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California Public Utilities Commission

5,000 MW Shortage Possible Next Summer

If drought and extreme heat continue into next year, the shortfall on the California grid from high summer heat could escalate to 5.2 GW, up from this summer’s projected shortfall of 3.5 GW. That is according to preliminary results of the California Energy Commission’s expanded planning model released Aug. 11.

 

August 12, 2021|

Five More Years of Oversight for PG&E, at Shareholder Expense

The California Public Utilities Commission unanimously voted to require Pacific Gas & Electric shareholders, not ratepayers, to pay $25 million over five years for an independent state safety monitor. It won’t be the first time the company has had such a watchdog, but questions about the extent of oversight and who would […]

August 5, 2021|

PG&E Circuit May Have Sparked Another Fire in No. Cal

Californians may have yet another fire to attribute to Pacific Gas & Electric. The utility informed regulators that its equipment may have ignited another wildfire last month that has torched huge amounts of forest and destroyed or damaged more than six dozen structures. In an Aug. 2 filing to the California Public […]

August 4, 2021|

Edison International Earnings Level, SCE’s Drop

Quarterly earnings for Edison International were on par with those of the previous year, at $318 million. Per share earnings were down, at 94 cents per share compared to the second quarter of 2020 at $1/share. That is largely because utility Southern California Edison’s earnings fell to $359 million compared to $381 […]

August 3, 2021|
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