Electric vehicle charging drives forward in California
After a long legal battle, the Federal Energy Regulatory Commission has approved an agreement between the California Public Utilities district and NRG Energy's eVgo subsidiary to install a network of at least 200 EV charging stations throughout the state.
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The charging network will include fast chargers that allow drivers to add 50 miles of range in 15 minutes.
Over the next four years, NRG will invest approximately $100 million in the charging network; $5 million on collaboration with researchers and stakeholders for demonstration projects that will test new charging and related technologies; and $4 million on consultation with the Greenlining Institute, the California Plug-In Electric Vehicle Collaborative and other key stakeholders to support low income car-sharing, workforce training, and related opportunity programs.
In addition to these investments, NRG will contribute $20 million to the California Public Utility Commission for ratepayer relief.
The agreement resolves an outstanding legal battle arising from a long-term electricity contract entered into more than 10 years ago by a Dynegy subsidiary then a co-owner with NRG of a portfolio of power generating plants in California. When NRG acquired a 50 percent interest in Dynegy's assets in 2006, it also acquired responsibility for resolving the company's legal woes.
For more:
- see this article
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