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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 […]

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 […]

Pipeline Safety Hamstrung by Cost-Benefit Rule

1 May

The head of the federal Pipeline & Hazardous Materials Safety Administration was grilled over recent and past deadly natural gas and petroleum pipeline accidents during a May 1 hearing by the House Energy & Commerce Committee. Among the incidents were pipe blowouts in Santa Barbara in 2015 and San Bruno in 2010. “We have a […]

Undercurrents

1 May

Updated May 2 The California Public Utilities Commission staff proposal outlining the criteria and methodology for utilities to recovery wildfire expenses under SB 901 is being challenged by a group of stakeholders. Specifically being contested is staff’s restricted definition of “customer harm.” It fails to include “harm involved in the form of funds paid out […]

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 […]

CPUC Decouples Wildfire Plan Approval & Cost Recovery

30 Apr

Three California Public Utilities Commission proposed decisions largely approve the private utilities’ wildfire mitigation plans, but their multi-billion dollar price tags don’t get the green light. CPUC Administrative Law Judges Sarah Thomas and Peter Allen proposed guidance for the trio of utilities’ mitigation plans under SB 901 states that cost recovery “is a separate matter,” […]

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 […]

The Buzz

25 Apr

Legislators advance a bill to establish a state wildfire liability insurance fund that utilities would pay into to as a way to make up for insurance market inadequacies. Additional legislation moving ahead in Sacramento this week includes a bill to create a state-run central procurement authority for resource adequacy and to mandate up to 4,000 […]

Wildfire Catastrophe Fund Bill Clears Key Panel

25 Apr

The Assembly Utilities & Energy Committee backed a measure to establish a state-organized wildfire insurance fund that utilities could pay into in the absence of adequate fire liability policies in the insurance market. Meeting April 25, the panel approved AB 235, The California Wildfire Catastrophe Fund Act by Assemblymember Chad Mayes (R-Yucca Valley), on a […]

CPUC Calls for 12,000 MW of Renewables

25 Apr

State utility regulators April 25 acted on the first integrated resource plans from 48 power providers in California under their jurisdiction. The California Public Utilities Commission approved plans from 20 load serving entities. It also exempted nine from the planning requirement, and determined that another 19 submitted inadequate plans. Overall, according to Commissioner Liane Randolph, […]

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 […]

Senate Panel Backs Irrigation Big Hydro as Renewable

24 Apr

A state Senate committee April 24 voted to let the Turlock and Modesto Irrigation Districts meet their renewable portfolio standard requirements with power generated by the 203 MW Don Pedro Hydropower Project on the Tuolumne River. Today, power from such large dams is not considered eligible as a renewable resource. The panel also backed bills […]

Juice: Arnold’s Lasting Legacy

24 Apr

Former Gov. Arnold Schwarzenegger’s Cal-EPA Secretary strolled down memory lane on Earth Day 2019 to assess the former governor’s chief achievements on clean energy and the environment. In a keynote address at the California Institute of Technology’s Earth Day program, Terry Tamminen breezed over what most Californians might think was Schwarzenegger’s key legacy, namely carbon […]

Cost of Bulk Storage Measure is Top Concern

24 Apr

Sparks flew in the state Capitol April 24 over a bill to require the grid operator to contract for up to 4,000 MW of large-scale, long duration storage capacity employing pumped storage and possibly other technologies. While the measure, SB 772 by Sen. Steve Bradford (D-Gardena), was approved by the committee 8-1, lawmakers moved it […]

Power Line Fire Safety Bills Gain Ground

23 Apr

Energy-related legislation continued to move ahead in the state Senate April 23, with two measures clearing the Natural Resources & Water Committee. SB 247 by Sen. Bill Dodd (D-Napa) won approval by the panel on a 9-0 vote. Dodd’s measure would put CalFire in charge of auditing compliance with California Public Utilities Commission vegetation management […]

Edison Seeks Higher Rates Due to Wildfire Risk

23 Apr

Southern California Edison asked the California Public Utilities Commission April 22 to grant it a rate boost that would increase the average residential power bill by $12.20 cents a month to help cover wildfire risk. The move comes after the company posted losses at the end of last year in the face of wildfire liability […]

Shorts

23 Apr

East Bay Community Energy April 23 launched a new grant program that will provide up to $40,000 to applicants for energy-related projects that deliver local benefits to targeted communities in areas such as job creation, workforce development, economic empowerment, and climate and social resilience. Eligible projects will include community-shared solar, energy conservation retrofits, workforce development […]