“PG&E has reached a state-mandated renewable energy goal three years earlier than required, the company said, but fresh challenges loom as the company’s last nuclear power plant is slated for deactivation.
PG&E also said it now delivers 78.8 percent of its electricity from resources that are free of greenhouse gases. Those resources, however, include the Diablo Canyon nuclear plant in central California that’s headed for decommissioning. That means the company will have to scramble to find green energy replacements for Diablo Canyon.
Among PG&E’s woes: a fatal explosion in San Bruno that resulted in a $1.4 billion financial punishment — the largest penalty ever imposed on an American utility; PG&E’s felony conviction in federal court for actions linked to the San Bruno blast; and lethal wildfires in October that scorched the North Bay Wine Country and nearby areas, posing further potential hazards to the company’s well-being.”
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