Wind energy producers: PG&E’s commitment to honor renewable energy contracts is an encouraging sign—but issue is far from resolved

SACRAMENTO – The American Wind Energy Association of California (AWEA-California) released the following statement from Director Danielle Osborn Mills following PG&E’s September 9 submittal of its reorganization plan to the bankruptcy court:

“We’re encouraged by PG&E’s commitment to honor all contracts with renewable energy producers in the utility’s Plan of Reorganization. The State of California is a national leader for clean energy thanks in large part to early investments that allowed wind energy and other renewable technologies to grow and innovate. Looking ahead, achieving the state’s bold climate policies will not be possible without reliable, low-cost renewable energy providers’ continued confidence that their contracts will be honored.” – Danielle Osborn Mills, AWEA-California.

In PG&E’s statement announcing its reorganization plan, the utility states that ‘all power purchase agreements, renewable energy power purchase agreements, and Community Choice Aggregation servicing agreements…shall be deemed assumed.’

Renewable energy has been the cornerstone of the state’s climate progress over the last decade, and wind energy companies will continue to invest in new, sustainable energy solutions for Californians. Utility-scale wind and solar projects are the least expensive sources of new electricity generation in many parts of the country, and these energy sources will be the key to meeting California’s climate goals, while keeping costs low for consumers.

“PG&E’s intent to honor contracts is a positive step but we have a long process ahead of us. With so much at stake, the renewable energy industry is closely following developments to ensure that all energy supply contracts in the state will continue to be honored.” – Danielle Osborn Mills, AWEA-California

Written by greenlivingguy

The Green Living Guy, Seth Leitman is a green living expert, celebrity and Editor of the McGraw-Hill, TAB Green Guru Guides. Seth is also an Author, Radio Host, Reporter, Writer and a Environmental Consultant on green living. The Green Living Guy writes about green living, green lighting, the green guru guides and more. Seth's books range from: # Build Your Own Electric Vehicle by Bob Brant and Seth Leitman (2nd and 3rd editions) # Build Your Own Plug-in Hybrid Electric Vehicle by Seth Leitman # Build Your Own Electric Motorcycle by Carl Vogel # Green Lighting by Seth Leitman, Brian Clark Howard and Bill Brinsky # Solar Power For Your Home by David Findley # Renewable Energies For Your Home by Russel Gehrke # Do-it-Yourself Home Energy Audits by David Findley # Build Your Own Small Wind Power System by Brian Clark Howard and Kevin Shea # and more green living books to follow.

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