California Public Utilities Commission Gives Green Light to 415 MW of Solar Projects

[jpak]

http://www.solarbuzz.com/News/NewsNAPR2159.htm

The California Public Utilities Commission (CPUC) today approved renewable energy contracts for Pacific Gas and Electric Company (PG&E) and Southern California Edison, furthering the state's progress towards its renewable energy goals.

PG&E received approval of three 20-year power purchase agreements with Eurus Energy America Corporation for the Avenal Park, LLC; Sun City Project, LLC; and Sand Drag, LLC projects. The three solar photovoltaic facilities will provide a combined 48 megawatts (MW) of new renewable capacity and an estimated 77 gigawatt-hours (GWh) of energy annually. The projects will be located near Fresno, Calif., and deliveries are anticipated to begin in mid-2011.

PG&E's 25-year power purchase agreement is with Genesis Solar, LLC, an affiliate of NextEra Energy Resources, LLC, which is a subsidiary of FPL Group. Under the power purchase agreement, PG&E will procure an average of 524 GWh of renewable energy from the 250 MW solar thermal facility. The facility is being developed in Riverside County, Calif., and energy deliveries are anticipated to begin in 2013.

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[RUMMYisFROSTED]

1. Good news, bad news.

Good = solar

Bad = PG&E, SCE

:shrug:

[jpak]

2. How is it bad for PG&E, SCE?

:shrug:

[RUMMYisFROSTED]

3. It's great for them.

Still getting your dollar despite the energy source.


I'd like to see some competition.

[diane in sf]

4. Your roof and my roof and windows covered in cheap pv film are PG&E's competition.

[Dogmudgeon]

5. I'll echo jpak's question -- how does this hurt PG&E?

It's the energy utilities that buy, sell, invest in, and promote all things energy. They LOVE things like wind turbines and solar panels; they are great for corporate PR.

Many of us on the Left have had a fantasy that a few particular technologies would somehow liberate us from Capitalism wholesale. The exact opposite is happening, and by far the largest source of information online about the new technologies has been corporate press releases. Capitalism will have to be brought to the Peoples' heel by other means.

--d!