Financing costs related to the acquisition of Texas utility Oncor helped pushed Sempra Energy’s earnings down by $94 million in the first quarter compared with the same period last year.

The financial implications of last year's California wildfires for PG&E are just beginning to surge as the utility works to reduce the impact on shareholders.

Peak Reliability outlined a vision for reworking its current structure and reducing costs as it tries to prevent a mass exodus of customers to CAISO.

The CPUC warned that the state could return to the conditions preceding the energy crisis of the early 2000s if decision-making is not managed correctly.

Edison International is hopeful that several California bills will ease the financial pressure stemming from wildfire costs.

CAISO and PacifiCorp reaped the majority of the Western Energy Imbalance Market’s $42.1 million in gross benefits during the first quarter (Q1 2018).

FERC approved settlement agreements among CAISO, Pacific Gas and Electric and Calpine covering reliability-must-run contracts for three Northern California gas-fired plants, reducing the revenue they will receive and making them subject to a must-offer requirement.

A bill that would allow utilities to recover wildfire costs if they conform to state-regulated safety plans moved through the California legislature, but it faces opposition from some who say it lets utilities off the hook.

Western Energy Imbalance Market (EIM) leaders on Tuesday approved rule changes that would allow EIM balancing areas to manually adjust load forecasts during market operations to ensure the grid can support system conditions.

Pacific Gas and Electric will pay $98 million for past improper communications with the California Public Utilities Commission (CPUC), but the years-old ex parte proceeding stemming from the controversy will continue to drag on because of new emails that came to light last fall.