list of finalists.