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.

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

The CAISO-run Western EIM has increased the operational flexibility of the region’s utilities, panelists said at the Infocast Transmission Summit West.

FERC issued CAISO-related rulings on PG&E, Portland General Electric and Aliso Canyon.

CAISO and Pacific Gas and Electric have asked FERC to reconsider its decision last month to approve only some of the utility’s requested transmission rate incentives.

FERC rejected an argument by the California PUC (CPUC) that it erred last year in allowing PG&E to include a 50-basis-point ISO participation adder.

California utilities and state agencies are cooperating on developing plans to manage the effects of global climate change on the electricity grid.

FERC approved PG&E's request to recover from its customers a portion of the costs of a $1.8 billion package of planned transmission improvements.

The RTO Insider Top 30 collectively had a good second quarter, but nearly half the companies turned in worse bottom-line performances than a year ago.

Calpine, PG&E and Southern California Edison released their second-quarter earnings results last week.