PG&E announced a joint proposal with labor and leading environmental organizations that would increase investment in energy efficiency, renewables and storage beyond state mandates while phasing out the company’s production of nuclear power in California by 2025.
Underpinning the agreement, PG&E said is the recognition California’s new energy policies will significantly reduce the need for Diablo Canyon’s electricity output.
There are several contributing factors for this, including the increase of the Renewable Portfolio Standard to 50% by 2030, doubling of energy efficiency goals; the challenge of managing over-generation and intermittency conditions; and the growth rate of distributed energy resources.
The proposal would replace power produced by two nuclear reactors at the Diablo Canyon Power Plant renewables and energy storage. It includes a PG&E commitment to a 55% renewable energy target in 2031, an unprecedented voluntary commitment by a major U.S. energy company.
The parties to the joint proposal are PG&E, International Brotherhood of Electrical Workers Local 1245, Coalition of California Utility Employees, Friends of the Earth, Natural Resources Defense Council, Environment California and Alliance for Nuclear Responsibility.