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California Energy Markets / This Week
[CEM 1527 / February 22, 2019]
‘Window of Opportunity’: Utilities Ask for Prompt SB 901 Wildfire Liability Action
Attorneys for Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric asked state regulators to swiftly implement SB 901 and create a framework for wildfire cost recovery, saying there is a limited window of opportunity before their financial prospects further deteriorate. Among the asks: extending the SB 901 disallowance threshold to 2018 wildfires in addition to 2017 fires, a request that was widely criticized by other stakeholders at a Feb. 20 prehearing conference at the California Public Utilities Commission.
CEC Report Touts Emissions Reductions, Explores Range of Energy Issues
The state’s electricity sector is exceeding legislative goals in terms of reducing greenhouse gas emissions, a new California Energy Commission report says, but the growth in renewables on the grid creates operational challenges and other system constraints persist. The update to Volume 2 of the Integrated Energy Policy Report approved by the CEC Feb. 20 also discusses building decarbonization, pipeline outages in Southern California, and a wide range of energy topics.
Community Choice Aggregators Navigate Changing Energy Landscape
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The contours of California energy markets are shifting thanks to a confluence of regulatory and market issues and consumer trends, including one newer force in play: community choice aggregators, which are moving into energy procurement for end users. But their growth has proved to have ripple effects that are drawing attention from state regulators.
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