California Adopts Historic Energy Storage Targets -- BERKELEY, Calif., Oct. 17, 2013 /PRNewswire-USNewswire/ -- 2013 California Adopts Historic Energy Storage Targets

BERKELEY, Calif. , Oct. 17, 2013 /PRNewswire-USNewswire/ -- The California Public Utilities Commission (CPUC) today set a target for California investor owned utilities to procure 1.325 GW of cost effective energy storage by 2020. The target, which is the largest of its kind worldwide, is set to increase California's installed energy storage capacity six fold from its current 35 MW (excluding large-scale pumped hydro storage). The decision is the result of a 2-year regulatory process that studied a multitude …