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February 15, 2026

California Agencies & Legislature

UPDATED: PG&E Ends Bond Bid as SF Makes Wires Offer
PG&E Corp. said it was postponing a controversial effort to secure up to $20 billion in bonds from the state to pay for wildfires sparked by its equipment.
Calif. Participants Float ‘Central Buyer’ RA Plan
California stakeholders have proposed replacing the state’s resource adequacy framework with a “central buyer” responsible for procuring resources.
Bankruptcy Judge Questions PG&E Exec Compensation
The judge overseeing PG&E’s bankruptcy questioned the utility’s attorney over an executive compensation package that includes $11 million in bonuses.
Forecasting, Cooperation Key to Calif. Climate Challenges
California must find new approaches to long-term forecasting and collaboration, speakers said at a California Energy Commission workshop.
CPUC Program ‘Runs Afoul’ of PURPA, Court Rules
The 9th Circuit found California’s Renewable Market Adjusting Tariff program violated PURPA by capping the energy utilities must purchase from QFs.
PG&E Deserves $30M ISO Adder, FERC Says
FERC reaffirmed that Pacific Gas & Electric participates voluntarily in CAISO and qualifies for hefty financial incentives to remain in the ISO.
Newsom Names New California PUC President
Calif. Gov. Gavin Newsom announced Marybel Batjer, currently the government operations secretary, as the next president of the Public Utilities Commission.
UPDATED: Calif. Wildfire Relief Bill Signed After Quick Passage
A bill intended to shore up California’s IOUs against wildfire liability raced through the state Legislature and landed on the desk of Gov. Gavin Newsom.
CPUC Concerned About New PG&E Board Members
The California Public Utilities Commission has asked for more information on Pacific Gas and Electric’s new corporate directors.
FERC Leery of SCE’s ROE Request for Wildfires
Southern California Edison’s request for a huge transmission rate adjustment based on potential wildfire liability got a tepid reception from FERC.

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