Company Description PG&E Corporation markets energy services and products in North America through its PG&E National Energy Group. PG&E Corporation conducts its business through Pacific Gas and Electric Company, a public utility operating in northern and central California serving about 5.1 million electric distribution customers and 4.3 million natural gas distribution customers. PG&E is headquartered in San Francisco, CA.
CEO: C. Lee Cox; Revenues: $13.96 Billion (2010); Employees: 19,424 (2010)
Climate Change Targets PG&E succeeded in reducing annual sulfur hexafluoride (SF6 -- a greenhouse gas) emissions by 50 percent, compared with the 1998 baseline and had achieved 60 percent reduction at the end of 2007. PG&E now has several new goals:
Meet California’s requirement that 20 percent of electric sales come from qualifying renewable energy resources, which emit no or minimal GHG emissions, by 2010.
Improve customer energy efficiency for the three year period 2010 to 2012 by 3,100 GWh.
Improve customer energy efficiency for the three year period 2010 to 2012 of 48.9 million therms
Reduce energy use at PG&E offices and service yards by 25 percent from 2009 levels by 2014
Reduce energy use by 4% BTUs at offices and service yards from 2009 levels in 2010
Administer the California Solar Initiative, part of a statewide program to install 3,000 megawatts of new customer-owned solar by 2017
Sign contracts for 1,360,777 million metric tons of greenhouse emission reductions by 2011 for ClimateSmart program customers. As of the end of 2009, the ClimateSmart program has successfully contracted for almost 1.2 million metric tons of GHG emission reductions.
Develop up to 500 megawatts (MW) of solar photovoltaic (PV) power by 2010
Statements on Climate Change
"We work to minimize climate change risks through technology and innovation. Every day, we are reducing greenhouse gas emissions through our customer energy efficiency programs, new highly efficient natural gas-fired and wind-powered electric generating facilities, clean air vehicles, pipeline efficiency improvements; and carbon sequestration and landfill-to-gas projects." Read about PG&E's proposed program to offset the greenhouse gas emissions from their electricity generation. –Peter A. Darbee, PG&E Corporation, former CEO
PG&E markets energy services and products in North America. It provides natural gas and electricity to northern and central California.
PG&E Corporationis a member of the Business Environmental Leadership Council (BELC), the largest U.S.-based association of companies dedicated to business and policy solutions to climate change. PG&E Corporation markets energy services and products in North America through its PG&E National Energy Group. PG&E Corporation's businesses also include Pacific Gas and Electric Company. PG&E operates thirty power plants, with a total generation portfolio of 7000 megawatts. PG&E is headquartered in San Francisco, CA. In 2001, it had revenues of $23 billion and employed 22,619 people.