PG&E Plans to Build 800 MW, Contract 1,300 MW

Pacific Gas & Electric plans to build 800 MW of new generation, according to chief executive officer Peter Darbee. In addition to its own new power plants, the utility intends to sign four power-purchase agreements with third-party generators for 1,300 MW, he told financial analysts March 1. The utility is expected to file the plans with the California Public Utilities Commission at the end of March, according to Darbee. In addition to those facilities, PG&E is adding 150 MW to replace aging power plants at Humboldt Bay. Company spokespersons would not elaborate on what sort of power plants the utility intends to build. "Considering everything I have seen in California over the last three years, which is tragic at best for competitive procurement, this is a pretty good outcome," said Gary Ackerman, Western Power Trading Forum executive director. He added, however, that he did not know where that 1,300 MW of new power is or would be located.

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PG&E Plans to Build 800 MW, Contract 1,300 MW

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