Portland General Electric and the Bonneville Power Administration said Wednesday they have signed two agreements that will help PGE avert a generation shortage after it shuts down its coal-fired Boardman Generating Station in 2020.

CPUC President Michael Picker asked state lawmakers for guidance on the increasingly precarious financial health of the state's investor-owned utilities, which face growing risks stemming from wildfires.

Some states are creating energy policies without enough regard for grid reliability, possibly forcing FERC to intervene, Commissioner Robert Powelson said.

At a meeting of the Western Power Trading Forum, PJM CEO Andy Ott sat down with RTO Insider to discuss the new Peak Reliability/PJM Connext market proposal.

Peak Reliability and PJM officials promoted the independent and self-governing nature of their proposed Western energy market.

Sempra Energy became the third California-based energy company to promise a “three-pronged” cost recovery effort related to wildfires.

California regulators and lawmakers are sounding the alarm over a possible decline in the financial and credit health of utilities stemming from wildfire risk and liability.

A key California lawmaker is seeking comment this week on a revived effort to regionalize CAISO and create a multistate Western RTO.

Susan Kennedy, a former California utilities regulator and political insider, has been fined after state investigators determined that she failed to register as a lobbyist.

CAISO is recommending cutting more than $2.7 billion from current transmission spending estimates across the 2027 planning horizon.