EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

Hydrostor Announces Offtake Agreement with California Community Power for the Willow Rock Energy Storage Center

LCG, February 12, 2026--Hydrostor today announced that the Willow Rock Energy Storage Center has signed a 50 MW offtake agreement with California Community Power (CC Power) on behalf of six of its community choice aggregator members: CleanPowerSF, Peninsula Clean Energy, Redwood Coast Energy Authority, San Jose Clean Energy, Silicon Valley Clean Energy Authority and Valley Clean Energy Authority.

Read more

VoltaGrid and INNIO Collaborate on 1.5 GW Deal for Behind-the-Meter Data Center Power Generation

LCG, February 4, 2026--Natura Resources LLC (Natura), a developer of advanced molten-salt nuclear reactors, announced yesterday that it has signed an agreement with NGL Water Solutions Permian LLC, a subsidiary of NGL Energy Partners LP (NGL), to pursue opportunities to combine Natura's advanced nuclear reactor technology with thermal desalination for power production and oil and gas produced water treatment. NGL transports, treats, recycles and disposes of more than 3 million barrels per day of produced and flowback water generated from crude oil and natural gas production in the Permian Basin.

Read more

Industry News

PG&E: The Once-beloved Utility

LCG, April 9, 2001When we were a boy in the 1930s, everyone in Northern California admired Pacific Gas & Electric Co. Even better, everyone liked PG&E. When the company filed on Friday for protection under Chapter 11 of the U.S. bankruptcy code, it was widely vilified. That wasn't the good old PG&E we knew, admired and liked.

It's a stretch, but PG&E can lay claim to being the oldest electric utility in the United States. The company got part of its start as the San Francisco Gas Co. in 1852. Another part of its start began in the gold fields of the Sierra Nevada a few years later.

Mine owners needed a reliable source of power and looked to harness the water flowing in the region's rivers and through its mining flumes and ditches. A water wheel developed in Nevada City was put to work and soon there was a burgeoning business in hydroelectric energy, tiny by any standards, but getting the job done.

A group of investors acquired control of the hydro facilities and developed more, forming the California Gas & Electric Co.

Back in San Francisco, Father Joseph Neri, a Jesuit affiliated with St. Ignatius College (now University of San Francisco) had experimented with electricity on his own and had developed an arc light in 1871. In 1874, he acquired an early "dynamo" and illuminated the school's bell tower. Father Neri illuminated San Francisco's centennial parade in 1876, attracting more interest in electric power.

San Francisco's California Electric Light Co., incorporated in 1879, was the first power company in the world to have a central generating station for the distribution of electricity to private customers. Every earlier installation had produced power for the sole use of the business or municipality that built it.

In 1877, in Cleveland, Ohio, one George Brush developed a powerful generator, one of which found its way to the founders of California Electric Light in 1878. This generator was installed in Yuba City, north of Sacramento, and attracted enough capital to get the fledgling company off the ground. In 1879, the company built a powerhouse on Market Street in San Francisco.

In 1905, San Francisco Gas Co. merged with California Electric Light Co. and the hydroelectric company came along. The new company was called Pacific Gas & Electric Co. Only one significant change has occurred since, when PG&E acquired Great Western Power Co. in 1930.

Early customers set the tone for those who followed. They were paying a few cents a month to light an electric lamp, where they had had none before. As usage grew, so did the bills, but again the comparison was not with other electric bills but between having electricity and not having it. The good people at the utility delivered a new necessity.

PG&E actually prospered during the Great Depression because it delivered that new necessity and many who would otherwise be unemployed were happy to work for the company. During World War II, the company grew rapidly in response to the demand for power by factories producing the goods of war and the thousands of new Californians who had come to work in them.

The company's popularity continued unabated even when, in partnership with General Electric Co., it built the Vallecitos atomic energy plant in 1957. But the seeds of its unpopularity were planted. There had been since the end of the war a vocal cult that feared and opposed nuclear power. The environmental movement was just getting started. The free speech movement at the University of California legitimized civil disobedience in the eyes of some.

In 1963, these forces combined to defeat an attempt by the company to build a nuclear power plant at Bodega Bay, north of San Francisco, and in 1967 PG&E was forced to shut down its Humboldt Bay nuclear plant in the northwest corner of the state because it had not been built to withstand earthquakes which have not yet occurred.

Through the 1970s and 1980s, protests over the construction of the Diablo Canyon nuclear plant near San Luis Obispo put PG&E thoroughly on the defensive, and the company's management was changing to match the opposition. Gone were the electric power professionals and entrepreneurs to whom the gas and electric customer could relate, replaced by accountants and lawyers.

A fellow with whom we had graduated from high school in 1947 went to work for PG&E rather than to college and made a career out if it, retiring in about 1990, with time out only for the Korean War. He will tell you today that the utility had become by the time he retired a profit-driven machine with little of the familial feeling he had enjoyed for so many years.

But we'll bet the news of PG&E's bankruptcy ruined his weekend.

Copyright © 2026 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service