Company: PCG-PB
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001004980-25-000010
Chunk: 115

Company: PG&E Corp
Filing Date: 2025-02-13
Form: 10-K
Item: Item 1
Chunk 115
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22)%1 %  Total99 %(22)%77 %Third-party purchase agreementsRenewable (3)22 %— %22 %Fossil fuel-fired (4)11 %(10)%1 %Total33 %(10)%23 %Others, net (2)(5)(32)%32 %— %TOTAL100 %— %100 %Total renewable energy resources (3)23 %— %23 %GHG-free resources (6)98 %— %98 %

(1) This amount excludes electricity provided by DA providers and CCAs that procure their own supplies of electricity for their respective customers.

(2) The allocation of “Others, net” in the “CEC Reporting Methodology Adjustment” and “Power Content Label” columns is consistent with current CEC guidelines as an adjustment mechanism to apply, as specified.  Total reported generation and procurement volumes equate to actual electric retail sales.

(3) Amounts include biopower (e.g., biogas, biomass), solar, wind, certain hydroelectric (i.e., 30MW or less), and geothermal facilities.  The eligible renewable percentages above do not reflect RPS compliance, which is determined using a different methodology.

(4) Amounts consist primarily of natural gas facilities.

(5) Amount is mainly comprised of net CAISO open market (sales)/purchases.

(6) Amount is comprised of renewable, nuclear, and large hydroelectric facility resources generated, procured, and sold.

(7) Amount includes adjustments due to DCPP’s extended operations, consistent with CPUC and CEC guidelines.

Renewable Energy Resources

California law established an RPS that requires LSEs, such as the Utility, to gradually increase the amount of renewable energy they deliver to their customers.  See “Sustainability and Resiliency” below.  The Utility may in the future incur additional costs to procure renewable energy to meet the new renewable energy targets.  The Utility expects that these costs will continue to be recoverable through rates as “pass-through” costs.  The Utility also may be subject to penalties for failure to meet the higher targets.

Renewable generation resources, for purposes of the RPS requirements, include bioenergy such as biogas and biomass, certain hydroelectric facilities (30 MW or less), wind, solar, and geothermal energy.  RPS requirements are based on procurement, which aligns with the