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“Vulture Capitalist” Pushes for Sale of Sempra Assets

12 Jun

Will Sempra Energy suffer a fate similar to NRG? The same two private investment firms bought up a substantial number of shares of the parent company of San Diego Gas & Electric and SoCal Gas and are trying to force a sale of assets to generate cash, like they successfully did with NRG. The equivalent […]

Undercurrents

5 Jun

East Bay Community Energy is one of the first community choice aggregation programs in California to develop a community economic development plan aimed at leveraging local control over power procurement to create local jobs and business development opportunities. The draft plan issued June 4 “is intended to develop a comprehensive framework for accelerating the development […]

CPUC Backs Major Utility Spending on EV Charging

31 May

The California Public Utilities Commission May 31 authorized the state’s investor-owned power utilities to spend $738 million of ratepayer money on electric vehicle charging infrastructure, with a heavy emphasis on electric truck and bus charging. “The only way to get to a largely carbon-free California is by substantially electrifying the state’s vast transportation system,” said […]

The Buzz

24 May

The California Independent System Operator weighs increasing payments, primarily to battery-based storage. Multiple revenue streams are being considered for energy storage that provides transmission and other services in its markets. Critics warn that lack of an honest dialogue with the Air Resources Board over excess carbon allowances will cause the state to miss its target […]

Marin Clean Energy Lands “Stable” Credit Rating

22 May

Marin Clean Energy, California’s first community choice organization, is the first of the state’s community choice aggregators to receive a credit rating. Moody’s Investor Services assigned Marin Clean Energy a “stable” Baa2 rating. The rating solidifies its financial standing, including by lowering its borrowing costs. The first of its kind credit rating notes the strength […]

Juice: Start Small on Electric Truck Charging

22 May

As the Springsteen song goes: “From small things, mama, one day big things come.” The California Public Utilities Commission should take note and resist pressure to significantly increase utility investments in heavy-duty electric vehicle charging infrastructure. Despite calls to do so by clean air advocates and utility executives, it’s wise to take small steps towards […]

The Buzz

17 May

Utility regulators get big push back on a proposal authorizing the investor-owned electric utilities to spend almost $600 million of ratepayer money on electric vehicle charging infrastructure. Southern California Edison complains it has zippo financial appeal. Federal energy regulators order Pacific Gas & Electric to settle complaints over $500 million in alleged overcharges in last […]

Utilities Seek Max Return on EV Charging Program

17 May

Utility regulators came under heavy pressure this week to throw out a proposed decision authorizing California’s investor-owned electric utilities to spend some $600 million of ratepayer money on electric vehicle charging infrastructure. During an all-parties meeting May 17, following the California Public Utilities Commission’s vote postponement on the proposal earlier this month, utilities complained it […]

FERC Orders PG&E Transmission Settlement

17 May

Federal energy regulators May 17 ordered Pacific Gas & Electric to reach a settlement with eight organizations that complained last year about the utility’s rates for transmitting power. At issue is more than $500 million of potential utility overcharges. The Federal Energy Regulatory Commission approved the order without comment as part of its consent calendar […]

CEC Backs Solar for All New Homes

9 May

Virtually all new homes built in California beginning in 2020 will have to be outfitted with solar panels and be super efficient under energy efficiency standards for new residential construction approved unanimously by the California Energy Commission May 9. “The marketplace is ready,” said Commissioner Andrew McAllister, who oversaw development of the new building standards. […]

More Generators Earnings Higher than Lower

8 May

Generators saw improved earnings during the first quarter of 2018, with the exception of Vistra, which took over Dynegy. AES: With major power plants in California, this worldwide energy company saw $684 million in earnings in the first quarter of 2018 compared to a loss of $24 million in the first quarter of 2017. On […]

Earnings Down for Two of Three IOUs

8 May

Utility earnings varied during the first quarter of 2018, with Sempra Energy up and Edison and Pacific Gas & Electric down compared to the first three months of 2017. Edison International: The parent company of Southern California Edison had lower earnings in the first quarter of 2018 compared to the same period in 2017, with […]

Shorts

25 Apr

Votes on competing decisions to provide subsidies for installing solar rooftops in disadvantaged communities were postponed by the California Public Utilities Commission April 25. Both decisions would provide $10 million/year to the Disadvantaged Communities Solar Homes program, funded by revenue from the Air Resources Board’s carbon allowance market auction. Also included in both decisions is […]

Undercurrents

18 Apr

Updated April 19. A group of Los Angeles County homeowners filed a class-action lawsuit earlier this month alleging that Renovate America and Renew Financial, which contract with Los Angeles County to operate the Property Assessed Clean Energy (PACE) financing program, failed to offer basic consumer protections. The suit claims that PACE loans provided by the […]

Clean Tech: My Dream All-Electric Granny Flat

9 Apr

I am exploring how to make a granny flat my wife and I plan to build all-electric. We want to eliminate emissions from burning natural gas and take advantage of our solar rooftop. Part of the plan may include upsizing our solar system to cover the additional square footage we’ll add. So with a few […]

Undercurrents: PCIA Struggle Heats Up

4 Apr

Clashing proposals on revising or replacing the California Public Utilities Commission’s controversial power charge indifference adjustment were submitted to regulators April 2. This cost adjustment method determines how much community choice organizations must pay the private utilities for their stranded power purchase contracts. Pacific Gas & Electric Company, Southern California Edison, and San Diego Gas […]

Resource Adequacy Unknowns May Delay LA Choice

22 Mar

The Southern California Clean Power Alliance may scale back its launch to business and institutional customers this June, and residential customers toward the end of this year. It should be able to serve unincorporated areas of Los Angeles County and cities that signed early, however. Behind the potentially limited start is an apparent inability to […]

Opinionated: The Long & Winding Road to End Nuclear Power in California

19 Mar

By The Alliance for Nuclear Responsibility The end of commercial nuclear power in California approaches, a little more than half a century after it began. Of all the promises and boasts made by the early proponents of nuclear energy, their claim of “too cheap to meter” would eventually prove to be its undoing—at least here […]

FERC Rejects Social Cost of Carbon as Analytical Tool

15 Mar

As California lawmakers hear warnings that the Federal Energy Regulatory Commission could pre-empt the state’s climate change policies if the California Independent System Operator creates a unified power market, federal regulators this week gave short shrift to the full climate change impacts of new natural gas pipelines. Meeting in Washington March 15, FERC approved a […]

Major Power Plant Retirements in So Cal

14 Mar

Merchant generators struggling in California are closing and selling off gas-fired generating facilities to stem the flow of red ink. After contracts for the output of three aging natural gas power plants in Southern California owned by NRG subsidiary, GenOn, were not renewed, the company threw in the towel. Slated for retirement over six months […]