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The Buzz

7 Nov

The liability boulder around Pacific Gas & Electric’s neck may thwart its rescue by the federal bankruptcy court, its latest earnings report warnd. Meanwhile, the push for a public takeover of PG&E intensifies. State energy regulators unanimously approve requiring utilities, community choice and other providers to line up an additional 3,300 MW of energy reserves. […]

Democrats Object to FERC Appointee Hearing

5 Nov

In spite of no action by the White House on the unfilled Democratic seat at the Federal Energy Regulatory Commission, the U.S. Senate Natural Resources & Energy Committee Nov. 5 vetted Republican FERC nominee James Danly. Committee Chair Sen. Lisa Murkowski (R-AK) said it was acceptable to hold the hearing because President Donald Trump had […]

FERC: No Showstoppers for Winter Energy Supplies

17 Oct

With a warmer than normal winter expected, electricity and natural gas supplies this winter are expected to be both adequate and affordable, according to the Federal Energy Regulatory Commission’s latest energy market assessment. Natural gas storage levels are at the five-year average level and gas prices are down from last winter. FERC projects a price […]

Shorts

30 Sep

Updated Oct. 3. A ratepayer advocate group is taking Pacific Gas & Electric to task for its legal bills as the giant utility moves through its bankruptcy proceeding. The Utility Reform Network Oct. 3 blasted PG&E for spending $140 million on legal fees in the first few months of the  proceeding, paying attorneys $1,500 an […]

Pumped Storage Project Contested at FERC

30 Sep

A long planned pumped hydro energy storage project the developer claims will help California reach its 100 percent carbon-free electricity goal faces environmental objections in its Federal Energy Regulatory Commission licensing process. Last week, Orange County Coastkeeper protested the proposed 500 MW project planned at Lake Elsinore in Riverside County. The environmental organization claims related […]

The Buzz

19 Sep

Trump’s claim that California’s Clean Air Act waiver is preempted by federal law drives state air regulators to look at other ways to slash climate pollution from the transportation sector. Two Republican federal energy regulators approve a proposal to alter the 40-year old law protecting small renewable projects and co-generation. The dissenting Democratic commissioner says […]

ARB Seeks Emissions Cuts Elsewhere, w/ CA Waiver Revoked

19 Sep

The U.S Environmental Protection Agency and the National Highway Traffic Safety Administration yanked California’s ability to set vehicle emission standards tighter than federal ones, as promised. The Sept. 18 revocation of the state’s waiver authority under the federal Clean Air Act also undermines California’s zero emissions vehicle program, further undermining its climate protection work. Mary […]

FERC Pitches Controversial PURPA Reforms

19 Sep

Two of the three federal energy regulators Sept. 19 voted out a proposed rulemaking to change the federal law protecting small renewable projects and cogeneration facilities. The dissenting commissioner warned the move would gut the 1978 Public Utility Regulatory Policies Act. The Federal Energy Regulatory Commission’s Notice of Proposed Rulemaking to reform the law is […]

Inside the Beltway: Light Bulbs & Cybersecurity

4 Sep

In a strike against supposed elite environmentalism, the Trump Administration Sept. 4 reversed regulations designed to advance the use of LED lighting to specialty bulbs. It also signaled it soon plans to rescind the LED standard for general lighting. The American Council for an Energy-Efficient Economy and the Appliance Standards Awareness Project estimate that eliminating […]

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 […]

Inside the Beltway: Lawmakers Clash on Auto Standards

20 Jun

Legislators and policy makers displayed wide differences regarding the future of automotive standards aimed at curbing greenhouse gas emissions June 20 during a joint hearing of the House Energy & Commerce Consumer Protection & Commerce and Environment & Climate Change Subcommittees. The panels delved into the Trump Administration’s plan to freeze Obama era standards modeled […]

House Energy Puts GHGs & Storage Center Stage

12 Jun

The growing importance of assessing the greenhouse gas impacts of natural gas project permitting and better integrating distributed energy and energy storage into the wholesale market was stressed this week by a House Energy & Commerce Committee subpanel. The June 12 hearing of the Energy Subcommittee focused on the Federal Energy Regulatory Commission’s policies and […]

Montali Rules FERC Has No Say over PG&E Power Deals

10 Jun

A federal bankruptcy court judge ruled in Pacific Gas & Electric’s favor on who controls the more than $40 billion in PG&E’s renewable and gas power purchase agreements. Judge Dennis Montali held that his court, not federal energy regulators, has say over the multi-million dollar deals signed by PG&E. The utility is in the midst […]

Undercurrents: CAISO Is New Western Reliability Coordinator

5 Jun

The North American Electric Reliability Corp. early this week approved the California Independent System Operator as the West’s new reliability coordinator. With NERC certification in hand, CAISO will begin offering reliability coordinator services to electricity balancing authorities across the western states and in part of Mexico on July 1. “The NERC certification is an important […]

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 […]

FERC Reiterates Support for Storage, Sees Solid Summer Supply in CA

16 May

The Federal Energy Regulatory Commission on a 3-1 vote cast May 16 denied a rehearing request of its orders seeking to advance participation of energy storage technologies in wholesale power markets. The orders included prohibiting states from not feeding their storage resources into the wholesale market. “Energy storage,” said Neil Chatterjee, FERC chair, “has the […]

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 […]

Edison Head Says CPUC Impedes Financial Recovery

1 May

The parent company of Southern California Edison, Edison International, reported stronger earnings, with total net income of $308 million the first three months of 2018, compared to $242 million in the first quarter of 2018. Subtracting out corporate costs, the net profit for Edison shareholders was $278 million, or 85 cents per share, the first […]

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 […]