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Cal-ISO defends plan to limit some #congestion hedging, rein in speculation

Cal-ISO defends plan to limit some congestion hedging, rein in speculation The California Independent System Operator is defending its plan to limit financial speculation related to congestion revenue rights, arguing that market participants will still have ample opportunities to hedge congestion costs. “Given the significant ratepayer losses under the current rules, it is entirely reasonable … Continue reading Cal-ISO defends plan to limit some #congestion hedging, rein in speculation

Big utilities are desperately trying to stick customers for the bills from California wildfires

Big utilities are desperately trying to stick customers for the bills from California wildfires Does there exist anywhere a whinier, more petulant, more entitled gang of businesses than California’s big utility companies? PGE Corp., Edison International, and Sempra — the parents of Pacific Gas & Electric, Southern California Edison and San Diego Gas & Electric— … Continue reading Big utilities are desperately trying to stick customers for the bills from California wildfires

Electricity markets are wooing #Wyoming industry, but regulators remain cautious

Electricity markets are wooing Wyoming industry, but regulators remain cautious If Wyoming’s largest utility had joined the California Independent Operator System’s grid, which it considered a few years ago, the merger would have revolutionized the western power sector. A study commissioned by the grid operators estimated $9 billion in cost savings for customers over two … Continue reading Electricity markets are wooing #Wyoming industry, but regulators remain cautious

RTOs Take to Catwalk for Western Commissioners

RTOs Take to Catwalk for Western Commissioners VANCOUVER, Canada — The three RTOs vying to organize Western electricity markets on Thursday faced off before an audience of utility regulators in what one state commissioner billed a “beauty pageant.” “Thank you for competing,” Montana Public Service Commission Vice Chairman Travis Kavulla jokingly told representatives of CAISO, … Continue reading RTOs Take to Catwalk for Western Commissioners

#Palo_Verde nuclear plant could close if renewable – energy measure passes, APS says

Palo Verde nuclear plant could close if renewable-energy measure passes, APS says The nation’s biggest producer of electricity, the Palo Verde Nuclear Generating Station, could be forced to close in the next decade if voters approve a renewable-energy ballot measure, the plant’s owners said. The plant is run by Arizona Public Service Co., which is … Continue reading #Palo_Verde nuclear plant could close if renewable – energy measure passes, APS says

CAISO approves clean energy, storage and system upgrades to replace gas plant

CAISO approves clean energy, storage and system upgrades to replace gas plant The state’s grid operator has chosen utility PG&E’s proposed mix of substation upgrades, energy storage, renewable energy and demand response to replace a petroleum-fired plant. California has become the cutting edge of the energy transition in the United States. Not only was the … Continue reading CAISO approves clean energy, storage and system upgrades to replace gas plant

#APS – financed study predicts #Arizona job losses if renewable s initiative succeeds

APS-financed study predicts Arizona job losses if renewables initiative succeeds PHOENIX — A study financed by Arizona’s largest electric company predicts a loss of jobs and disposable income if voters require utilities to get half their energy from renewable sources by 2030. There would be up to 501,000 “job years of employment’’ lost by 2060 … Continue reading #APS – financed study predicts #Arizona job losses if renewable s initiative succeeds