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PG&E Clean Energy Deliveries Already Meet Future Goals

02/20/2018

SAN FRANCISCO--(BUSINESS WIRE)-- Pacific Gas and Electric Company (PG&E) has reached California’s 2020 renewable energy goal three years ahead of schedule, and now delivers nearly 80 percent of its electricity from greenhouse-gas (GHG) free resources.

The company announced today that 33 percent of its electricity came from renewable resources including solar, wind, geothermal, biomass and small hydroelectric sources in 2017. Additionally, 78.8 percent of PG&E’s total electric power mix is from GHG-free sources including nuclear, large hydro and renewable sources of energy.

It’s the highest percentage of clean energy deliveries in PG&E’s history.

“Reducing carbon emissions, as quickly as possible, is the main objective of California’s energy policies. Creating a sustainable energy future is also the guiding vision for PG&E. We’re proud to provide our customers and communities with safe, reliable, affordable and clean energy every single day, while building the energy network of tomorrow,” said PG&E Corporation President and CEO Geisha Williams.

The milestone comes three years before California’s 2020 mandate for energy companies to reach 33 percent of retail electric deliveries from eligible renewable sources. The company is also on pace to reach California’s 2030 goal of 50 percent renewables and a separate company goal of 55 percent renewables by 2031 ahead of schedule.

The record renewable energy deliveries are mirrored by continued advancements in reliability, safety and innovation. PG&E continues to make investments to its electric infrastructure and uses advanced technology to make the power grid smarter and more resilient. Additionally, the company has increased its investment in Electric Vehicle (EV) infrastructure to help accelerate the adoption of EVs in California to improve air quality and reduce GHG emissions. Most recently, PG&E launched its new EV Charge Network program to install 7,500 EV chargers at condominiums, apartment buildings and workplaces across Northern and Central California, including at sites in disadvantaged communities.

A clean energy history, a cleaner future

PG&E has been a leader in clean energy and energy efficiency for nearly 50 years, beginning with energy conservation programs in the 1970s and continuing in the early 2000s with the first clean energy power purchase contracts.

PG&E’s diverse renewable power mix includes solar, wind, geothermal, bio-power and small, eligible-renewable hydroelectric energy. In addition, PG&E has connected more than 340,000 customers with private rooftop solar to the energy grid – representing about 20 percent of the nation’s private rooftop solar installations and approximately 3200 MWs of solar powered energy. The company owns one of the nation’s largest hydro-electric systems, as well as nuclear facility Diablo Canyon Power Plant, both of which emit no greenhouse gases.

Earlier this year, PG&E received approval to close Diablo Canyon in 2025, with plans to replace the nuclear power plant with other clean and renewable sources of energy.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit www.pge.com and www.pge.com/en/about/newsroom/index.page.

Source: Pacific Gas and Electric Company

Pacific Gas and Electric Company

Media Relations, 415-973-5930

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