More fire liability for PG&E, hydro back online, Sacramento happenings

By Published On: January 6, 2022

The start of 2022 brings with it new and all too familiar news.

California fire investigators find Pacific Gas & Electric formally responsible for last year’s Dixie Fire that burnt across five counties over four months. Will the potentially enormous liability drive it into declaring bankruptcy yet a third time?

California’s hydropower plant that went offline last summer because a drought-induced fall in the level of Oroville Lake in Butte County is generating electricity again. In spite of the low hydro year in 2021, the U.S. Energy Information Agency finds the high peak prices resulted in hydropower being the third largest electricity resource in the state.

At the state capital, the Assembly Energy Committee gets a new chair. With the new year also comes energy and climate bills, with some of last year’s measures attempting to pass this session. .

The California Public  Utilities Commission gets a new commissioner. Attorney John Reynolds, a former advisor to two commissioners, gets appointed Commission by Gov. Gavin Newsom.

The growing levels of wind, solar and storage feeding California’s grid, and others around the U.S., is driving the need for new transmission to move the power from where it is produced to where it is consumed by homes, businesses, industry and government.

In other news on the transmission front, federal energy regulators reject PG&E’s request to recover from its ratepayers half the tab to downscale a trio of high voltage projects pursuant to the Federal Energy Regulatory Commission’s transmission rules.

Current’s first issue of this year also includes a weekly update of upcoming meetings, filings and happenings on energy, climate, equity and markets.

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