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.
Articles from California
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.
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.
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.
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.
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.
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.
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.
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.