California wildfires
The rapidly spreading brush fires that have devastated multiple communities around Los Angeles are not expected to affect California’s broader transmission grid, CAISO said.
FERC granted and denied in part challenges to Pacific Gas and Electric’s 2022 transmission rates, finding that PG&E must remove certain costs from its rate base while also denying a request to pause the utility’s ability to recover costs stemming from two fires.
Lawmakers are poised to place on the November ballot a $10 billion climate resilience bond measure that would provide $850 million for clean energy projects, including offshore wind.
California’s “leadership in electrification” will be a key driver of Pacific Gas and Electric’s expected customer growth over the next five years, CEO Patti Poppe said during an earnings call.
In California, a predicted budget shortfall that grew $9 billion since January has not resulted in additional proposed cuts in climate and energy spending.
A judge said there is enough evidence to try PG&E on four manslaughter counts and other charges from the September 2020 Zogg Fire in Shasta County, Calif.
JPxG, CC BY-SA 4.0, via Wikimedia Commons
PG&E asked the CPUC to approve a plan that would allow it to sell a stake in a new generation subsidiary, with proceeds to be used to fund capital investment.
PG&E and Southern California Edison have filed incident reports with the California PUC related to the two largest wildfires burning in the state.
PG&E ended five years of probation, but the judge in charge of the case said the utility remains a danger to Californians in high fire-threat areas.
Federal prosecutors said they would not ask for an extension of PG&E's probation time based on California criminal charges.
Want more? Advanced Search