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By Jason Fordney The California Public Utilities Commission on Thursday voted unanimously to allow Southern California Gas to temporarily increase gas injections into Aliso Canyon, but it denied a request to increase the storage facility’s allowable capacity. The commission said it approved the decision “recognizing the urgent nature of ensuring...
By Jason Fordney SACRAMENTO, Calif. — The California Energy Commission rocked the energy world Wednesday when it unanimously approved a mandate requiring new homes in the Golden State to include rooftop solar, making it the first state to move to adopt such a rule. The 2019 Building Energy Efficiency Standards...
By RTO Insider Staff FERC should let RTO stakeholder processes work and not issue broad and costly new mandates, most commenters told the commission in its proceeding on grid resilience (AD18-7). RTO Insider’s review of more than 60 of the dozens of comments filed ahead of the May 9 deadline...
By Jason Fordney Financing costs related to the acquisition of Texas utility Oncor helped pushed Sempra Energy’s earnings down by $94 million in the first quarter compared with the same period last year. The parent company of San Diego Gas & Electric (SDG&E) reported net income of $347 million ($1.33/share),...
By Jason Fordney Peak Reliability last week outlined a vision for reworking its current structure and reducing costs as it tries to prevent a mass exodus of customers to CAISO. The reliability coordinator (RC) said the cost reduction will require reducing the size of its board of directors to three...
By Jason Fordney California could return to the conditions preceding the energy crisis of the early 2000s if the transition to fragmented decision-making and electricity procurement is not managed correctly, the Public Utilities Commission said in a report issued last week. The report on California retail electricity choice, entitled “An...
By Robert Mullin CAISO and PacifiCorp reaped the majority of the Western Energy Imbalance Market’s (EIM) $42.1 million in gross benefits during the first quarter, according to a report released by market operator CAISO. The ISO earned $14.85 million in EIM benefits over the quarter, followed by PacifiCorp at $10.5...
By Jason Fordney Edison International CEO Pedro Pizarro said the company is hopeful that several bills working their way through the California State Legislature will ease the financial pressure stemming from hundreds of millions of dollars in wildfire costs. The company’s main subsidiary, Southern California Edison, is the target of...
By Jason Fordney FERC on Monday approved settlement agreements among CAISO, Pacific Gas and Electric and Calpine covering reliability-must-run (RMR) contracts for three Northern California gas-fired plants, reducing the revenue they will receive and making them subject to a must-offer requirement. FERC’s orders covered two proceedings, one for Calpine’s Metcalf...
By Jason Fordney A bill allowing utilities to recover wildfire costs if they conform to state-regulated safety plans moved through the California legislature last week, but it faces heavy opposition from some who say it lets utilities off the hook for their contribution to wildfires. Dodd | U.S. Army Corp.