California

PG&E Sees Improvement in Wildfire Mitigation as California Blazes Continue

PG&E Sees Improvement in Wildfire Mitigation as California Blazes Continue

As parts of California face wildfires and the persistence of extreme dry conditions, PG&E Corp. estimates that around 90% of its wildfire risk has been mitigated by technology and program enhancements. CEO Patricia Poppe said during a second quarter conference call that new safety settings for lines and vegetation control have helped increase safety and…

August 5, 2022
California Halts New Natural Gas, Oil Leasing on Public Lands Pending Review

California Halts New Natural Gas, Oil Leasing on Public Lands Pending Review

California has reached a settlement with federal officials to cease leasing public land for natural gas and oil development in the central part of the state until potential risks are assessed. State Attorney General (AG) Rob Bonta said the moratorium announced Monday followed years of legal challenges by environmental groups and state officials.  One lawsuit,…

August 4, 2022
Funding California’s $308B Budget in Question As Newsom Ramps Up Climate Goals

Funding California’s $308B Budget in Question As Newsom Ramps Up Climate Goals

California Gov. Gavin Newsom last week turned up the heat on climate change initiatives with a letter to the California Air Resources Board (CARB) in which he stressed state agencies to prepare for an energy transition that involves no new natural gas plants.  “The state’s draft carbon neutrality road map doesn’t go far enough or…

August 3, 2022
CPUC Explores Handing Customers Demand Response-based Prices

CPUC Explores Handing Customers Demand Response-based Prices

California commissioners last week approved a ruling that opens the door for programs that would allow utility customers to adjust their electricity use in response to price signals. In late June, the Energy Division (ED) of the California Public Utilities Commission (CPUC) recommended in a white paper that the commission take on policies that promote…

July 21, 2022
PG&E Fined $1.27M Over Delays in Natural Gas Pipe Maintenance

PG&E Fined $1.27M Over Delays in Natural Gas Pipe Maintenance

California regulators handed Pacific Gas and Electric Co. (PG&E) a citation last week after the utility allegedly failed to promptly correct faults in its system used to prevent corrosion in natural gas infrastructure. In the first quarter of 2021, the San Francisco-based utility submitted an internal review to the California Public Utilities Commission’s (CPUC) Safety…

June 29, 2022
U.S. Energy Grid Storage Hits Record, Hurdling Supply Chain Constraints

U.S. Energy Grid Storage Hits Record, Hurdling Supply Chain Constraints

Additions in U.S. grid-scale energy storage during the first three months of the year outpaced the same period last year four times over, with a record 2,399 MWh brought online despite supply chain-related delays.  A recent report by consultancy Wood Mackenzie and the American Clean Power Association (ACP) found that residential, nonresidential and grid-scale storage…

June 27, 2022
Los Angeles Takes ‘Critical First Step’ to Ban Natural Gas Hookups in New Buildings

Los Angeles Takes ‘Critical First Step’ to Ban Natural Gas Hookups in New Buildings

The Los Angeles City Council approved a motion to ban natural gas hookups to new buildings to address the city’s greenhouse gas (GHG) emissions.  Councilmembers Nithya Raman, Mitch O’Farrell, Nury Martinez, Marqueece Harris-Dawson, and Paul Koretz introduced the motion in early February. In late May, all of the council members voted to approve the motion. …

June 17, 2022
Early Heat, Soft Supply Drive Natural Gas Forward Prices Higher; California Seeing $10 Summer

Early Heat, Soft Supply Drive Natural Gas Forward Prices Higher; California Seeing $10 Summer

Natural gas forwards rallied throughout the trading period ending May 18 as early-season heating demand, rising exports and production declines stoked supply concerns. June fixed prices jumped an average 64.0 cents, as did the balance of summer (June-October), according to NGI’s Forward Look. The winter 2022-2023 package (November-March) bounced an impressive 58.0 cents on average…

May 20, 2022
Natural Gas Forwards Fall Despite Escalating Storage Worries; Wildfire Threatening California Markets

Natural Gas Forwards Fall Despite Escalating Storage Worries; Wildfire Threatening California Markets

Against a backdrop of persistently wild swings, natural gas forward prices came tumbling down during the trading period from May 5-11, according to NGI’s Forward Look. June fixed natural gas prices averaged $1.130 lower on the week, with both the balance of summer (June-October) and the upcoming winter (November-March) also dropping more than $1.00, Forward…

May 13, 2022
California Pushing Forward with Humboldt Bay Wind Energy Development

California Pushing Forward with Humboldt Bay Wind Energy Development

The California Energy Commission (CEC) has approved a $10.5 million grant to transform the Port of Humboldt Bay into an offshore wind terminal that could support the development of 1.6 GW of wind energy. The Humboldt Bay Offshore Wind Heavy Lift Marine Terminal, once complete, will manage heavy cargo vessels, offshore wind floating platform development,…

March 21, 2022
‹ Previous 1 2 3 125