by Mark Chediak, Bloomberg
PG&E Corp. plans to replace three natural gas-fired power plants in California with battery-storage systems as the state continues its push to squeeze fossil fuels out of the electricity mix.
The California Public Utilities Commission approved Thursday four PG&E energy-storage contracts to support Northern California’s electric grid, including a project by Tesla Inc. The commission in January ordered the state’s biggest utility to find a way to replace the power it gets from three Calpine Corp. gas plants that are at risk of retirement, and to consider battery systems.
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