• Most Popular
  • Most Shared

UPDATE 1-PG&E sees Calif. Gateway natgas unit back Tuesday

Mon Jun 1, 2009 1:29pm EDT

Stocks

   

(Updates with company comment)

NEW YORK, June 1 (Reuters) - PG&E Corp (PCG.N) expected the 530-megawatt Gateway natural gas-fired power plant in California to return to service on Tuesday, a spokeswoman said Monday.

Operators shut the unit by Sunday afternoon for short-term planned work.

The Gateway station, which entered service in 2009, is located in Antioch, in Contra Costa County, about 45 miles east of San Francisco.

PG&E took over Gateway from Mirant Corp (MIR.N) as part of a settlement of overcharges for power sold during the 2000-01 Western power crisis. It was to be Unit 8 at Mirant's Contra Costa plant.

PG&E, of San Francisco, owns and operates more than 6,200 MW of generating capacity, markets energy commodities and transmits and distributes electricity to almost 5.3 million customers and natural gas to 4.2 million customers in northern California. (Reporting by Scott DiSavino; Editing by Walter Bagley)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets