California Independent System Operator (CAISO)
The Utility Reform Network sent a letter to federal trustees requesting the Bankruptcy Court appoint a committee of ratepayers to represent PG&E customers.
The California PUC is considering whether to fine Southern California Edison for its failure to report a nearly $1 billion shortfall in revenues last year.
The Western Energy Imbalance Market (EIM) Governing Body heard proposals regarding its existing real-time market and an expanded day-ahead market.
California fire investigators said Pacific Gas and Electric was not responsible for the Tubbs Fire, a blaze that leveled parts of Santa Rosa in 2017.
California Gov. Gavin Newsom named new members to the CAISO Board of Governors, along with the PUC and the state’s new commission on catastrophic wildfires.
CAISO participants and companies that do business with Pacific Gas and Electric could end up paying a hefty price for the utility’s financial collapse.
CAISO said it had finalized agreements to provide reliability coordinator services with 32 transmission operators and balancing authorities in the West.
PG&E Corp. and its subsidiary Pacific Gas and Electric will file for federal bankruptcy protection by Jan. 29, the companies announced.
Concern about Pacific Gas and Electric’s financial meltdown has spread as CAISO addressed worries about the utility’s potential to default on its payments.
After the deadliest wildfire in California history, PG&E is facing intense scrutiny from lawmakers, regulators and a federal judge.
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