California Passes First U.S. Renewable Energy Storage Law

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The California Legislature's passage of the energy storage bill, AB 2514, is the first measure in the U.S. that could require utilities to store part of the electricity they generate. If a goal is established as a result of AB 2514, it could provide an important incentive to the development of clean energy that renewable portfolio standards ("RPS") have been unable to do on their own.

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