California

NRG Energy’s shopping spree, which has seen it become the nation’s largest merchant generator through a string of acquisitions, continued this week as subsidiary NRG Yield announced on June 4 that it has agreed to acquire the mammoth Alta Wind facility in Tehachapi, Calif., from Terra-Gen Power LLC. The Alta Wind farm has an operating […]

A natural gas shortage triggered by extreme cold weather in much of the U.S. and Canada has affected supplies to power plants in drought-stricken California and forced the California Independent System Operator (CAISO) on Thursday to issue a conservation alert.  CAISO said the natural gas shortage was only affecting Southern California but appealed to customers […]

A years-long drought afflicting California could put financial pressure on a number of the state’s hydropower generators, a ratings agency warns.  Fitch Ratings on Friday said that while the financial impact could be manageable, utilities that depend on hydropower generation for the most part may be forced to use more expensive generation and purchased power […]

A series of derivative lawsuits has recently been filed against the officers and directors of Pacific Gas and Electric Co. (PG&E) based on the explosion of a PG&E gas transmission line in San Bruno

The California Public Utilities Commission (CPUC) today unanimously established an energy storage target of 1,325 MW that California’s largest investor-owned utilities, Pacific Gas and Electric Company, Southern California Edison, and San Diego Gas & Electric, must meet by 2020. The decision will help California optimize the grid with measure such as peak reduction, contribute to […]