California

If you’ve been following the news, you know that Pacific Gas and Electric Co. (PG&E) recently filed for Chapter 11 bankruptcy protection because it is facing tens of billions of dollars in liability for

A private New York-based real estate investment company that focuses on North American energy projects has reached an agreement with officials in Farmington, New Mexico, to keep the coal-fired San Juan Generating Station open beyond 2022. The city is part-owner of the 847-MW plant, and the other owners—which include Tucson Electric Power, Los Alamos County, […]

GeoGenCo Nears Final Design Completion EL CENTRO, Calif., Feb. 20, 2019 /PRNewswire/ — GeoGenCo, LLC has completed their semi-final designs for their next generation True Geothermal 20-megawatt (MW) power plant in Imperial Valley, CA. GeoGenCo has a 15 MW Power Purchase Agreement with Imperial Irrigation District (IID) and expects to be providing power by June […]

California Governor Gavin Newsom on February 12 said the state has formed a “strike team” as it works to develop plans to help not only utility ratepayers but also utility employees. The move comes in the wake of the bankruptcy filing by Pacific Gas & Electric (PG&E) as the state’s largest utility deals with its […]

COMMENTARY Launched last week by New York Representative Alexandria Ocasio-Cortez, the “Green New Deal” appears to pick up where President Franklin Roosevelt left off with his “Second Bill of Rights” announced in his 1944 State of the Union Address1. More manifesto than mandate, the Green New Deal seeks to be a lens through which legislators’ […]

California utility Pacific Gas and Electric (PG&E) filed for Chapter 11 bankruptcy on Jan. 29, as the company faces as much as $30 billion in potential liabilities for its role in a series of wildfires in the state. The filing was expected after the company notified its workers two weeks ago it was preparing a […]

Shares of beleaguered California utility Pacific Gas & Electric (PG&E) soared on Jan. 24 after a state agency said the company bore no responsibility for a 2017 wildfire in the state. A statement from the California Department of Forestry and Fire Protection (Cal Fire) on Thursday said, “After an extensive and thorough investigation, Cal Fire […]

Pacific Gas & Electric (PG&E) on Jan. 23 said a federal judge’s proposal that the utility mitigate fire danger in its service territory by trimming trees, along with inspecting and repairing thousands of miles of power lines, could cost the company as much as $150 billion this year. William Alsup, a judge in the U.S. […]

New York Gov. Andrew Cuomo (D) is continuing his push for renewable energy in the state, as the governor on Jan. 15 announced an initiative for New York to achieve 100% carbon-free power generation by 2040. Cuomo’s “Green New Deal,” part of his 2019 Justice Agenda and as part of the state budget, calls for […]

California utility PG&E Corp. on Jan. 14 gave its workers the state-required 15-day advance notice of its intent to file a Chapter 11 bankruptcy. The company on Monday said its electric and natural gas service to customers should not be impacted during its reorganization, which comes as PG&E faces billions of dollars in liabilities related […]