CPUC weighing PG&E rate hike over Diablo Canyon closure
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Judge denies PG&E request to raise rates over Diablo Canyon closure
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NRG allowed to suspend proceedings on Puente Power Project
The California Energy Commission granted Houston-based NRG Energy’s request to suspend its proceedings on the Oxnard Puente Power Project. The decision gives the company six months to decide whether it wants to move forward with the Puente proposal, during which time regulators and utility Southern California Edison have indicated that they plan to conduct an Read More →
PG&E’s net income climbs despite wildfire liability questions
Despite questions raised about the company’s liability for the fires in Northern California and a slight drop in operating revenues, net income for Pacific Gas and Electric Co. rose 41 percent for the quarter ended Sept. 30. In an earnings release Nov. 2, the company brought down its full-year earnings guidance, citing the reinstatement of Read More →
New bids to replace Puente Power Project likely to be smaller
A new round of bids for a replacement for the now-shelved Puente Power Project will likely save consumers money, according to an influential state senator representing Ventura County. Sen. Henry Stern, a Democrat whose district includes Simi Valley and Thousand Oaks, told a panel at the 47th annual Ventura County Economic Development Association outlook conference Read More →