• Most Popular
  • Most Shared

PG&E Calif. Helms 2 hydro unit back

Mon Jul 13, 2009 8:38am EDT

Stocks

   

NEW YORK, July 13 (Reuters) - PG&E Corp (PCG.N) 's (PCG.N) 404-megawatt Unit 2 at Helms hydropower station in California returned to service by Friday afternoon, the California Independent System Operator said in a report.

The unit shut by July 6 for planned reasons.

The 1,212 MW Helms pumped storage hydropower station, which entered service in 1984, is located near Fresno in Fresno County. There are three 404 MW units at the station.

One MW powers about 700 homes in California.

All of the other units remained available for service.

Pumped storage plants store and produce electricity to supply peak power demands by moving water between reservoirs at different elevations.

At times of low demand and low power cost, the plant uses electricity from the grid to pump water into the higher reservoir. When demand and prices are higher, the station releases the water back into the lower reservoir through a turbine, generating energy.

PG&E's regulated Pacific Gas and Electric Co subsidiary owns and operates the station.

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 John Picinich)



More from Reuters

Photo

Personal spending and income rise in November

WASHINGTON (Reuters) - Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, data showed on Wednesday, boosting hopes of a self-sustaining economic recovery.

Malaysians participate in computer attack and defence hacking competition during The 3rd Annual Hack-In-The-Box Security Conference 2004 in Kuala Lumpur on October 6, 2004. REUTERS/Bazuki Muhammad
Commentary:

Year of the breach

Data security breaches are nasty business and should be avoided at all costs, writes Kevin Prince, a chief technology officer at Perimeter e-Security. Here's a look at the biggest breaches and blunders of 2009.  Commentary 

 man walks past a stock quotation board displaying the Nikkei share average outside a brokerage in Tokyo June 1, 2009. REUTERS/Toru Hanai

Running out of options

Bad news for safety-oriented investors: the AAA debt market is shrinking, and what's left will leave many with less diversification and lower returns than they're used to, writes columnist Agnes Crane.  Commentary