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PG&E Commends Release Of Nuclear Spent Fuel Legislation By Bipartisan Senate Working Group

Release Date: July 8, 2013
Contact: PG&E External Communications (415) 973-5930

SAN FRANCISCO, Calif. – Pacific Gas and Electric Company (PG&E) released the following statement today from Tony Earley, Chairman, CEO and President of PG&E Corporation, regarding the release of nuclear spent fuel legislation by a bipartisan Senate working group:

"We at PG&E commend the bipartisan effort by leading Senators, including Senator Feinstein, to advance both comprehensive and targeted legislation that would compel the federal government to proceed with a community, consent-based process to establish interim consolidated nuclear fuel storage sites. These legislative efforts build off of the Blue Ribbon Commission recommendations, which received broad-based support. While we are still reviewing the legislation, we believe that Congress has a real opportunity to put the government on track to assume its obligation regarding spent nuclear fuel.

"At the same time, we also support the calls of others in Congress and legal efforts for the Nuclear Regulatory Commission to resume the licensing of Yucca Mountain, recognizing that Yucca Mountain is one piece of the overall strategy for management of the back-end of the nuclear fuel cycle. While we wait for the court's decision and subsequent action from the NRC on Yucca Mountain, we believe Congress should proceed with legislation to advance interim, consolidated storage. It's imperative that we continue to move forward.

"PG&E owns Humboldt Bay Power Plant, which is in the process of decommissioning, and our Diablo Canyon Power Plant, which provides safe, reliable, clean and affordable energy to more than three million Californians. We are working to make our customers whole for the costs borne for storing spent fuel on-site at both of these facilities. We are fulfilling our promise, and believe the federal government needs to do the same by taking charge of managing spent fuel."

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with 20,000 employees, the company delivers some of the nation’s cleanest energy to 15 million people in Northern and Central California. For more information, visit: http://www.pge.com/about/newsroom/ and www.pgecurrents.com.

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