Archive | Market issues RSS feed for this section

Chatterjee Stands by Carbon Pricing Support, FERC Launches Transmission Rating Fix

19 Nov

The first meeting of the Federal Energy Regulatory Commission since the presidential election, and the first since President Trump removed Neil Chatterjee as chair, began unusually late. Chatterjee began by saying he presumably was demoted earlier this month because of his support for opening the door to state carbon pricing. But “It was the right thing […]

CAISO Rules Evolve to Accommodate Solar Plus Storage

19 Nov

To accommodate the growth in battery projects paired with solar plants, the California grid operator’s board Nov. 18 further loosened constraints and will allow project operators to send more or less power into the market than initially bid. Allowing deviations from original bids aims to use more renewable power produced by combined solar-battery generators, reducing […]

News Roundup: PG&E Sued for Geyserville Fire

18 Nov

Sonoma County, along with several cities, sued Pacific Gas & Electric for starting the October 2019 Kincaid Fire that burned nearly 78,000 acres and destroyed 384 buildings over 13 days. The joint lawsuit, filed in the Sonoma County Superior Court Nov. 17, alleges the utility was negligent and is responsible for the resulting four injures […]

San Francisco, San Jose Ban Gas in New Buildings

12 Nov

Natural gas use in new homes and commercial buildings will be banned in the City of San Francisco starting next June. Passed unanimously by the Board of Supervisors on a preliminary vote this week, the prohibition will be formally approved Nov. 17. Last fall, the San Jose City Council voted unanimously to require all new […]

PG&E’s $7.5B Ratepayer Bond Would Assume Shareholder Debt

10 Nov

Pacific Gas & Electric is seeking regulatory permission to shift $7.5 billion of its 2017 wildfire costs from shareholders to ratepayers. Ratepayer advocate groups, both large and small, strenuously object on grounds it places an inordinate financial risk on utility customers while providing them little or no benefit. “It is morally reprehensible,” April Rose Maurath […]

Consumer Advocates Push for $255M SoCalGas Penalty

10 Nov

The official advocate for California utility ratepayers says the state should punish Southern California Gas by fining it $255.3 million for illegally using ratepayer money to thwart energy efficiency building codes and appliance standards. “Since at least 2014, SoCalGas has engaged in a concerted effort to undermine the state’s energy efficiency goals related to new […]

CAISO Executive Redo Launched

10 Nov

The new chief of the California Independent System Operator, Elliot Mainzer, announced an executive reorganization Nov. 6. It switches around managers in market policy, operations, planning and technology departments with the aim of broadening their understanding of how the grid works as it moves towards decarbonization.  “Internal mobility brings new thinking, new blood and new […]

Shorts

9 Nov

Updated Nov. 12 California’s Community Choice Aggregators increased their long-term renewable deals by 1,700 MW this year over 2019, the California Community Choice Association announced Nov. 12. To date, community aggregators executed a total 6,000 MW of long-term contracts, 5,000 MW of renewable resources, and another 1,000 MW of battery storage. “These new totals show […]

The Buzz

6 Nov

Neil Chatterjee, who has served as the Federal Energy Regulatory Commission chair for more than two years, is suddenly replaced. President Trump late Thursday names James Danly the new FERC chief. In blue California, state utility regulators approve Southern California Edison’s plan to issue $337 million in ratepayer-backed bonds to recover the costs of making […]

SCE $337M Ratepayer-Funded Bond Approved

5 Nov

With no discussion, the California Public Utilities Commission unanimously voted to allow Southern California Edison to issue $337 million in bonds fully backed by ratepayers early next year. They are to cover the first round of the utility’s recent grid hardening costs. Intervenors who opposed SCE’s initial bond proposal, led by The Wild Tree Foundation, […]

CPUC Suspends Questionable Shareholder Bonuses

5 Nov

The California Public Utilities Commission voted 5-0 to halt paying shareholders each year $30-$75 million from ratepayer pockets for unearned energy efficiency savings.  Cal Advocates, the ratepayer advocate at the CPUC, successfully argued there was no evidence that the energy efficiency bonus program has caused the private utilities to prioritize efficiency beyond what is required.  […]

Sempra Energy’s Earnings are Middle of the Road

5 Nov

Sempra Energy’s latest earnings were not as bright as those of Pacific Gas & Electric Corp, nor as dismal as Edison International’s, both of which were reported last week. Sempra’s profits fell to $421 million, or $1.21 a share, compared to $909 million, or $2.93 a share, in last year’s third quarter. At the same […]

State Regulators Face Solar Dilemma

3 Nov

Monday’s kickoff of California’s long-awaited proceeding to update net energy metering highlighted regulators’ dilemma of how to grow solar resources without shifting system costs to customers who don’t own solar energy projects. Nationally, hopes are high that California’s proceeding will offer breakthrough solutions to the troublesome successor tariff complexities that have emerged in other states […]

Guest Juice: Energy Crisis 2.0: It’s Time to Use Our Smart Meters

2 Nov

The rolling blackouts, according to the Preliminary Report on Causes of August Rotating Outages, were fundamentally caused by a California Independent System Operator software glitch and community choice agencies, utilities and direct access providers collectively under-scheduling customer demand in the Day-Ahead Market by ~7% to 8% on Aug. 14 and 15. Ordinarily the under-scheduling wouldn’t […]

The Buzz

30 Oct

Two California private utility parents report third quarter earnings, one bearing good news and the other far from rosy. Pacific Gas & Electric gets a post-bankruptcy bounce. Edison International goes the opposite direction. SoCalGas gets slammed for its climate damaging activities, from undermining home electrification to suing the state for its clean trucks rule. Sen. […]

Edison’s Earnings Plummet, PG&E’s Shoot Upward

29 Oct

The two largest investor-owned utilities in the state reported starkly divergent earnings for the third quarter, with Edison International pointing to losses due to fire liability amped up by climate change. Pacific Gas & Electric reported gains in the third quarter ending Sept. 30, three months after emerging from bankruptcy. Edison International: Southern California Edison’s […]

FERC Delves into Offshore Wind

27 Oct

Offshore wind projects could provide massive amounts of clean energy, allow the shutdown of polluting power plants in poor communities and create thousands of jobs, Jon Wellinghoff, former Federal Energy Regulatory Commission chair, said. Wellinghoff, who is now CEO of the consulting firm GridPolicy, spoke at an Oct. 27 FERC technical conference on offshore wind […]

Energy Commission Funds Push for Clean Backup Generation

27 Oct

Repeated wildfires and power shutoffs are driving sales of backup generators at homes, businesses, hospitals, and community centers across northern California. Diesel generators are flying off the shelves. But the desperation also is strengthening the push for clean systems that can island from the grid, also store power, and potentially hasten the commercialization of more […]

Fact Checking Trump’s and Biden’s Energy Transition Plans

26 Oct

In the presidential candidates’ final debate, President Trump said Vice President Biden’s energy plan could cost tens of millions of jobs. Wind is “extremely expensive” and solar “doesn’t quite have it yet,” he added. Trump avoided answering a question about the health impacts of polluting industries. There is “a moral obligation” to address the climate […]

The Buzz

23 Oct

State utility regulators allow Pacific Gas & Electric to fold $447 million into rates to recoup part of its wildfire tab. Whether these incurred costs linked to different accounts are reasonable will be determined later. Also this week, a majority of the California Public Utilities Commission refuses to back a penalty program aimed at stopping […]

error

Please share California's Energy Policy news source with your friends