<SUBMISSION>
<ACCESSION-NUMBER>0001004980-04-000195
<TYPE>S-8 POS
<PUBLIC-DOCUMENT-COUNT>1
<FILING-DATE>20040805
<EFFECTIVENESS-DATE>20040805
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>PG&E CORP
<CIK>0001004980
<ASSIGNED-SIC>4931
<IRS-NUMBER>943234914
<STATE-OF-INCORPORATION>CA
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>S-8 POS
<ACT>33
<FILE-NUMBER>333-68155-99
<FILM-NUMBER>04954896
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>ONE MARKET SPEAR TOWER
<STREET2>SUITE 2400
<CITY>SAN FRANCISCO
<STATE>CA
<ZIP>94105
<PHONE>4152677000
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>ONE MARKET SPEAR TOWER
<STREET2>SUITE 2400
<CITY>SAN FRANCISCO
<STATE>CA
<ZIP>94105
</MAIL-ADDRESS>
<FORMER-COMPANY>
<FORMER-CONFORMED-NAME>PG&E PARENT CO INC
<DATE-CHANGED>19951214
</FORMER-COMPANY>
</FILER>
<DOCUMENT>
<TYPE>S-8 POS
<SEQUENCE>1
<FILENAME>pos2gtnw2004.htm
<DESCRIPTION>AMENDMENT NO. 2
<TEXT>
<html>
<head>
<title>S-8 2004 POS #2 GTNW</title>
</head>
<body>
<div>
<p align="right">As filed with the Securities and Exchange
Commission on August 5, 2004<br>
Registration No. 333-68155-99</p>

<p align="center">
===========================================================================</p>

<div align="center">
<table border="0" cellspacing="0" cellpadding="0">
<tr>
<td colspan="2" valign="top">
<p align="center">SECURITIES AND EXCHANGE COMMISSION</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">Washington, D.C.&nbsp; 20549</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">POST-EFFECTIVE AMENDMENT NO. 2 TO</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">FORM S-8</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">REGISTRATION STATEMENT</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">Under</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">THE SECURITIES ACT OF 1933</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top"></td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">PG&amp;E CORPORATION</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">(Exact name of registrant as specified in its
charter)</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
</tr>

<tr>
<td valign="top">
<p align="center">California</p>
</td>
<td valign="top">
<p align="center">94-3234914</p>
</td>
</tr>

<tr>
<td valign="top">
<p align="center">(State or other jurisdiction<br />
 of incorporation or organization)</p>
</td>
<td valign="top">
<p align="center"><br />
 (I.R.S. Employer Identification No.)</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">One Market, Spear Street Tower, Suite 2400</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">San Francisco, California 94105</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">(Address of principal executive offices) (zip
code)</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">PG&amp;E GAS TRANSMISSION, NORTHWEST CORPORATION
SAVINGS FUND PLAN<br>
FOR NON-MANAGEMENT EMPLOYEES<br>
PG&amp;E GAS TRANSMISSION, NORTHWEST CORPORATION
SAVINGS FUND PLAN<br>
FOR MANAGEMENT EMPLOYEES<br>
(Full title of the Plans)</p>

</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">Gary P. Encinas, Esq.<br />
 One Market, Spear Tower<br />
 Suite 400<br />
 San Francisco, California 94105<br />
 (Name and address of agent for service)</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">Telephone number, including area code, of agent
for service:(415) 817-8201</p>
</td>
</tr>

<tr>
<td colspan="2" valign="top">
<p align="center">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
</tr>
</table>
</div>

<hr>

<br clear="all" />


<p>The PG&amp;E Gas Transmission, Northwest Corporation Savings
Fund Plan for Non-Management Employees (Plan) has merged into the
PG&amp;E Corporation Retirement Savings Plan.&nbsp; This
Post-Effective Amendment No. 2 to Registration Statement No.
333-68155 is being filed solely to deregister all unsold shares of
PG&amp;E Corporation common stock and an indeterminate amount of
corresponding plan interests previously registered for offer and
sale to the participants in the Plan.</p>

<br clear="all" />


<hr>


<p align="center">SIGNATURES</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Registrant.&nbsp; Pursuant to the requirements of the Securities
Act of 1933, the registrant certifies that it has reasonable
grounds to believe that it meets all of the requirements for filing
a post-effective amendment to Form S-8 and has duly caused this
Post-effective Amendment No. 2 to Registration Statement No.
333-68155 to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City and County of San Francisco, State of
California, on the 5th day of August, 2004.</p>

<p><br />
</p>

<table border="0" cellspacing="0" cellpadding="0">
<tr>
<td valign="top">
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
<td valign="top">
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
<td valign="top">
<p>PG&amp;E CORPORATION</p>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top"></td>
<td valign="top">
<p>&nbsp;&nbsp;&nbsp;(Registrant)</p>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top"></td>
<td valign="top"><br>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top"></td>
<td valign="top">
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GARY P. ENCINAS</p>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top">
<p align="right">By</p>
</td>
<td valign="top">
<p>
<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></p>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top"></td>
<td valign="top">
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GARY P. ENCINAS</p>
</td>
</tr>
</table>

<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Plan.&nbsp; Pursuant to the requirements of the Securities Act of
1933, the administrator of the Plan listed below has duly caused
this Post-Effective Amendment No. 2 to Registration Statement No.
333-68155 to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City and County of San Francisco, State of
California, on the 5th day of August 2004.</p>

<table border="0" cellspacing="0" cellpadding="0">
<tr>
<td valign="top">
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
<td valign="top">
<p>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
</td>
<td valign="top">
<p>PG&amp;E CORPORATION RETIREMENT SAVINGS PLAN AS SUCCEESOR TO THE
PG&amp;E GAS TRANSMISSION, NORTHWEST CORPORATION SAVINGS FUND PLAN
FOR MANAGEMENT EMPLOYEES AND THE PG&amp;E GAS TRANSMISSION,
NORTHWEST CORPORATION SAVINGS FUND PLAN FOR NON-MANAGEMENT
EMPLOYEES<br>
</p>

</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top"></td>
<td valign="top"><br>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top"></td>
<td valign="top">
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BRUCE R. WORTHINGTON</p>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top">
<p align="right">By</p>
</td>
<td valign="top">
<p>
<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></p>
</td>
</tr>

<tr>
<td valign="top"></td>
<td valign="top"></td>
<td valign="top">
<p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bruce R. Worthington<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman, Employee Benefit
Committee</p>

</td>
</tr>
</table>

<br clear="all" />


</div>
</body>
</html>


</TEXT>
</DOCUMENT>
</SUBMISSION>
