PG&E Adds More Renewable Geothermal Energy

Pacific Gas and Electric Company has entered into a contract with Military Pass-Newberry Volcano Project, LLC to purchase up to 120 megawatts (MW) of renewable geothermal energy resources to help meet its customers’ future electricity needs. Electric generation from this renewable energy resource will provide enough power to supply nearly 100,000 PG&E customers. “The addition of this geothermal generation further adds to PG&E’s diverse and renewable energy resources and ensures that more than thirty percent of our northern and central California customers’ energy needs will come from hydroelectricity and renewable sources,” said Fong Wan, vice president of Energy Procurement. “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 currently supplies 30% of its customer load from renewable resources: 18% from its large hydroelectric facilities and 12% from smaller renewable resources that qualify under the State’s Renewable Portfolio Standard (RPS) Program. This agreement represents another milestone for PG&E towards its goal of supplying 20% of customer needs with qualifying renewable energy under the RPS program. This is the final contract originating from the 2004 RFO solicitation and brings the total renewable generation added as a result […]

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