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California Public Utilities Commission
505 Van Ness Ave., San Francisco

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PRESS RELEASE FOR IMMEDIATE RELEASE

CPUC TAKES ANOTHER STEP TOWARD RENEWABLE ENERGY GOALS WITH APPROVAL OF CONTRACTS

SAN FRANCISCO, July 31, 2008 - The California Public Utilities Commission (CPUC) today approved renewable energy contracts for Pacific Gas and Electric Company (PG&E), Southern California Edison, and San Diego Gas and Electric Company (SDG&E), continuing the state's commitment to renewable power.

The table below provides a brief description of the projects:

Generating Facility

Type

Term Years

Capacity

(MW)

Annual

Energy

(GWh)

Expected

Online

Date

Location

ORNI 21

(Ormat)

Geothermal, new

20

30-100

250-832

June 2012

Wister, CA

Wadham

Biomass, existing

10

26

141

Online

Colusa County, CA

Truckhaven (Esmeralda)

Geothermal, new

20

40

319

December 2010

Imperial County, California

Through Edison's agreement with ORNI 21, which is being developed by Ormat technologies of Israel, Edison will accept deliveries from the new 30-megawatt (MW) geothermal facility with the potential to expand to 100 MW.

PG&E, through its agreement with Wadham, will retain reliable renewable generation and capacity in its portfolio.

Through SDG&E's agreement with Esmeralda, it will accept deliveries from the new 40 MW geothermal facility.

The CPUC determined that the energy prices for all contracts are at or below the CPUC's market pricing benchmark and are reasonable.

The CPUC's Renewables Portfolio Standard program, one of the most ambitious renewable energy standards in the country, requires Investor Owned Utilities, Energy Service Providers, and Community Choice Aggregators operating in California to obtain 20 percent of their retail sales from renewable energy sources by 2010.

For more information on the CPUC, please visit www.cpuc.ca.gov.

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