Dive Brief:
- Pacific Gas and Electric (PG&E) delivered 22.5% of its power from eligible renewable resources in 2013 and is on track to meet the state's clean energy goals for 2020 and beyond.
- At times during the year, far larger amounts of renewables power the utility's system, but 2013 was the first time state-eligible renewables deliveries exceeded an average 20% for the year. PG&E is now slightly above the state's 20% annual requirement for the 2011-2013 compliance period.
- More than 55% of PG&E's supply comes from non-greenhouse gas emitting sources, but not all of them qualify to meet California's renewable energy mandate, which includes solar, wind, biomass, small hydropower and geothermal. Since 2002, PG&E has signed 155 contracts for more than 10,600 MW of eligible power.
Dive Insight:
PG&E keeps adding to its green-power portfolio and is well positioned to meet California's 33% renewables requirement by the end of 2020. It owns a good deal of solar photovoltaic generation and has a growing amount of customer-installed solar facilities in its territory from which it must buy excess power. Like other utilities, it is concerned about the full retail price it must pay for that power, and state policies on that subject will be fought over the next few years at the Public Utilities Commission.