PG&E Holds Ribbon Cutting to Usher in New Tesla Energy Storage System -Breaking
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© Reuters PG&E (PCG) Holds Ribbon Cutting to Usher in New Tesla (TSLA) Energy Storage SystemBy Michael Elkins
Electric vehicle pioneer Tesla (NASDAQ) and Pacific Gas and Electric, (NYSE:) celebrated Monday’s ribbon-cutting at the Moss Landing substation to officially introduce the Elkhorn battery, an innovative clean energy storage system. The Elkhorn Battery is an 182.5-megawatt Tesla Megapack energy storage system.
The system became fully operational in April, was designed, and is maintained by both PG&E and Tesla, and is owned and operated by PG&E. The battery can store and transmit up to 730 megawatt-hours to California’s electricity grid. It is capable of dispatching energy at an average rate of 182.5 megawatts, for as long as four hours in high demand times. That’s enough to power 225,000 homes.
“This is just the next step in bringing clean energy, and a bright and prosperous future for all Californians,” PG&E CEO Patti Poppe said at a ribbon-cutting ceremony Monday.
The Elkhorn Battery’s value lies in its ability to integrate affordable clean energy into California’s grid, which, in turn, enhances the reliability of statewide energy supply, PG&E spokesman Paul Doherty explained ahead of Monday’s ceremony.
“It’s a win-win-win,” Doherty said. “It’s more affordable energy, it’s cleaner energy, and it helps the state in meeting the needs of the grid, you know, especially in periods like the summertime peak demand when there’s potential shortages of energy.”
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