California Independent System Operator (CAISO)
PG&E turned off power for nearly half a million residents to prevent line-sparked wildfires, two minutes after CAISO ended its four-day blackout watch.
Amid another heat wave and raging wildfires, CAISO called for massive conservation efforts and aid from neighboring utilities.
CAISO called for extra capacity and conservation and put grid maintenance on hold as it faces a Labor Day weekend heat wave.
Four aging natural gas plants scheduled to retire in December will keep operating because of California’s anticipated capacity shortfall.
The California PUC greenlit a major expansion of the state's EV charging program and approved contracts signed by investor-owned utilities to procure 1.2 GW of battery storage.
Observers cited dependence on imports, underperformance of natural gas and wind, and market manipulation as possible causes of California’s recent blackouts.
CAISO presented its final proposal of its effort to make it easier for energy storage and distributed energy resources to participate in markets.
CAISO and the California PUC and Energy Commission explained to Gov. Gavin Newsom why the state had two days of rolling blackouts recently.
PGE (NYSE: POR) said it suffered $127M in losses from wholesale electricity trades due to recent volatility in California's energy market.
A grueling heat wave that caused rolling blackouts and sparked wildfires across California is expected to abate somewhat starting Thursday.
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