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By Hudson Sangree As roughly 600,000 Pacific Gas and Electric customers remained without power Thursday, the president of the California Public Utilities Commission called the situation "unacceptable." "The management and the response of the company, PG&E, to the [public safety power shutoffs] have been absolutely unacceptable," CPUC President Marybel Batjer...
FERC on Monday again upheld the RTO incentives it previously approved for Southern California Edison and Pacific Gas and Electric, rejecting rehearing requests by California regulators. Commissioner Richard Glick, who had dissented on the 50-basis-point adder to SCE’s return on equity in December 2017, joined with the majority this time...
By Hudson Sangree The California Public Utilities Commission authorized costs for a new safety program as part of a utility’s general rate case (GRC) for the first time Thursday, when it approved rate increases for San Diego Gas & Electric and Southern California Gas. The unanimous approval of the utilities’...
By Hudson Sangree The California Public Utilities Commission opened a formal examination into Pacific Gas and Electric’s Chapter 11 reorganization plan Thursday, as bondholders trying to take over the bankrupt utility upped the ante by offering wildfire victims $6 billion more than the utility has proposed. The commission voted unanimously...
By Hudson Sangree FOLSOM, Calif. — CAISO’s Board of Governors on Wednesday heard that the ISO could face capacity shortages as soon as next year if steps aren’t taken to address the potential shortfall, including keeping aging natural gas plants from retiring as planned. In a presentation to the board,...
By Robert Mullin A group of California stakeholders last week filed a plan with regulators that would replace the state’s current resource adequacy framework with a "central buyer" responsible for procuring resources for multiple years. Advocates for the plan filed a joint motion Friday seeking adoption by the California Public...
By Hudson Sangree Despite a rebuke from a federal appeals court, FERC last week reaffirmed its earlier decision that Pacific Gas and Electric participates voluntarily in CAISO and qualifies for hefty financial incentives to remain in the ISO (ER14-2529-005). The decision came after the 9th U.S. Circuit Court of Appeals...
By Hudson Sangree The California Public Utilities Commission on Thursday asked for more information on Pacific Gas and Electric’s new corporate directors, with some commissioners expressing doubts about their safety expertise and ability to fully focus on their jobs. The latest effort — in which the CPUC adopted an administrative...
By Hudson Sangree Southern California Edison’s request for a huge transmission rate adjustment based on potential wildfire liability got a tepid reception from FERC on Tuesday (ER19-1553). The commission tentatively accepted the increase, per its customary procedure, but postponed any change for the maximum five months and set it for...