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572 - PG&E - part one
The Dollop with Dave Anthony and Gareth Reynolds
Is PG&E Splitting It Off?
PG&E sells off most of its large gas plants and all of its geothermal facilities. This meant the company would buy power from the energy generators at fluctuating prices. The thinking was with deregulation, PG&E could pay off all the debts from plants like Diablo Canyon.
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