PG&E gets $25M for compressed air energy storage (San Francisco)
The U.S. Department of Energy awarded Pacific Gas & Electric Co. a $25 million stimulus grant to develop compressed air storage for electricity.
The grant award was reported in the federal government's latest stimulus data, which shows approximately $1.4 billion in awards to 716 Bay Area businesses and agencies since the American Recovery and Reinvestment Act started pumping some $787 billion in federal money into the economy in early 2009 to wrest it from recession.
More than 75 awards were made during the first quarter of this year to Bay Area entities.
Pacific Gas & Electric Co.'s compressed air storage plans are increasingly important as intermittent renewable sources like wind and solar connect to the electric grid, producing power regardless of when its needed.
Electricity is used to compress air when the power is produced and then released to turn turbines and create electricity when the power is needed.
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