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Volume I. Part I - California Public Utilities Commission

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PACIFIC GAS AND ELECTRIC COMPANY<br />

VOLUME 1 – 2006 LONG-TERM PROCUREMENT PLAN<br />

TABLE OF CONTENTS<br />

(CONTINUED)<br />

Section Title Page<br />

a. Planning III-4<br />

b. Competitive Procurement III-6<br />

c. Dispatch III-6<br />

3. Description of Procurement Products III-7<br />

a. Electric Products III-7<br />

b. Gas Products III-10<br />

4. Overview of Energy Product Markets III-12<br />

a. Exchanges III-13<br />

b. Inter-dealer (Voice) Brokers III-13<br />

c. Spot Markets III-14<br />

d. On-Line Auctions III-15<br />

e. RPS Solicitations III-15<br />

f. Energy Product Solicitations and RFOs III-15<br />

g. Bilaterally Negotiated Contracts III-15<br />

h. Inter-Utility Swaps III-16<br />

5. PG&E’s Procurement Contracting Methods and<br />

Practices<br />

III-16<br />

a. Procurement Practices and Methods for<br />

Short-Term and Medium-Term Transactions<br />

III-18<br />

b. Procurement Methods and Practices for<br />

Long-Term Transactions<br />

III-22<br />

c. Procurement Methods and Practices For<br />

RPS Transactions<br />

III-27<br />

d. Procurement Methods and Practices:<br />

Length of Time Between Contract Date and<br />

Delivery Commencement<br />

III-29<br />

6. Proposed Transaction Timing for Upcoming<br />

RFOs<br />

III-29<br />

a. Renewable RFOs III-30<br />

b. Short-Term/Medium-Term RFOs III-30<br />

-iii-

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