California Public Utilities Commission (CPUC)

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Pacific Gas and Electric (NYSE: PCG) will sell its iconic San Francisco headquarters to a real estate venture for $800 million, the company said Monday. The deal with Hines Atlas US includes PG&E properties at 77 Beale St. and 245 Market St., in the heart of the city’s high-priced financial district.

The California Public Utilities Commission proposed Friday requiring electric providers to procure 11.5 GW of new resources between 2023 and 2026 to meet the state’s reliability needs and bolster its transition to 100% clean energy. The proposed decision cited the need to avoid capacity shortfalls like those that caused rolling...

PG&E Corp. faces a long list of financial risks that include new criminal charges and wildfire liabilities not included in last year’s bankruptcy settlement, company officials said in an earnings call and a filing with the U.S. Securities and Exchange Commission on Thursday. California’s largest utility is counting on the...

FERC approved a settlement Thursday between CAISO and the operator of an aging 27.5 MW cogeneration facility over a reliability must-run agreement (RMR) — a continuation of the ISO’s efforts to keep small, aging natural gas plants online to help ensure reliability this summer and beyond (ER20-1708). The Channel Islands...

The California Public Utilities Commission used its new enhanced oversight and enforcement powers for the first time Thursday against Pacific Gas and Electric, citing the utility’s failure to adequately weigh wildfire risks in maintaining its power lines. Commissioners voted to put PG&E into the first step of a six-step enforcement...

The debate over using large-scale blackouts to prevent wildfires in California has become more urgent as the state heads into another fire season after a dry winter, with some urging restraint and others recommending more public safety power shutoffs (PSPS). Federal Judge William Alsup, who oversees Pacific Gas and Electric’s...

A report released Wednesday by the National Association of Regulatory Utility Commissioners' research arm says California and other states with decarbonization goals will need to use more advanced planning methods to ensure they have adequate resources while relying increasingly on wind and solar energy. CAISO’s load-shedding orders on Aug. 14-15,...

The California Public Utilities Commission on Thursday instituted a package of demand response programs to promote sharper reductions in electricity usage during times of strained supply and ordered additional procurement to increase CAISO’s planning reserve margin. The orders are intended to head off capacity shortages this summer and next like...

California regulators and lawmakers are trying to avoid a repeat of last year’s unprecedented use of public safety power shutoffs (PSPS) to prevent utility equipment from igniting wildfires — and the anger it provoked among ratepayers. The California Public Utilities Commission and the state Assembly’s Utilities and Energy Committee each...

California’s energy policy leaders came together Wednesday to weigh the potential impact of the state’s sharply rising electricity rates on its carbon reduction and electrification goals. The heads of CAISO, the state Public Utilities and Energy commissions, and the legislative committees that oversee energy heard from CPUC staff and academic...