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Sempra Earnings Soar, Ups Fight to Protect Turf in CA

5 Aug

Sempra Energy, the parent company of both San Diego Gas & Electric and SoCal Gas, saw sharply increased earnings of $2.305 billion in the second quarter, or $7.64 per share. That compares to $435 million last year, or $1.29 per share. Much of the increase was attributed to the multi-billion dollar sale of its South […]

West Coast Utilities Propose Truck Charging Network

17 Jun

A coalition of utilities in California, Oregon and Washington have developed a plan to advance the electrification of medium- and heavy-duty trucks by installing public electric charging stations along a 1,300 mile stretch of Interstate 5.   The plan released June 17 proposes installing 27 charging stations, with up to 10 ports each, for medium-duty […]

The Buzz

11 Jun

After months of few energy items on the California Public Utilities Commission business meeting agendas, this week’s one is dense, and action packed. After honoring the death of George Floyd, the five utility regulators approve Pacific Gas & Electric’s plan to install diesel-fueled generators to provide power during safety outages. The CPUC also signs off […]

Packed CPUC Agenda Includes Approving PG&E Diesel Backup

11 Jun

State utility regulators June 11 addressed the killing of George Floyd by a Minneapolis cop and continued systematic racism near and far, including at the California Public Utilities Commission. They also held 8 minutes and 46 seconds of silence to remember Floyd’s death on May 25. Commissioner Genevieve Shiroma said that while the five commissioners […]

CPUC Okays IOUs $15B Fire Risk Reduction Plans

11 Jun

The California Public Utilities Commission on Thursday signed off on all the utilities’ 2020 wildfire mitigation plans despite “significant concerns,” raised by staff. The total tab of the plans by Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric is an estimated $15 billion. Regulators, however, did not discuss the price […]

Earnings Rise for PG&E & Sempra; Decline for Edison

4 May

Utility parent companies Pacific Gas & Electric Corp. and Sempra Energy reported higher earnings for the first quarter of the year. Edison International’s earnings went south. All the subsidiary utilities reaped higher revenue in their rate cases and from wildfire funding. The companies are seeing lower income from utility bill collections because of the pandemic. […]

Report: Mandates Fuel Cheaper Cleaner Grid

4 May

Years of mandates under California’s Renewable Portfolio Standard continue to lower the cost of non-fossil fueled electricity. The RPS requires that 44% of utility, community energy and other electricity supplier resources come from solar, wind, geothermal or other eligible resources by 2024, rising to 52% in 2027 and 60% in 2030. “The average price of […]

The Buzz

30 Apr

Lawmakers’ mission when back in Sacramento will be economic recovery. In the meantime, live energy bills are whittled down largely to ones that fund alternative power and transportation sectors and create jobs to help the damaged state economy. Also in the active legislation bucket is legislation to reduce the impacts of safety shutoffs. A bill […]

CPUC Proposal Prods Utilities to Remove Microgrid Hurdles

30 Apr

The three private utilities would be required to speed up and simplify their approvals of third-party backup systems in high fire threat zones and their interconnection to utility grids, under a California Public Utilities Commission proposed decision released April 29. However, it will not come up for a Commission vote before June 11. The proposal […]

Spotlight on Ratepayer Subsidies of Utility EV Charging Costs

22 Apr

The California Public Utilities Commission is examining two thorny questions central to the expansion of electric vehicles: How long should investor-owned utility ratepayers keep paying for the installation of new charging stations? And how long should the private utilities dominate the installations? The questions were the focus of an April 20 workshop. Intertwined with the […]

CPUC Okays Minor Residential Rate Relief

16 Apr

State energy regulators unanimously agreed to accelerate the disbursement of the state’s greenhouse gas auction revenue to lower the bills of the customers of the state’s two largest utilities. Bill reductions will total about $36. The California Public Utilities Commission April 16 action was in response to job losses and higher utility bills stemming from […]

California’s Climate “Credit” for Dummies

14 Apr

Editor’s Note: This is the third of a new Current series explaining the fundamentals of energy terms. With it, we hope to pull back the curtain on terms of art used in California utility regulation. Updated April 16 Residential ratepayers of California’s two largest utilities are set to receive roughly $36 of climate “credit” on […]

CPUC Sets 46 MMT Carbon Target for Power Sector

26 Mar

In a first-ever telephonic business meeting plagued with technical glitches, the California Public Utilities Commission approved adding another 25,000 MW of renewable resources and allowing some gas generation to continue over the next decade. The path is intended to ensure electricity sector greenhouse gas emissions fall to 46 million metric tons by 2030. The 5-0 […]

The Buzz

19 Mar

The pandemic has slowed down solar projects but there is an unprecedented increase in new installed capacity in 2019. This year and future ones may be a different story but solar proponents expect solar capacity to keep rising in and outside California over the long haul. Large intermittent renewable generation paired with storage provides more […]

Shorts

17 Mar

Updated March 18 Southern California Edison canceled plans for six pilot microgrids it hoped to have online this September. Only a few bids were received, and all costly. They ranged from $15 million to over $30 million, 13-100 times the costs of the alternatives, the utility told energy regulators, Microgrid Knowledge reported March 17. That […]

The Buzz

28 Feb

Pacific Gas & Electric is hit with a historic fine of $2.14 billion for igniting deadly wildfires in Northern California in 2017 and 2018. It comes a few days after PG&E reports significant losses in its 2019 earnings report. The private utilities in the southern half of the state fare far better. Southern California Edison, […]

SoCal Utilities Report Surge in Profit

27 Feb

The parent companies of the investor-owned utilities in Southern California reported rosy 2019 earnings, in contrast to Pacific Gas & Electric. The latter continued to suffer major losses while striving to reorganize and emerge from a Chapter 11 bankruptcy. Edison International is the parent company of Southern California Edison. Sempra Energy is the parent company […]

The Buzz

20 Feb

The West Coast’s first LNG export project looks like its headed for federal approval. This week, however, the Federal Energy Regulatory Commission votes 2-1 to tentatively disapprove the Coos Bay project because of Oregon’s recent permit rejection. A majority of the federal energy regulators also reject the New York grid operator’s capacity market revisions, undermining […]

SDG&E’s Fire Prevention to Cost up to $1.5B over 3 Years

19 Feb

San Diego Gas & Electric’s new wildfire mitigation plan filed with state energy regulators comes with a price tag that’s about one third the cost of those of Southern California Edison and Pacific Gas & Electric.  The San Diego utility estimates that it will spend $1 billion to $1.5 billion from 2020 through 2022 to […]

New Bill Seeks to Limit Private Utility Lobbying

12 Feb

State legislation was introduced that would significantly reduce the size of investor-owned utilities political contributions to campaign coffers. AB 2079 by Assemblymember Kevin Kiley (R-Placer) would restrict contributions from Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric to $3,000 per political campaign under proposed revisions to the state’s Political Reform […]