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Share Name | Share Symbol | Market | Type |
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PG&E Corporation | NYSE:PCG | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.04 | 0.23% | 17.57 | 17.85 | 17.425 | 17.74 | 12,661,787 | 21:24:13 |
Today, the California Public Utilities Commission approved Pacific Gas and Electric Company’s (PG&E’s) comprehensive and cost-effective microgrid proposals, which are designed to reduce the number of customers affected by Public Safety Power Shutoff (PSPS) events and mitigate the impacts to those who remain affected. A PSPS may be used when severe weather threatens a portion of the electric system and PG&E determines it’s necessary to turn off electricity to reduce the risk of catastrophic wildfire.
With the increased wildfire threat in California, PG&E is enhancing and expanding its efforts to reduce wildfire risks and keep its customers and communities safe. High temperatures, extreme dryness and record-high winds create conditions where any spark at the wrong time and place could lead to a major wildfire.
PG&E’s Community Wildfire Safety Program includes short-, medium- and long-term plans to make its electric system safer. These plans include installing new grid technology, hardening the electric system, and performing enhanced vegetation management, all with the goal of making PSPS events smaller in size, shorter in length, and smarter for customers. Microgrids are one tool in these efforts.
“As PG&E continues our enhanced and expanded efforts to reduce wildfire risks, we are also working to reduce the scope, duration and impact of future PSPS events. A key piece of this strategy is developing and deploying microgrids,” said Andy Vesey, Utility CEO and President.
Temporary Generation Microgrid Solutions
For 2020, PG&E’s microgrid solutions focus primarily on building grid resilience and keeping the power on for customers in communities that have a high likelihood of experiencing a future PSPS event. To that end, PG&E has reserved more than 450 megawatts of temporary mobile generation to be deployed in four ways detailed below, each with a unique objective:
Community Microgrid Enablement Program
Today, the CPUC also approved PG&E’s new Community Microgrid Enablement Program in which PG&E will partner with local communities to identify and build multi-customer microgrids serving local critical facilities and/or customers with disabilities or functional needs that are not already served by other microgrid solutions offered by PG&E.
The program will help communities design microgrids by providing enhanced technical support, improved access to relevant utility information, financial support for qualifying projects, and tariffs to support the accounting for the flows of services, energy, and costs among the parties. PG&E will refine the eligibility criteria and other program requirements through consultation with local governments and communities, with a goal of full program implementation and projects in development by November.
PG&E intends to model future community microgrid projects on the Redwood Coast Airport Renewable Energy Microgrid project, a collaboration between PG&E, the Redwood Coast Energy Authority, Schatz Energy Research Center at Humboldt State University, Humboldt County, and Tesla, Inc., among others. This front-of-the-meter, multi-customer microgrid project featuring PV solar paired with battery energy storage is on schedule for commissioning and full operation in December 2020.
The Redwood Coast microgrid will provide renewable energy for 18 customer accounts, including the Arcata-Eureka Airport and the U.S. Coast Guard Air Station, and serve as a lifeline for Humboldt County in the event of a natural disaster or other emergency. The microgrid will be capable of disconnecting from the broader grid (island mode) and operating as an independent, PG&E-operated grid segment during a power outage.
“We’ve engaged with a variety of stakeholders on these important efforts, and we look forward to continuing to coordinate and collaborate with interested customers, communities, local agencies, and governments to implement microgrid solutions that build resilience and meet specific community needs,” Vesey said. “While PG&E’s temporary generation program is currently focused on 2020, our work to make the grid safer and more resilient will continue well into the future. Partnering with our communities on customized microgrid solutions for the long term will be critically important.”
Learn more about PG&E’s wildfire safety and PSPS mitigation efforts by visiting pge.com/wildfiresafety.
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 23,000 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200611005877/en/
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