PG&E Launches 500 Megawatt Solar Power Initiative
February 24 2009 - 1:35PM
PR Newswire (US)
Utility-Owned and Independent Projects Would Speed Customer Access
to Cleaner Energy SAN FRANCISCO, Feb. 24 /PRNewswire-FirstCall/ --
Pacific Gas and Electric Company (PG&E) today announced plans
for a five-year program to develop up to 500 megawatts (MW) of
clean solar photovoltaic (PV) power in its northern and central
California service area, one of the largest undertakings of its
kind in the country. The proposed program consists of up to 250 MW
of utility-owned PV generation - PG&E's first direct investment
in renewable generation in over a decade - and an additional 250 MW
to be built and owned by independent developers under a streamlined
regulatory process. PG&E is submitting its plan today to the
California Public Utilities Commission for approval, which could
come later this year. If all projects are up and running by 2015,
they are expected to deliver more than 1,000 gigawatt hours of
power each year, equal to the annual consumption of about 150,000
average homes. In all, this program would meet over 1.3 percent of
PG&E's electric demand. "I applaud PG&E for its commitment
to making a direct investment in clean, renewable solar energy
generation that will eventually power tens of thousands of
California homes," said Governor Arnold Schwarzenegger. "By
bringing renewables online as quickly as possible and advancing the
development of green technologies, this effort will advance
California's aggressive push to meet our long-term energy and
climate change goals while keeping California on the leading edge
of this booming industry." "This program represents an
unprecedented commitment of our capital and expertise to speed the
delivery of clean, renewable energy to our customers," said
PG&E CEO and President Peter Darbee. "With many
renewable-energy projects delayed, we can't afford business as
usual when it comes to protecting the environment and meeting our
customers' expectations." PG&E's solar program targets
mid-sized projects, typically one MW to 20 MW, mounted on the
ground or rooftops, within its service area. Where feasible,
projects developed and owned by PG&E would be built on land
already owned by the utility or near its substations to minimize
the cost and delays of interconnecting them to the power grid.
Projects developed by independent parties would be offered a
standard contract and pricing derived from the utility's own costs
to streamline review of their applications. Since 2002, PG&E
has entered into contracts for more than 20 percent of its future
electric power deliveries from renewable sources. On average, more
than 50 percent of the electricity PG&E delivers to its
customers comes from generating sources that emit no carbon
dioxide, making the company's energy among the cleanest in the
nation. Pacific Gas and Electric Company, a subsidiary of PG&E
Corporation (NYSE: PCG), is one of the largest combined natural gas
and electric utilities in the United States. Based in San
Francisco, with 20,000 employees, the company delivers some of the
nation's cleanest energy to 15 million people in northern and
central California. For more information, visit
http://www.pge.com/about/. Support for PG&E's Solar PV Program
Sue Kateley, Executive Director, California Solar Energy Industries
Association: "We're pleased that PG&E is providing significant
additional resources to promote the development of solar power in
California. Its commitment to solar energy, and its thoughtful
balance of utility and privately owned projects under this program,
will help ensure continued growth of this market in California,
benefitting suppliers, workers and the environment. We look forward
to working side-by-side with PG&E to make solar a leading
renewable energy resource in the Golden State." Julia Hamm,
Executive Director, Solar Electric Power Association: "PG&E has
long stood out in front of its utility peers as a leader in solar
electricity. The new 500 MW initiative is just the latest example
of the company's commitment to diversifying its electricity
portfolio in an intelligent way." Sheryl Carter, Energy Program
Co-Director, Natural Resources Defense Council: "We must maximize
clean energy solutions like energy efficiency and renewable energy
development of all sizes to meet our economic and environmental
challenges. PG&E's intent for development of these projects -
on already developed land close to transmission and distribution -
is exactly where it needs to be to reduce environmental impacts and
speed development." DATASOURCE: PG&E CONTACT: PG&E External
Communications Department, +1-415-973-5930 Web Site:
http://www.pge.com/about
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