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PG&E Plans to Add a Lot of Batteries to California's Grid

  • Utility has agreements for 1,600 megawatts of energy storage
  • New storage would help replace retiring nuclear plant
Corrected

PG&E Corp. said it has reached agreements to install nine new battery energy storage projects as part a push to replace a retiring nuclear power plant and help decarbonize California’s power grid.

The proposed projects would have a total capacity of about 1,600 megawatts, which would bring its total battery energy storage capacity to more than 3,300 megawatts by 2024, PG&E said in a statement Monday after the close of regular trading. The new supply agreements are with storage developers including subsidiaries of NextEra Energy Inc., Vistra Corp. and Terra-Gen LLC