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Share Name | Share Symbol | Market | Type |
---|---|---|---|
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 | 12,844,878 | 01:00:00 |
Hot Temperatures Will Tax the Grid so PG&E, Other Utilities Asking Customers to Conserve During Peak Hours
With hot temperatures forecast for today (Thursday, Oct. 1), the state’s grid operator has called for afternoon and evening energy conservation throughout California as one way to make sure that the supply of power stays ahead of demand.
The Flex Alert, called by the California Independent System Operator (CAISO), has been issued for today from 3 p.m. to 10 p.m. With high temperatures in the forecast, the grid operator is predicting an increase in electricity demand, primarily from air conditioning use. Reduced capacity, along with fire activity and heat, has led to a potential shortage of energy supply this evening, CAISO says.
CAISO says wildfires are threatening transmission lines across the state, and in fact, generators that were taken offline several weeks ago due to wildfires have not returned to service. Smoke from wildfires is adding forecast uncertainty and has the potential to reduce solar power production as the weather pattern changes over the coming days, according to CAISO.
This statewide Flex Alert asks everyone to work together and conserve.
Saving Energy at Home
Here are five ways PG&E customers can cut their power use and help keep the lights (and air conditioning) on for everyone:
Saving Energy at Your Office or Business
If you’re working in an office setting, CAISO recommends the following:
PG&E’s Demand Response programs offer incentives for business owners and residential customers who curtail their energy use during times of peak demand. PG&E has several of these programs. About 261,000 PG&E customers are enrolled in one of these Demand Response programs. PG&E’s website includes detailed information on these programs, which allow residential customers and business customers to save energy and money.
Customers can actively help by shifting energy use to morning and nighttime hours. Conservation can lower demand and reduce the duration of possible power interruptions. In August, when California experienced its first rotating outages in two decades, conservation limited the effects to two nights rather than three or four. And, similarly, conservation over the very hot Labor Day weekend prevented the need for rotating outages.
PG&E’s meteorologists say that a high-pressure system remains anchored over the state. Daytime high temperatures today will top out in the upper 90s to low 100s across the interior and throughout much of the intermediate and inland Bay Area with upper 80s to low 90s near the coast. Cooler weather returns over the weekend as high pressure breaks down with near-normal temperatures along the coast and around the Bay Area, but remaining slightly above-normal farther inland
Northwest winds will increase after midday and peak this afternoon and evening reaching 10-20 mph with gusts 25-30 mph over elevated terrain extending from Humboldt County to the Central Coast before diminishing overnight. PG&E does not project a need for a Public Safety Power Shutoff due to this weather, but conditions will be continuously monitored.
PG&E is prepared and, based on forecasts, doesn’t anticipate any issues meeting the increased demand for power. At this point, CAISO has given no indication that it will call for rotating outages.
PG&E also urges customers to stay safe during this heat wave. The company funds cooling centers throughout its service area to help customers escape the heat and cool off. To find a center near you click here or call 1-877-474-3266.
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 pge.com/news.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201001006089/en/
MEDIA RELATIONS: 415-973-5930
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