Edison

New York City Mayor Bill de Blasio didn’t mince words on his government’s position on oil and natural gas in a 2020 State of the City speech Thursday, proclaiming that the metropolis must “say goodbye to fossil fuels.”

New York City Mayor Bill de Blasio didn’t mince words on his government’s position on oil and natural gas in a 2020 State of the City speech Thursday, proclaiming that the metropolis must “say goodbye to fossil fuels.”

Edison International CEO Pedro Pizarro on Tuesday spoke up for his utility’s need to call preventive power shutoffs and pushed back against California Gov. Gavin Newsom’s stinging criticism of those shutoffs, even as new wildfires were fanned by record high winds in Southern California.

Edison International’s Southern California Edison Co. (SCE) utility acknowledged its infrastructure may have caused the disruptive, fast-moving Saddleridge fire that skirted residential areas and a major gas storage facility in northern Los Angeles County last week, according to a report the company filed with state regulators.

Southern California Edison Co. (SCE) on Thursday asked FERC to raise the authorized return on its transmission operations as a hedge against the Edison International (EIX) utility’s “extraordinary wildfire risk.”

Edison International (EI) and electric utility Southern California Edison Co. (SCE) last week said they face more than $4 billion in liabilities from the extensive 2017 and 2018 wildfires in California after taking a $1.8 billion charge during the fourth quarter.

Executives with Edison International’s (EI) Southern California Edison (SCE) on Thursday voiced similar deep concerns about the need for a political and economic solution to California’s wildfire liability crisis that for the most part is centered on the state’s major power utilities.

Venture Global Calcasieu Pass LLC is edging closer to meeting its capacity commitments for one of two Louisiana natural gas export projects in development, after announcing Monday that it has a 20-year supply agreement with BP plc.

Edison International’s Southern California Edison Co. (SCE) unveiled a strategy on Tuesday to virtually eliminate most natural gas use over the next three decades to meet California’s mandated goal to reduce greenhouse gas (GHG) emissions 80% by 2050.