Pacific Gas and Electric Company Issues Request for Offers to Meet Long-Term Electricity Needs
Release Date: April 1, 2008
Contact: PG&E External Communications (415) 973-5930
SAN FRANCISCO – Pacific Gas and Electric Company today announced it has issued a Request for Offers (RFO) to ensure sufficient, reliable power to meet Northern California’s long-term electricity needs. Through this RFO, PG&E seeks to acquire between 800 and 1,200 megawatts of dispatchable and operationally flexible resources by 2015.
The all-source RFO is open to offers from repowering and new conventional generation, renewable resources, distributed generation and qualifying facilities, through power purchase agreements from generation sources owned and operated by developers and new generation facilities constructed for utility ownership.
“PG&E recognizes the value of a diversified energy resource mix,” said Fong Wan, PG&E’s vice president of energy procurement. “Today’s RFO will result in additional generation resources needed to ensure adequate power supplies to meet long term needs and provide operational flexibility.”
The RFO is part of PG&E’s broad energy strategy, which is consistent with the priorities established in the state’s multi-agency Energy Action Plan. The strategy relies first on an aggressive expansion of customer energy efficiency and demand side management programs, then looks to secure additional renewable power resources, and seeks to fill the remainder of customers’ long term energy needs through all-source solicitations, but focused on the most efficient generation sources.
Notice of Intent to Offer from participants are due April 25. Participant offers are due July 21. Resource offers will be reviewed by PG&E, an independent evaluator, the CPUC's Energy Division, and the Procurement Review Group and Cost Allocation Mechanism Group, which represent utility and non-utility consumer interests. For more information on PG&E's RFO's, please visit www.pge.com/rfo.
For more information about Pacific Gas and Electric Company, please visit the company’s web site at www.pge.com