FERC agreed to sharply reduce the penalty Barclays Bank must pay to settle claims that it manipulated Western electricity markets a decade ago.

Pacific Gas and Electric (PG&E) earnings jumped 42% to $550 million during the third quarter ($1.07/share), boosted in large part by reduced expenses.

The CAISO Board of Governors approved two measures intended to prevent the early retirement of unprofitable but needed generation in California.

FERC approved CAISO Tariff changes to establish a process for procuring black start resources needed to restore California’s transmission system.

PacifiCorp and NV Energy can sell power into the Western Energy Imbalance Market (EIM) at market-based rates, FERC has ruled.

Calpine reported Wednesday that it earned $225 million in the third quarter ($0.63/share), down 24% from $295 million ($0.83/share) a year earlier.

Edison International says its grid will help California meet its clean energy goals, but infrastructure and market improvements are still needed.

Sempra Energy’s financial results were hobbled by a decision to deny subsidiary SDG&E request to recoup losses stemming from wildfires a decade ago.

California regulators voted to extend the life of a state demand response pilot project and expressed their unanimous opposition to the DOE NOPR.

FERC denied CAISO’s request to waive Tariff requirements regarding “availability assessment hours” for demand response providers.