San Diego Gas & Electric Gets Regulatory Approval For Renewable Energy Contracts
With yesterday’s approval from the California Public Utilities Commission (CPUC) of four renewable energy contracts, San Diego Gas & Electric (SDG&E) made another significant step toward its goal of fulfilling 20 percent of its customers’ energy needs from environmentally friendly renewable sources by 2010.
The contracts total about 140 megawatts (MW) of solar, biomass and geothermal energy. While SDG&E finalized the contracts last year with companies in San Diego and Imperial counties, the CPUC approval gives the official green light for the utility to move ahead with these projects.
“The state’s approval of these renewable energy contracts is a win-win situation for our customers and the communities we serve,” said Terry Farrelly, vice president of electric and gas procurement for SDG&E. “We look forward to continuing to work with these companies to get their projects up and running so we can deliver more ’green’ energy to our customers.”
“SDG&E is fully committed to investing in renewable resources with the goal to meet the state’s requirements on, or ahead of, schedule,” added Farrelly.
Earlier this week, SDG&E announced its latest competitive bidding process for more renewable energy, seeking energy that comes from solar, wind, geothermal, biomass and any other clean, renewable resource that qualifies under the rules adopted for the state’s Renewable Portfolio Standard program. The plants that produce the power can be inside or outside the SDG&E service territory. SDG&E did not specify a target amount of energy. Bids are due May 30, 2007.
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