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The Buzz

16 May

It is better late than never for Southern California Edison, which finally gets its 2018-2020 rate case approved. State energy regulators okay a revenue requirement for 2018 of nearly $5.2 billion. Over the three-year period, Edison will reap a 4 percent increase, not counting recovery of its wildfire safety costs. Utility regulators this week also […]

PG&E Found Liable for 2018 Camp Fire

15 May

After the stock market closed May 15, CalFire quietly announced that Pacific Gas & Electric was responsible for the state’s most destructive fire: the 2018 Camp Fire in Butte County. “After a very meticulous and thorough investigation, CalFire has determined that the Camp Fire was caused by electrical transmission lines owned and operated by Pacific […]

Mitigation Fee Proposed for Water-Cooled Plants

15 May

A phase out of the use of seawater to cool spinning turbines in power plants was mandated in 2010 to reduce coastal ecosystem harm. Since 2015, plant owners have been allowed to pay annual mitigation fees until they slash use of once-through-cooling or shut down their facilities. The annual fee rises with the amount of […]

Undercurrents: Lawmakers Examine CPUC Safety Office

14 May

Updated May 15 Whether the California Public Utilities Commission’s fairly young Office of Safety Advocates is increasing safety at the CPUC and utilities was the focus of a May 14 hearing by the Senate Energy, Utilities & Communications Subcommittee on Gas, Electric & Transportation Safety. A key challenge remains insufficient resources for the safety office. […]

Fog City Explores Take Over of PG&E Wires

14 May

If San Francisco replaced bankrupt Pacific Gas & Electric’s power delivery services and assets with its public utility, the city could reap considerable benefits. That is according to an explorative study by the San Francisco Public Utilities Commission staff released May 13. “While any sort of acquisition of PG&E property would be a lengthy process, […]

The Buzz

2 May

PG&E’s first quarter earnings this year are far from rosy, but not as grim as expected. Earnings take an expected hit from wildfire, bankruptcy and safety expenses, which PG&E hopes to more than recoup from energy regulators and ultimately ratepayers. Southern California Edison’s parent earnings rise but that doesn’t stop its CEO from whining that […]

PG&E Earnings Fall

2 May

Pacific Gas & Electric Corp’s latest earnings show income that is one-third of what it reported a year earlier, falling to $136 million at the end of the first quarter of 2019, or 25 cents per share. That compares to $442 million in net income reaped a year earlier, or 86 cents a share. The […]

Utility Wildfire Risk Reduction Plans Set for Approval

30 Apr

Proposed decisions released Monday by state energy regulators find that the private utilities’ 2019 wildfire mitigation plans meet the legislative mandates of SB 901. But, Pacific Gas & Electric, which appears to have the priciest plan of the three, is directed to track and prove the effectiveness of its various proposed measures to make sure […]

CPUC Decouples Wildfire Plan Approval & Cost Recovery

30 Apr

Three California Public Utilities Commission proposed decisions largely approve the private utilities’ wildfire mitigation plans, but their multi-billion dollar price tags don’t get the green light. CPUC Administrative Law Judges Sarah Thomas and Peter Allen proposed guidance for the trio of utilities’ mitigation plans under SB 901 states that cost recovery “is a separate matter,” […]

JUICE: Muddy Waters & Rates

30 Apr

While passing through a corner of Nevada along Highway 395 during a drive to the Eastern side of the Sierra I was struck by the differences in the price of gasoline in the Golden and Silver states. Filling up in Nevada April 19, I paid $3.30 a gallon, saving well over a dollar per gallon. […]

CPUC Calls for 12,000 MW of Renewables

25 Apr

State utility regulators April 25 acted on the first integrated resource plans from 48 power providers in California under their jurisdiction. The California Public Utilities Commission approved plans from 20 load serving entities. It also exempted nine from the planning requirement, and determined that another 19 submitted inadequate plans. Overall, according to Commissioner Liane Randolph, […]

PG&E Wants a 50%-plus Hike on its ROE

24 Apr

Pacific Gas & Electric is seeking an unprecedented increase in its rate of return that would raise its revenue requirement by $1.2 billion next year. In a filing to the California Public Utilities Commission, PG&E asked for a 56 percent boost in its return on equity, from the current 10. 25 percent rate to 16 […]

Senate Panel Backs Irrigation Big Hydro as Renewable

24 Apr

A state Senate committee April 24 voted to let the Turlock and Modesto Irrigation Districts meet their renewable portfolio standard requirements with power generated by the 203 MW Don Pedro Hydropower Project on the Tuolumne River. Today, power from such large dams is not considered eligible as a renewable resource. The panel also backed bills […]

Shorts

23 Apr

East Bay Community Energy April 23 launched a new grant program that will provide up to $40,000 to applicants for energy-related projects that deliver local benefits to targeted communities in areas such as job creation, workforce development, economic empowerment, and climate and social resilience. Eligible projects will include community-shared solar, energy conservation retrofits, workforce development […]

Shorts

16 Apr

Pacific Gas & Electric was one of three companies fined by federal energy regulators for violating cyber security protection rules, according to the Wall Street Journal. PG&E along with DTE Energy was sanctioned. David Ortiz, deputy director of FERC’s Office of Electric Reliability, told the Journal that although there are many cyberattacks, utilities rarely report […]

PG&E Safety Gaps Highlighted

16 Apr

In spite of ongoing safety issues and problems at Pacific Gas & Electric, the company lacks a “comprehensive safety strategy,” the California Public Utilities Commission was told April 15. PG&E does not have “a coordinated safety strategy that takes a look at the whole,” said Angela Anderson, project manager for Northstar Consulting. The company has […]

Newsom Calls for Wildfire Liability Reform

12 Apr

Gov. Gavin Newsom April 12 called on lawmakers to pass a legislative reform package to deal with the growing threat of wildfires, calling measures adopted to date “inadequate.” “We all have a burden and responsibility to meet the costs,” said Newsom. “We’re all in this together.” In a long and at times rambling press conference, […]

PG&E Board Approves New Directors

9 Apr

Two days after announcing its new slate of directors in response to concerns about the direction of the company that entered bankruptcy protection because of huge wildfire liability claims, Pacific Gas & Electric’s board approved 10 new directors. Last week, PG&E also appointed as its chief executive officer and president, former head of the Tennessee […]

Public & Safety Advocates Vet Utility Wildfire Plans

9 Apr

Numerous organizations are urging utility regulators to carefully scrutinize the effectiveness of utility wildfire risk mitigation plans filed earlier this year. They also want them to clarify that any approval of the plans will not equate to okaying utility expenditures to carry them out. The Public Advocates Office stated in comments filed with the commission […]

The Buzz

4 Apr

Bankrupt Pacific Gas & Electric announces a new slate of directors. The Tennessee Valley Authority’s former chief is named the new CEO, with final voting to take place at the end of May. California energy and waste regulators start to grapple with surging quantities of aging solar panels and batteries. Steps needed to avert a […]