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The California Energy Commission issued a draft report Friday that would establish goals of building 3 GW of offshore wind by 2030 and 10 to 15 GW by 2045.
FERC reversed a decision that allowed CAISO to include an adder in the formula for offers that exceed the soft cap for its capacity procurement mechanism.
FERC ordered PacifiCorp to refund premiums it received for sales above WECC's soft price cap of $1,000/MWh during the severe Western heat wave of August 2020.
PG&E and Northern California prosecutors agreed to settle last summer's 1-million-acre Dixie Fire and the Kincade Fire in Sonoma County for $55 million.
FERC rebuffed a request by PG&E for a 13% return on equity based on its financial risks from wildfires and the state's aggressive decarbonization efforts.