SUGAR LAND, TX — (Marketwired) — 10/23/13 — Researched by Industrial Info Resources (Sugar Land, Texas) — The California Public Utilities Commission (CPUC) has advanced bill AB 2514, which the California Legislature passed in 2010, by establishing an energy storage target of 1,325 megawatts for electricity generation companies Pacific Gas & Electric (PG&E), (NYSE:SCF-PD) and (NYSE:SDO-PH). AB 2514 requires utilities to increase the amount of energy storage to improve load peak leveling; improve the dispatchable operation of intermittent renewable generation; and provide better frequency regulation to the electrical grid.
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