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"The problems raised by the massive Pacific Gas & Electric smart grid installation in California will serve as a valuable lesson for other utilities around the world when they begin similar endeavors. Utilities must ensure that customers understand how to fully utilize their new smart meters before they are installed."

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California's next source of renewable power could be an orbiting set of solar panels, high above the equator, that would beam electricity back to Earth via a receiving station in Fresno County.

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Pacific Gas & Electric, one of the country's largest and most progressive utilities, will invest directly in solar power plants and solar panels distributed in different California communities.

CEO Peter Darbee said the move represents the first time that PG&E--already a large purchaser of solar and other renewable energy technologies--will build and own solar installations. Right now, the utility purchases clean energy from third parties.

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