Pacific Gas and Electric Selects EDF Renewable Energy as Sole Awardee for Behind-the-Meter Energy Storage Contract

EDF
Renewable Energy (EDF RE) today announced they were awarded a
contract to provide Pacific
Gas and Electric Company (PG&E) (NYSE: PGE) with 40 megawatt hours
(MWh) of battery storage capacity. Under the contract, EDF RE will
build, own and operate a portfolio of behind-the-meter (BTM) battery
storage projects for commercial and industrial customers within the PG&E
service territory.

The contract will allow EDF RE to assist selected PG&E customers to
lower their utility bills by reducing demand charges, maximizing
consumption during off-peak hours, and collecting revenue from wholesale
market participation. Each project will optimize the host customer’s
energy usage and operating costs by utilizing EDF’s proprietary PEGASE
Energy Management System (EMS) to strategically operate the
batteries.

Martin Wyspianski, PG&E Senior Director for Energy Portfolio Procurement
and Policy, is pleased with the progress PG&E has made toward meeting
California’s renewable energy and storage goals. He remarked, “As our
clean energy portfolio grows, so does the importance of storage
technology. These contracts and the storage capacity they represent will
help us better integrate our growing renewable generation sources, and
bring increased reliability to the grid. They are an important milestone
in our progress toward a clean energy future.”

Raphael Declercq, Vice President of Portfolio Strategy at EDF RE,
commented, “We are thrilled to be the sole awardee in the
behind-the-meter category. This contract will enable EDF RE to
demonstrate its capabilities in the California storage market. The depth
of resources and experience within the EDF Group positions us well to
meet our customer’s expectations. Worldwide, EDF
has installed 824 MWh of battery storage; this experience will
benefit both PG&E and the host customers we have started to sign up.”

As utilities across North America consider how to meet future
electricity demands by providing highly reliable energy at the lowest
cost to the ratepayer, distributed generation and storage solutions are
becoming an economical and attractive approach. Battery storage, in
particular, is playing a progressively important role for California as
investor-owned utilities work to achieve the state’s ambitious goal to
procure 1,325 MW of storage by 2020.

To learn more about EDF RE’s Distributed Electricity and Storage
business, visit: www.edf-re.com/des

About EDF Renewable Energy:

EDF Renewable Energy is a leading US independent power producer with
over 30 years of expertise in the renewable industry, covering all range
of services from project origination, development, sales and marketing,
to long-term asset management. EDF Renewable Energy specializes in wind
and solar photovoltaic with presence in other segments of the renewable
energy market: distributed electricity, storage, biogas, and biomass.
EDF Renewable Energy’s North American portfolio consists of 9 gigawatts
of developed projects with 4.4 gigawatts of installed capacity
throughout the US, Canada, and Mexico. The operations and maintenance
subsidiary, EDF Renewable Services, operates 13 gigawatts globally. EDF
Renewable Energy is a subsidiary of EDF Energies Nouvelles. EDF Energies
Nouvelles is the renewable energy arm of the EDF group, the leading
electricity company in the world. For more information visit: www.edf-re.com

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