Renewables Portfolio Keeps Growing for California Utility

Pacific Gas and Electric Company (PG&E) is keeping up a steady pace in order to meet the renewable portfolio standards (RPS) set by the California legislature.

The utility recently signed up an additional 158 MW of wind energy resources to help meet its customers’ future electricity needs. All together, generation from these new renewable energy resources will add enough generation to supply nearly 120,000 PG&E customers. “The addition of these wind energy resources ensures that more than thirty percent of our northern and central California customers’ energy needs will come from renewable energy sources,” said Fong Wan, vice president of Power Contracts and Electric Resources Development. “These new resources will add to a generating portfolio that already has one of the lowest rates of air emissions in the country.” PG&E submitted three long-term wind power purchase agreements to the California Public Utilities Commission (CPUC) for regulatory review. The three agreements are a result of the utility’s 2004 RPS procurement solicitation. Wind projects added to PG&E’s portfolio are: FPL Montezuma Wind for 20 years at 32 MW, Buena Vista Wind at 15 years for 28 to 43 MW and Pacific Renewable Wind for 20 years at 83 MW. To continue to increase its renewable energy portfolio, PG&E has also filed protocols with the CPUC for its 2005 renewable energy procurement solicitation. In this upcoming solicitation for additional generation from renewable resources, the company is seeking to procure an additional 1 to 2 percent of its customers’ electricity needs through renewable sources. The utility anticipates issuing the solicitation in early summer. California’s RPS Program requires each utility to increase its procurement of eligible renewable generating resources by 1 percent of load per year to achieve a 20 percent renewables goal. PG&E currently supplies 31 percent of its customer load through renewable resources: 18 percent from hydroelectric facilities and 13 percent from smaller renewable resources that qualify under the RPS Program.
Previous articleNegotiations Begun for China Biomass Contract
Next articleBush Energy Proposal a Program of Strength through Exhaustion
Renewable Energy World's content team members help deliver the most comprehensive news coverage of the renewable energy industries. Based in the U.S., the UK, and South Africa, the team is comprised of editors from Clarion Energy's myriad of publications that cover the global energy industry.

No posts to display