utilities

Edison Disputes California Regulators on Cost Recovery for Climate and Wildfire Mitigation Work

Edison Disputes California Regulators on Cost Recovery for Climate and Wildfire Mitigation Work

Edison International (EI) CEO Pablo Pizarro last Thursday (July 29) previewed what could be a prolonged fight with California regulators over recovery of costs by utilities for supporting statewide efforts to curb the impacts of wildfires and climate change. During a 2Q2021 earnings conference call, Pizarro made it clear that EI utility subsidiary Southern California…

August 8, 2021
No ‘Easy Street’ to Create Hydrogen Economy in California

No ‘Easy Street’ to Create Hydrogen Economy in California

The global oil and natural gas industry is focused on developing hydrogen, but California operators are finding the changeover may require negotiating a winding, rocky road as Gov. Gavin Newsom wants to move the carbon neutrality target to 2035 from 2045. The California Public Utilities Commission (CPUC) recently rejected a joint application by Sempra’s Southern…

July 29, 2021
PG&E Equipment Potentially Linked to Raging Dixie Fire

PG&E Equipment Potentially Linked to Raging Dixie Fire

Pacific Gas and Electric Co. (PG&E) on Sunday told California regulators that its equipment may have been involved in the ignition of the now raging Dixie Fire in part of the Sierra Nevada mountain range in Northern California. A PG&E field employee reported a blown fuse on PG&E’s Bucks Creek 1101 12-kV overhead distribution circuit,…

July 21, 2021
Duke Leadership Focus of Latest Rift Between Utility, Hedge Fund Investor

Duke Leadership Focus of Latest Rift Between Utility, Hedge Fund Investor

Hedge fund investor Elliott Management Corp. is once again seeking to shake up Duke Energy, publicly questioning whether the North Carolina-based utility’s current leadership should continue to manage its businesses outside of the core Carolinas footprint. In a letter sent to Duke’s board of directors, Elliott acknowledged that fellow investors, stakeholders, market analysts and advisors…

July 20, 2021
PG&E Proposing Broad California Wildfire Mitigation in Rate Hike Request

PG&E Proposing Broad California Wildfire Mitigation in Rate Hike Request

Stoked by concerns over wildfire risks and mitigation, Pacific Gas and Electric Co. (PG&E) has asked California regulators to approve up to $5.5 billion in a rate hike from 2023-2026, a period during which it plans to spend $7.4 billion for related safety programs. About half of the general rate increase would cover wildfire reduction…

July 9, 2021
National Grid Forecasting New York City, Long Island Natural Gas Shortfall in Coming Winters

National Grid Forecasting New York City, Long Island Natural Gas Shortfall in Coming Winters

National Grid believes that there will be a gas shortfall in lower New York state in the winter of 2022-2023 if new infrastructure projects aren’t able to go ahead. Without new infrastructure, a gap of 9,000 Dth/d would open up and continue to grow to a gap of 518,000 Dth/d in 2035-2036, the utility said.…

July 8, 2021
Xcel, NRG Report Better-Than-Expected Decarbonization Results, Unveil New Goals

Xcel, NRG Report Better-Than-Expected Decarbonization Results, Unveil New Goals

Xcel Energy Inc. and NRG Energy Inc. recently reported carbon dioxide (CO2) reductions of more than 50% from baseline levels and unveiled new goals centered on electric vehicles as the utilities continue to search for ways to lower their emissions footprints. In its 16th annual sustainability report, Xcel reported a 51% CO2 reduction from electricity…

July 7, 2021
Sempra CEO Calls California, Texas Utilities ‘No. 1 Story’

Sempra CEO Calls California, Texas Utilities ‘No. 1 Story’

San Diego-based Sempra plans to add to its five-year $32 billion capital expenditure (capex) budget, with most for the utilities in California and Texas, senior executives reported on Tuesday. Since last year the California utilities Southern California Gas Co. (SoCalGas) and San Diego Gas and Electric Co (SDG&E) have added $900 million to capex plans…

July 2, 2021
Sempra, DOE Looking to Partner on Low Carbon Solutions

Sempra, DOE Looking to Partner on Low Carbon Solutions

The Department of Energy’s National Renewable Energy Laboratory (NREL) has signed a memorandum of understanding (MOU) with San Diego-based Sempra Energy to work on decarbonization strategies. In the MOU, Sempra and NREL agreed to focus on advancing artificial intelligence to scale solutions across the United States. They also plan to integrate low-carbon fuel solutions, including…

June 21, 2021
California Using Energy Reliability Options to Cut Wildfire Risks to Power Grid

California Using Energy Reliability Options to Cut Wildfire Risks to Power Grid

The size of California’s wildfires doubled year/year in 2020, so state officials are throwing technology enhancements at the seasonal challenge through the utilities, grid operators and energy planners. “One of the biggest lessons we have learned is how unpredictable fire dangers and climate both are, and we’re still grappling somewhat with how to prepare for…

June 21, 2021