June 24, 2024

California Public Utilities Commission (CPUC)

Calif. Officials ‘Cautiously Optimistic’ on Summer Reliability

State energy officials are “cautiously optimistic” about maintaining grid reliability during the upcoming summer, with California poised to benefit from above-normal snowpack and precipitation coupled with the probability of mild conditions in its coastal regions.

CAISO, WEIM Boards Approve Proposal to Raise Offer Cap
CAISO’s Board of Governors and WEIM Governing Body unanimously voted to approve an expedited proposal to increase the ISO’s soft offer cap from $1,000/MWh to $2,000.
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Developers Urge New Target for Pacific Offshore Wind
Developers of floating offshore wind are calling on the California Public Utilities Commission to increase procurement targets to 10 GW by 2035.
Calif. Grid Equipped for Summer, CAISO Says
CAISO officials are optimistic about the grid’s performance this summer, as the system has added 4.5 GW of nameplate capacity since September with another 4.5 GW on the way.
California Energy Commission
Calif. Regulators Assess Benefits, Social Costs of Energy Transition
Assessing the social costs and “nonenergy benefits” of energy production is a key focus in implementing California’s Senate Bill 100.
Calif. Senate Committee Passes Energy-related Bills
A California legislative committee has passed a raft of energy-related bills, including legislation focused on grid-enhancing technologies, hydrogen and data centers.
CAISO Transmission Plan Emphasizes Offshore Wind, Reliability

CAISO released a draft transmission plan identifying 26 new transmission projects aimed at accelerating California’s ability to meet its ambitious clean energy goals and costing an estimated $6.1 billion.

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CEC-Stanford Energy Summit Calls for Equity in Energy Transition
Communities historically excluded from decisions around energy use must be given a greater role in the transition to a cleaner energy system, said participants at the CEC-Stanford Energy Innovation Summit.
U.S. Forest Service
CPUC Fines PG&E $45M for 2021 Dixie Fire

California regulators approved the penalty against Pacific Gas and Electric for the utility’s role in the the second-largest wildfire in the state’s history.

The Breakthrough Institute
Diablo Canyon Secures $1.1B DOE Award to Support Operations
The 2,200-MW PG&E plant will be the first recipient of federal funds being made available to shore up operations at U.S. nuclear plants that face imminent closure.

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