Archive | Market issues RSS feed for this section

State Faces Tighter Power Supplies, CPUC Warns

23 May

California is becoming increasingly dependent on out-of-state power to meet peak needs. At the same time, concerns about the state’s increasing vulnerability to the  exercise of “market power,” which could spike prices, is rising, according to a California Public Utilities Commission official. “There’s a general tightening of resource adequacy supply,” Simon Baker, Energy Division deputy […]

Undercurrents: Corrosion Named Culprit in Aliso Canyon Leak

21 May

An investigation into the root cause of the massive 2015-16 methane leak at the SoCal Gas Aliso Canyon natural gas storage facility found the direct cause was a rupture of the outer 7-inch well casing due to microbial corrosion from the outside because of contact with groundwater. The report, released May 17 by the California […]

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, […]

Opinionated:To CPE or Not To CPE

14 May

By Steven Kelly After many years of work, the California Public Utilities Commission earlier this year finally adopted a multi-year resource adequacy program to help ensure grid reliability. Now, the CPUC is considering additional changes to the adopted framework, particularly the insertion of a “central procurement entity” to mitigate the risk that the California Independent […]

Shorts

14 May

The Turlock Irrigation District in the Central Valley plans to join the Western Energy Imbalance market in 2021. It signed an agreement to become part of the California Independent System Operators’ real time market, the grid operator announced May 14. “TID’s participation in the energy imbalance market will lead to a greater utilization of our […]

Shorts

6 May

Updated May 9. Renewable energy continued to grow as a source of electricity in California and its price continued to fall in 2018, according to a report by the California Public Utilities Commission released May 8. Among the state’s large investor-owned utilities, the level of renewable power increased from 36 percent to 40 percent from […]

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 […]

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 […]

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 […]

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. […]

Shorts

29 Apr

Updated May 2 On a 36-0 vote, the State Senate confirmed Commissioner David Hochschild to the California Energy Commission May 2. He was appointed the chair of the agency by Gov. Gavin Newsom in February, replacing outgoing Chair Bob Weisenmiller. “Taking the helm of the Commission is both a great honor and responsibility during this […]

Central Procurement Bill Advances After Being Narrowed

23 Apr

An Assembly committee April 22 approved two key pieces of legislation, including a bill to establish a state-run backstop power procurement program and another to order state energy officials to investigate recent or future natural gas price spikes. The Assembly Natural Resources Committee passed AB 56 by Assemblymember Eduardo Garcia (D-Coachella) on a 6-2 vote. […]

West Coast Utilities Coordinate on Big Truck Electrification

18 Apr

A study on electrifying the 1,350 mile route from Mexico to Canada for medium- and heavy-duty trucks is being launched by a coalition of nearly three dozen West Coast private and public utilities and organizations. The study by this West Coast Clean Transit Corridor Initiative, announced April 18, is to evaluate how, where and the […]

FERC Continues to Exclude GHG Impacts in Project Decisions

18 Apr

Two major liquefied natural gas facilities export projects in Texas and Louisiana were approved 3-1 by the Federal Energy Regulatory Commission, although the decisions omit evaluations of their direct and cumulative greenhouse gas impacts. Commissioner Cheryl LaFleur, who cast the decisive yes vote at the April 18 meeting, welcomed the projects and the decisions including […]

New PG&E Head to Reap $9M in Year One

16 Apr

The new chief executive officer of bankrupt Pacific Gas & Electric will receive $9 million his first year on the job at the troubled company. According to PG&E’s April 16 Securities & Exchange Commission filing, the base salary of Bill Johnson, former head of the Tennessee Valley Authority, is $2.5 million. He also is to […]

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, […]

Opinionated: Remaking the Grid Part 2

10 Apr

Q & A with Lorenzo Kristov The California Independent System Operator’s former principal of market design and infrastructure policy Editor’s Note: In a recent editorial in the San Francisco Chronicle, Lorenzo Kristov and Mark Ferron, former CAISO board member, advocated for an “open access” distribution system and indicated that local planning increasingly is “where the action […]

PG&E Proposes New CEO & Board

4 Apr

In response to significant pressure to overhaul its board after filing for Chapter 11 bankruptcy, Pacific Gas & Electric announced a new slate of directors April 3. It would put the former President and Chief Executive Officer of the Tennessee Valley Authority, William Johnson, at the head.  As part of its board “refreshment process,” PG&E […]

Seeking to Avoid a Huge PV Panel & Battery Mess

4 Apr

Solar panels installed with state subsidies are starting to reach the end of their lives, but California lacks a plan to dispose, reuse or recycle them. The numbers of aging panels are increasing given the continued growth in photovoltaic installations. Making matters worse is that huge amounts of batteries used in energy storage and vehicles […]