California PUC Targets Doubling Renewable Energy by 2030

LCG, March 27, 2020--The California Public Utilities Commission (CPUC) yesterday unanimously approved a new emissions target for its electric sector that would double California's clean energy capacity through 2030 and effectively block new natural gas-fired electric generating facilities.

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Tennessee Valley Authority Issues RFP for 200 MW of Renewables

LCG, March 19, 2020--The Tennessee Valley Authority (TVA) issued a request for proposals (RFP) on March 13 to develop up to 200 MW of stand-alone renewable energy resources or renewable energy resources configured with battery energy storage systems (BESS). Solar resources must be tracking, and the projects must be commercially operational and providing power by September 29, 2023 or earlier.

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Industry News

Two SoCal Ed Bills ClearCalifornia Assembly Panel

LCG, July 19, 2001The California state Assembly Energy Cost and Availability Committee came to a fork in the road last night and took both routes, voting in favor of two widely divergent measures aimed at providing cash to nearly-bankrupt Southern California Edison Co.

The panel voted 11-9 in favor of a bill that would pay SoCal Ed $2.4 billion for its transmission assets. The measure also relies on power producers to reduce their claims against the utility for unpaid bills by 30 percent.

Critics of the bill complain that it is too complicated and say it might be better to let SoCal Ed join Pacific Gas & Electric Co. in bankruptcy court. But proponents counter that keeping the utility out of bankruptcy is crucial to getting the state out of the power purchasing business.

Democrat Assemblyman Fred Keeley of Boulder Creek conceded the measure was complicated but said lawmakers sometimes have to deal with messy situations. "If this was easy, or if this was simple, we wouldn't call it a crisis," he said before the vote. "This is far beyond a problem or a policy that we can debate and as a consequence the solutions are neither simple or easy."

Late last night, the Assembly Appropriations Committee approved the bill 12 to 6, and it could come to a floor vote as early as today.

A second bill that cleared the Assembly committee by a 12-3 vote was described by its author, Los Angeles Democrat Rod Wright, as a "straight bailout." The state would back a $3.5 billion SoCal Ed bond issue and be repaid through a $2 per month charge on customer bills.

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