Archive | Funding and financing RSS feed for this section

Overlooked Energy Efficiency Gets its Due in Building Decarbonization

4 Dec

The often forgotten middle child of the clean energy family, energy efficiency, shared center stage with other carbon emissions cutting measures targeting California homes and commercial buildings. Energy efficiency has “a lot of ties with decarbonization,” said Commission Andrew McAllister during the CEC’s Dec. 4 workshop on cutting greenhouse gases from buildings 40 percent by […]

CAISO Report Seeks to Advance Energy Storage

3 Dec

Opportunities and barriers to energy storage deployment in order to green the grid in California and Europe are the focus of a California Independent System Operator report. “Accelerating the spread of energy storage will propel a renewables-based energy system–alongside increased flexibility options and a better use of (existing) infrastructure–and subsequently help reach ambitious Paris Agreement […]

FERC Nominee & Clean Energy Bills Advance

19 Nov

The U.S. Senate Energy & Natural Resources Committee sent its recommended approval of Federal Energy Regulatory Commission nominee James Danly to the full Senate. Danly, a Republican nominee, gained the panel’s backing Nov. 19 on a 12-8 vote. Sen. Joe Manchin (D-WV) who supported Danly, objected again to the White House’s refusal to move on […]

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. […]

Innovation & Clean Energy Bills Aired by U.S. Senate Panel

6 Nov

Nearly a dozen energy bills, from promoting renewable energy innovation to increasing grid cybersecurity, were presented to a U.S. Senate Energy & Natural Resources Committee subcommittee Nov. 6. A key focus of the package is beefing up energy technology innovation to “lower emissions and maintain a modern economy,” said Sen. Bill Cassidy (R-LA). “Advancing non-polluting […]

CPUC Approves Ratepayers Paying $10.5 B into Wildfire Fund

24 Oct

A wind-driven blaze that grew from 300 to 10,000 acres overnight in Sonoma County was the background for the California Public Utilities Commission’s Oct. 24 meeting. During the meeting held in Redding, regulators unanimously approved collecting $10.5 billion from utility ratepayers for a $21 billion utility wildfire fund. Southern California also was experiencing weather driven […]

House Panel Weighs How to Cut Transportation Emissions

24 Oct

Slashing emissions from ports, trucks and jets requires federal policy changes and financial assistance, lawmakers were told during an Oct. 23 House Environment & Climate Change Subcommittee hearing. The Wednesday hearing examined how these sources of greenhouse gases can be cleaned up to help the U.S. achieve a carbon lite economy by 2050. “Fast, efficient […]

The Buzz

10 Oct

Pacific Gas & Electric’s handling of its unprecedented power shutoffs to more than 700,000 has customers and regulators up in arms. PG&E also doesn’t get a warm reception in bankruptcy court. The judge rejects its effort to again have him ignore a competing plan to reorganize PG&E’s massive debts. Over at the California Public Utilities […]

Private Utilities Reap $26M in Efficiency Awards

10 Oct

In spite of mixed emotions, state energy regulators Oct. 10 unanimously approved $26 million in energy efficiency awards to the state’s four private electric and gas utilities. California Public Utilities Commission member Liane Randolph said that the approved resolution allowing the awards highlights troubling areas. The effectiveness of the CPUC’s whole performance incentive structure, therefore, […]

PG&E Launches Major Outages, Lines up $35B in Financing

8 Oct

Updated Oct. 10 Pacific Gas & Electric instituted power shutoffs across large swaths of California because of high fire danger midweek. Earlier, it unsuccessfully urged the federal bankruptcy court to hose an unwelcome reorganization proposal. Starting around midnight on Wednesday, PG&E began shutting off power to 800,000 customers. The shutoffs began in the counties in […]

Proposed $65M Fine for PG&E’s Bogus Records Gets Slammed

7 Oct

Pacific Gas & Electric agreed to pay a $65 million fine for falsifying records on the locations of its underground gas and electric pipelines, impacting the safety of excavators in and outside the company. The penalty also is for risks the utility caused by hiding its late responses to excavators’ requests. The Utility Reform Network […]

CPUC OKs 27% & 17% Revenue Rise for Sempra Utilities

26 Sep

The California Public Utilities Commission Sept. 26 unanimously adopted a 13.78 percent increase in SoCal Gas’ 2019 test year revenue requirement over last year’s rates to reach nearly $2.8 billion. The hike was made as part of the Sempra utility’s 2019-21 general rate case. The five commissioners also signed off on a higher revenue requirement […]

Federal Alternative Energy Bills Advance

25 Sep

The U.S. Senate Energy & Natural Resources Committee Sept. 25 forwarded to the U.S. Senate legislation focused on energy storage, energy efficiency, and industrial emissions reductions. The measures “can serve as the bipartisan pillars of a robust energy package centered on innovation and efficiency,” said Sen. Lisa Murkowski (R-AL), Committee chair. Among the measures advanced […]

Gov. Directs Money & Climate Protection Alignment

23 Sep

Gov. Gavin Newsom signed an executive order Sept. 20 directing the leveraging of the state’s $700 billion pension investment funds to promote increased climate protection in California. That is to include tapping into the California Public Employees Retirement System, California State Teachers Retirement System and the University of California Retirement funds. Newsom also inked two […]

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 […]

Grappling with Industrial Decarbonization

19 Sep

How to drive down industrial greenhouse gas emissions to reach a 100 percent clean energy economy by 2050 was the daunting task debated at a Sept. 18 House Energy and Commerce Committee hearing. “Transforming our economy to one that is 100 percent clean will be tough and will take significant resources and ingenuity, but it […]

The US is Behind Rare Mineral Curve Big Time

17 Sep

The surge in renewable energy and electric vehicles highlights the risks of importing limited essential minerals from opaque markets, many in unstable regions. The matter is further exacerbated by the United States’ failure to compete in this area. “Batteries don’t work without lithium, graphite, cobalt and nickel; solar panels require silver, gallium, indium, tellurium; and […]

The Buzz

13 Sep

The California Public Utilities Commission votes to increase PG&E’s gas transmission and storage revenue this year to $1.3 billion, with even bigger raises the next couple of years. State energy regulators direct $100 million in unspent clean energy incentives to low-income ratepayers and critical services providers for energy storage installations in areas with high wildfire […]

CEC Okays $95M for Clean Transportation

11 Sep

The California Energy Commission Sept. 12 unanimously approved spending $95.2 million on alternative-fueled vehicles and fueling stations the next year to help the state get closer to becoming a carbon neutral economy by 2045. “We can’t get to our health-based air quality standards, our greenhouse gas reduction goals and carbon light future without this investment […]

Hydrogen Can Make its Mark in CA’s Energy Market

29 Aug

Renewable hydrogen is expected to play an important role in the Golden State’s decarbonization efforts. It’s potentially a “multi-billion dollar industry in California,” Jeff Reed, U.C. Irvine’s Energy & Power Program chief scientist, told the California Energy Commission. There will be “a sustainable renewable hydrogen market place” by the mid- to late-2020s, said Reed during […]