California

Long-Awaited IRS Tax Break May Spur U.S. Carbon Capture Projects

Long-Awaited IRS Tax Break May Spur U.S. Carbon Capture Projects

The Internal Revenue Service (IRS) is close to finalizing regulations to implement a tax credit for carbon capture and storage (CCS) that could help more than two dozen proposed projects move beyond the initial engineering and design stages.

June 4, 2020
Electric-NGV Hybrid Trucks Entering Marketplace

Electric-NGV Hybrid Trucks Entering Marketplace

Hybrid technology and emissions reduction credits are improving the competitive economics of heavy duty natural gas-powered trucks, according to market experts.

June 1, 2020
California Utilities Said Facing Fewer Wildfire Financial Risks

California Utilities Said Facing Fewer Wildfire Financial Risks

While the physical risks of California wildfires are projected to increase, actions by courts, lawmakers and regulators over the past 12 months have lowered the state’s financial exposure, according to Moody’s Investors Service.

June 1, 2020
PG&E Bankruptcy Plan OK’d by California Regulators, Now Awaiting Court Approval

PG&E Bankruptcy Plan OK’d by California Regulators, Now Awaiting Court Approval

California regulators on Thursday approved with conditions Pacific Gas and Electric Co.’s (PG&E) proposed $58 billion bankruptcy reorganization plan, giving the combination utility a clear path to exit Chapter 11 once a federal bankruptcy court approves the proposal.

May 29, 2020
West Coast Natural Gas Hubs Seeing Winter Basis Rise from the Ashes of Oil’s Fall

West Coast Natural Gas Hubs Seeing Winter Basis Rise from the Ashes of Oil’s Fall

A number of western U.S. demand hubs have experienced notable basis uplift over the past month as the collapse in oil prices has decimated drilling activity and scrambled the Lower 48 supply outlook for the 2020/21 winter, NGI pricing data show.

May 27, 2020
Developers Nationwide Seeking to Unlock More Grid Battery Storage

Developers Nationwide Seeking to Unlock More Grid Battery Storage

A growing number of applications beyond transportation, such as wildfire and climate change mitigation, have added impetus nationally to find more commercially viable battery storage solutions, according to a senior electrical engineer who is leading research efforts in California.

May 27, 2020
California’s Ventura County Eyes Batteries to Plug Loss in Natural Gas Generation

California’s Ventura County Eyes Batteries to Plug Loss in Natural Gas Generation

Mindful of California’s quest to eliminate carbon emissions over the next 30 years, Ventura County and local utility officials are developing a 100 MW project with battery storage capacity for 400 MWh to replace existing coastal natural gas-fired generation plants.

May 19, 2020
Sempra Records Liabilities for Aliso Natural Gas Storage

Sempra Records Liabilities for Aliso Natural Gas Storage

Sempra Energy has revealed a one-time $72 million charge for litigation related to the 2015-16 methane leak at the Southern California Gas Co. (SoCalGas) Aliso Canyon Storage Field.

May 11, 2020
Covid-19 Presents New Normal for Energy Sector, Edison CEO Says

Covid-19 Presents New Normal for Energy Sector, Edison CEO Says

California’s coronavirus lockdown has shone a spotlight on the state’s energy sector, and the eventual recovery to a new-normal economy will require a key role for clean energy, according to Edison International (EI) CEO Pedro Pizarro.

May 4, 2020
California Considers Refining Wildfire Safety Power Shutoffs

California Considers Refining Wildfire Safety Power Shutoffs

California regulators on Monday began taking public input on guidelines for utility public safety power shutoffs (PSPS) that include shortening the outages and coordinating more closely with local communities.

April 28, 2020
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