PG&E resubmits application for natural gas-fired power plant

Pacific Gas & Electric Co. (PG&E, NYSE: PCG) has resubmitted its application with the California Public Utilities Commission seeking approval for a 586 MW natural gas-fired power plant.

According to the Silicon Valley Mercury News, the 1st District Court of Appeal in San Francisco on March 21 ruled 3-0 in favor of The Utility Reform Network (TURN) saying that the PUC acted unlawfully in approving the Oakley Generating Station. PG&E said the plant would serve the state’s electricity needs, but did not change the plan much from the one approved in December 2010, the article said.

The new application filed March 30 gives the parties a chance to testify for or against the plant and present evidence, according to the article. The application reportedly asks that the commission make a decision by Oct. 11. PG&E said it plans to bring the plant online by 2016.

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