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The Buzz

4 Mar

A California Public Utilities Commission proposal seeks 7,500 MW of additional resources starting in 2024. Of that amount, 2,000 MW would be non-fossil. The resources are to make up for the closing Diablo nuclear plant and old inefficient gas-powered plants. But it is much more than meets the eye. East Bay Community Energy and OhmConnect […]

CPUC Pitches Additional 7,500 MW Mid-Decade

4 Mar

A California Public Utilities Commission proposal calls for 7,500 MW of new power in California, with less than one-third of that carbon free. The recalculation of needed resources covering 2024-26 is intended to address demand for electricity on the hottest days.  The proposal by Administrative Law Judge Julie Fitch seeks to address a resource gap […]

JUICE: Does Hawaii’s Decoupling of Utility Profit from Investments Offer Lessons for California?

2 Mar

Last week a joint legislative hearing was held on strategies to stem the tide of continually rising utility bills in California. A range of proposals were pitched, from new income-based taxes to covering rising ratepayer costs with the state’s general fund. The hearing was held because there is general agreement that escalating rates threaten equity […]

SCE Seeks to Curb Shutoffs this Summer

2 Mar

Southern California Edison believes its latest summer grid hardening plan will avoid a repeat of last year’s 16 public safety shutoffs, utility representatives told the California Public Utilities Commission March 1. SCE was required to submit a corrective action plan last month to the CPUC after getting raked over the coals during a Jan. 26 […]

The Buzz

25 Feb

The 2020 and quarterly earnings of the parent corporations of the four investor-owned utilities are a mixed bag. Annual net income for Edison International and PG&E Corp. drops while fourth quarter earnings rise. Sempra Energy’s reported income goes the opposite direction. While utility leaders sing the praises of increased investments and revenue to analysts, economists, […]

PG&E Reports Loss in 2020, Smaller than 2019

25 Feb

Pacific Gas & Electric Corp. reported continued losses for last year, at $1.3 billion, or $1.05 per share. That is far smaller than the utility loss of $7.7 billion, or $14.50/share, in 2019. Fourth quarter earnings for the utility’s parent company were in the black at $200 million, or 9 cents/share, contrasted with a loss […]

Rising Rates Drown Equity and Decarbonization

25 Feb

The burden of continually rising utility bills will derail California’s decarbonization work if left unaddressed, regulators, economists and ratepayer advocates warn. The rising costs are bearing down on struggling customers who’ve been hit hard by pandemic-driven job losses and sheltering at home. Higher bills undermine California’s equity policy goals and jeopardize the state’s clean energy […]

Will Controversial Aliso Canyon Gas Field Get a New Lease on Life?

24 Feb

Despite the state’s legal commitment to decarbonize the energy sector, staff at the California Public Utilities Commission have concluded the large Aliso Canyon natural gas storage field in Los Angeles needs to remain open. There has been a forceful effort to close the field since a months-long eruption of methane gas from a failed well […]

SCE Ratepayer-Backed Bonds for Fire Costs Save Million$

23 Feb

Southern California Edison issued $338 million in securitized bonds to cover part of its wildfire capital expenditures on Feb 17. The bond offering closed Feb. 24. It is the first utility to issue what will be billions of dollars of mortgage type, ratepayer-backed bonds to recover fire mitigation and other costs under new state laws. […]

The Buzz

11 Feb

The ever-growing tab from months of unpaid utility bills will soon come due. Who gets saddled with that debt, currently $1.15 billion, remains to be seen? The California Public Utilities Commission will look at repayment options. Unpaid bills of $1 billion and climbing gets dwarfed by the $15 billion in additional spending the private utilities […]

Utility Regulators Grapple with $1B+ in Unpaid Energy Bills

11 Feb

The California Public Utilities Commission is exploring options for paying off the more than $1.15 billion in unpaid utility bills that has accumulated during the pandemic. “The numbers are pretty horrendous,” CPUC President Marybel Batjer said Feb. 11 of the arrearages for Pacific Gas & Electric, Southern California Edison, San Diego Gas & Electric and […]

More Fossil Power to Meet Summer 2021 Peak Demand Expected

11 Feb

In anticipation of high summer demand, including when the sun sets, the California Public Utilities Commission ordered investor-owned utilities to line up more supply resources, expected largely to be gas-fired power. That runs counter to the state mandate to ramp down fossil-fueled electricity to zero. “Customers deserve a reliable grid,” CPUC President Marybel Batjer said […]

Energy Commission Attorney Named to CPUC

9 Feb

Darcie Houck, the California Energy Commission’s chief counsel since 2019, was appointed to the California Public Utilities Commission, Gov. Gavin Newsom announced Feb. 9. She fills the vacancy left by Liane Randolph, who became the California Air Resources Board’s new chief at the beginning of this year. Prior to serving as the Energy Commission head […]

Utility Fire and Climate Costs Keep Soaring

9 Feb

The new updates to the three investor-owned utilities’ fire mitigation plans submitted to California regulators add more than $15 billion in expenses through 2022. That is in addition to the nearly $7 billion spent to reduce fire danger last year. Most of the 2021 and 2022 investments go to advanced technologies to improve fire awareness […]

The Buzz

4 Feb

State regulatory staff propose further crimping demand response, much to the dismay of advocates of these behind-the-meter resources. Making matters worse for them is the disparity in treatment between DR and fossil power plants. The City of San Diego plans to issue a second request for bids for electricity and gas services because the long-time […]

CPUC is Heading Backwards on Demand Response Forward on Gas Plants

4 Feb

Instead of increasing demand response to help avoid blackouts during intense heat, a California Public Utilities Commission staff proposal would continue restricting its use on grounds some resources failed to show up during the August outages. At the same time, the fleet of gas plants are getting increased financial support in order to play a […]

The Buzz

28 Jan

Tis the season for new legislation and among the new bills is one setting a financial bar for major companies to report their greenhouse gas emissions. In addition, big businesses would be required to report both direct and indirect carbon emissions. Other legislation would curb gas use in new buildings, seek to grow green hydrogen […]

New Bill Expands Climate Emissions Reporting

28 Jan

Legislation introduced by Sen. Scott Weiner (D-San Francisco) would require large companies that do business in California to publicly disclose their onsite and offsite greenhouse gas emissions starting in 2024. It would apply to companies that make $1 billion or more in revenue, The reporting requirement has no emissions threshold and includes businesses not covered […]

SCE Reaches Another $2B Wildfire Settlement

27 Jan

Southern California Edison will pay $2.2 billion to insurance companies for payouts they made for losses resulting from the 2018 Woolsey Fire. But that is not all. Under this new settlement, SCE will pay additional amounts for policyholder claims that continue to come in until July 15, 2023. There is a cap in the settlement, […]

SoCal Edison Takes Heat Over Power Shutoffs

27 Jan

State officials excoriated Southern California Edison Tuesday over its extensive power shutoffs last year, including over Thanksgiving and the Christmas holiday, awarding it the Hall of Shame prize for 2020. It was previously reserved for Pacific Gas & Electric. PG&E was raked over the coals by regulators and politicians for the harm and disruption caused […]

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