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San Diego Votes for Community Choice

17 Sep

California’s second largest city voted Sept. 17 to participate in the emerging San Diego Regional Community Choice Energy Authority. The San Diego City Council voted 7-2 to be a member of a regional choice program that is to launch in 2021. It is to aim for a 100 percent renewable portfolio by 2035. Last month, […]

PG&E Pitches $18B Reorganization Scheme

11 Sep

In order to exit bankruptcy court, Pacific Gas & Electric Sept. 9 proposed a $17.9 billion reorganization plan, which would limit wildfire claim payouts. The reorganization plan includes up to $8.4 billion for wildfire victims. Another $8.5 billion is included for insurance company claims. There’s also $1 billion for claims from cities and other public […]

SF Offers PG&E $2.5B for City Utility Assets

10 Sep

Prior to Pacific Gas & Electric filing its $18 billion reorganization proposal to exit bankruptcy, the San Francisco Public Utilities Commission offered the utility $2.5 billion to take over its electric power system in the city. The offer includes folding in local PG&E utility employees who decide to work for any expanded San Francisco power […]

Shorts

9 Sep

Updated Sept. 12. A California Public Utilities Commission proposal seeks to improve reliability and drive down greenhouse gases from the energy sector. It was released just after the CPUC’s Sept. 12  business meeting. The proposed decision directs private utilities, community choice aggregators and direct access providers to buy 2,500 MW  to ensure power flow reliability […]

MCE Credit Rating Considered Investment Grade

3 Sep

Marin Clean Energy received its second credit rating to date on Aug. 29—a BBB from Fitch Ratings. Earlier the state’s first community choice aggregator received a Baa2 rating from Moody’s in 2018. Marin Clean Energy Chief Executive Officer Dawn Weisz called the Fitch credit rating “further validation of MCE’s financial structure and California’s community choice […]

12th Solar Project Opens under MCE’s Feed-in Tariff

3 Sep

Marin Clean Energy notched up its support for solar power last week as it began receiving enough electricity for 1,000 homes from the 3 MW American Canyon Solar Project in Napa County. Completion of the facility on Aug. 27 marked the 12th small-scale renewable energy project completed in MCE’s service territory under the community choice […]

Shorts

19 Aug

San Diego Gas & Electric is folding an independent marketing arm set up to lobby against community choice aggregation in its service territory. Accordingly, the utility asked the California Public Utilities Commission late last month to revoke its plan for complying with a state policy that prevents utilities from using ratepayer funding to lobby regarding […]

Shorts

13 Aug

Pacific Gas & Electric appointed a new utility chief executive officer and president. Andrew Vesey was selected to head the bankrupt utility, PG&E announced Aug. 13. Vesey was the managing director and chief executive officer of AGL Energy in Australia from 2015 to 2018. The prior 11 years, he served as AES Corp.’s chief executive […]

Undercurrents: School Buses Going Electric

16 Jul

The California Energy Commission awarded $70 million July 15 to replace 200 old diesel school buses with all-electric buses at schools throughout the state. “Making the transition to electric school buses that don’t emit pollution provides children and their communities with cleaner air and numerous public health benefits,” said Energy Commissioner Patty Monahan. The electric […]

CCAs Prevail on Central Procurement Legislation

10 Jul

In the face of stiff and broad-based opposition, a state Senate committee July 10 declined to advance a bill to create a central power procurement authority to meet resource adequacy requirements. Assemblymember Eduardo Garcia (D-Coachella) could not muster the seven votes required to get his bill, AB 56, through the Senate Energy, Utilities, & Communications […]

The Buzz

3 Jul

Expected legislation incorporating the Governor’s wish list for a catastrophic wildfire recovery fund to bail out private utilities facing big liabilities is to get its first airing July 5. The Senate Energy, Utilities & Communications Committee approves bills shifting the cost of supply shortages to energy providers that fall short  and increasing the efficiency of […]

The Buzz

27 Jun

The California Public Utilities Commission announces it’s considering slapping penalties on PG&E for sparking huge wildfires in the fall of 2017. Earlier, state regulators unanimously approve a utility financial stress test with much consternation. They warn that the legislative mandate unfairly requires ratepayers to bail out utilities even if unacceptable behavior led to their wildfire liability. […]

Wildfire Risk Reduction Bills Pass

26 Jun

The Assembly Utilities & Energy Committee on Wednesday approved bills seeking to reduce the risk of utility-sparked wildfires and ensure that all energy providers meet state renewable requirements and follow their integrated resource plans. At a June 26 hearing, the committee passed SB 247, which would give CalFire authority over the utilities’ mandated wildfire safety […]

PG&E Creditors Propose $30B Reorganization Plan

26 Jun

A group of Pacific Gas & Electric bondholders and unsecured creditors are pushing a $30 billion financial health plan for the bankrupt utility that would be backed principally by new equity. The plan filed by the Ad Hoc Committee of Unsecured Noteholders June 25 asked U.S. Bankruptcy Court Judge Dennis Montali to end ahead of […]

Undercurrents: East Bay Energy Inks 200 MW of Clean Energy Deals

24 Jun

The East Bay Community Energy June 24 signed four contracts for 213.5 MW of wind and solar energy and battery storage projects. One of the four deals is a 10-year agreement for 20 MW of energy storage to provide resource adequacy. It is to partially replace the 40-year old polluting 165 MW Oakland power plant […]

Undercurrents: Trump Pulls Plug on Clean Power Plan

19 Jun

U.S. Environmental Protection Agency Administrator Andrew Wheeler signed a final rule on June 19 to repeal the Obama Administration’s Clean Power Plan. “Americans want reliable energy that they can afford,” said Wheeler at a news conference to announce the action. It will take effect as soon as the rule is published in the Federal Register. […]

Shorts

3 Jun

Updated June 6. East Bay Community Energy inked a ten-year contract with Vistra Energy to receive resource adequacy capacity from a 20-MW/80-MWh battery energy storage project that will allow the 165 MW fuel oil-fired Oakland Power Plant to close.  The contract is part of the Oakland Clean Energy Initiative, a plan developed earlier to replace […]

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 […]

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, […]