After CPUC Decision, PG&E to Confer With Diablo Canyon Joint Proposal Parties on Path Forward
January 11 2018 - 2:32PM
Business Wire
Pacific Gas and Electric Company (PG&E) issued the following
statement today following the California Public Utilities
Commission’s (CPUC) approval of its revised proposed decision on
the Diablo Canyon Power Plant (DCPP) joint proposal:
“The DCPP joint proposal represented a
significant milestone in the planning to meet California’s
ambitious clean energy vision. We appreciate the CPUC’s thoughtful
consideration of this complex issue and its approval of certain
elements.
“While we are disappointed that they did not
approve the full employee retention program, as well as the
community impact mitigation and energy efficiency programs, we are
appreciative that the CPUC took the positive step to increase the
amount of funding for employee retention beyond their original
proposed decision.
“The joint proposal represents an array of
interests from many parties who joined together to promote the best
path forward for our state and PG&E’s customers. Since the full
proposal was not approved, in line with our agreement, PG&E
will be meeting to confer with our labor, community and
environmental group partners in the days ahead about the decision,
our next steps and the path forward.”
About the Joint Proposal
California's energy landscape is changing dramatically. State
policies that focus on renewables and energy efficiency, coupled
with projected lower customer electricity demand in the future,
will result in a significant reduction in the need for the
electricity produced by DCPP past 2025.
Reflecting this change, PG&E partnered with labor and
leading environmental organizations in 2016 on a joint proposal
that would increase investment in energy efficiency and renewables
while retiring DCPP at the end of its current Nuclear Regulatory
Commission (NRC) operating licenses, which expire in 2024 and
2025.
The parties to the joint proposal include PG&E,
International Brotherhood of Electrical Workers Local 1245,
Coalition of California Utility Employees, Friends of the Earth,
Natural Resources Defense Council, Environment California,
California Energy Efficiency Industry Council and Alliance for
Nuclear Responsibility.
Recognizing that the procurement, construction and
implementation of a GHG-free portfolio of energy efficiency and
renewables would take time, the joint parties agreed to support
PG&E in obtaining the state approvals needed to operate DCPP to
the expiration of its current NRC operating licenses.
This avoided an early shutdown of DCPP and associated negative
economic and social impacts, including replacing the plant's output
required to meet customer demand with non-greenhouse gas-free
resources.
The joint proposal also provides support for a successful
transition for DCPP employees and the greater San Luis Obispo
County community.
The $85 million community impact mitigation program would
support the community with its transition and provide funding to
support essential public services that the plant and the local
community rely upon.
The DCPP employee program would provide incentives to retain
employees during the remaining operating years of the plant, and a
retraining and development program to facilitate redeployment of a
portion of plant personnel to the decommissioning project or other
positions within the company.
PG&E does not believe long-term customer rates would
increase as a result of the joint proposal.
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 20,000 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.
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