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FERC and NERC Issue Joint Report on System Performance During the January 2025 Arctic Weather

LCG, April 17, 2025--The Federal Energy Regulatory Commission (FERC), the North American Electric Reliability Corporation (NERC), and its Regional Entities today issued a joint staff report concluding that the nation’s Bulk-Power System (BPS) "performed well during successive cold weather events in January 2025, without major issues in either the natural gas or electric systems."

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Matrix Renewables Announces the Commissioning of Pleasant Valley Solar 1

LCG, April 15, 2025--Matrix Renewables announced today the successful commissioning of the Pleasant Valley Solar 1 power generation facility in Ada County, Idaho. The 200-MWac solar facility includes a Power Purchase Agreement (PPA) that was secured through negotiation with Meta and Idaho Power. Matrix Renewables states the facility is the largest operational solar facility in Idaho Power's system. Sundt Renewables, the Engineering, Procurement, and Construction (EPC) services provider, completed construction of the project on March 2nd.

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Industry News

PG&E Utility Cost Recovery Trial to be Held Next Year

LCG, August 19, 2002-California utility Pacific Gas & Electric claims it should be allowed to recover its losses from consumers, and a trial will take place June 9, 2003 to determine whether or not the CPUC kept the utility from operating profitably.

During the electricity crisis of 2000/2001, the utility incurred some $9 billion in undercollections because the California Public Utilities Commission had frozen retail electricity prices to protect consumers. PG&E utility is suing to recover the losses caused by high wholesale rates and low retail rates.

U.S. District Court of San Francisco has found that there is legal basis for the trial and has set a date. The discovery period will take place between November 6 and February 11, and settlements will be allowed before April 18.

The utility is currently in court regarding its emergence from bankruptcy. Friday will see oral arguments heard in Federal court. The utility's bankruptcy plan requires pre-empting state laws, action unacceptable to the state bankruptcy Judge involved; the matter has been taken to Federal court on appeal.

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