The quest was a noble one: To develop, and help bring to market, new energy technologies that are better for the environment, provide greater system reliability and lower system costs, while furnishing “tangible benefits to electric utility customers.”
Well, electric utility customers, you’ve shelled out $700 million for this noble effort since 1996, and what have you gotten?
Precious little that could be even loosely interpreted as “tangible benefits,” concludes a report by the Legislative Analyst’s Office.
June 2013
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February 05, 2011
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