Like California’s other two investor-owned utilities and parent companies, Sempra Energy’s latest earnings also were in the red, not from wildfire liability but from the huge methane leak at subsidiary SoCalGas’ Aliso Canyon storage field. A $1.13 billion settlement that includes most of the plaintiffs resulted in a loss for Sempra of $651 […]
California’s community choice organizations signed agreements for 3,000 MW of clean energy supplies over the last year. “These projects reflect a diversity of resources that will boost energy resilience and help California attain a 100% clean electricity system, while also supporting green jobs and fueling economic development,” CalCCA Executive Director Beth Vaughan said Nov. […]
The California Public Utilities Commission voted to increase the amount of natural gas Southern California Gas keeps underground at its Aliso Canyon storage field in Los Angeles County by 7 billion cubic feet. On a 4-0 vote cast Nov. 4, regulators approved raising storage levels from 34 Bcf to 41.6 Bcf for up to […]
The California Public Utilities Commission is considering increasing power from fossil-fueled power plants to meet the mandate for 11,500 MW of additional energy available when the sun sets by 2026. That is despite decarbonization efforts in California, and an explicit call in late June by the same agency for carbon-free supplies.
Meteorologists are forecasting a warmer winter across much of the United States, which often leads to slack demand for natural gas. But this year, increased exports of liquefied natural gas are driving up the price of the fuel, according to Federal Energy Regulatory Commission staff.
Global global demand for LNG exports has increased 21% increase compared to last winter.