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CA: California Energy Storage Plan May Require $3 Billion Investment
Renewable Energy World: Energy companies may invest as much as $3 billion on power-storage systems in California to facilitate wider use of renewable energy. Utilities owned by PG&E Corp., Sempra Energy and Edison International would be required to procure 1,325 megawatts of storage capacity by 2020 under a June 10 proposal from the California Public Utilities Commission.
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