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California Energy Markets / This Week
[CEM 1509 / October 12, 2018]
New PCIA Established Despite Backlash
Reforms to the Power Charge Indifference Adjustment approved by the California Public Utilities Commission at its Oct. 11 business meeting drew large-scale backlash from community choice aggregators, but commissioners maintain the decision is the best way to ensure costs are fairly shared among all ratepayers. CCA advocates say the move will cripple community choice in the state.
CPUC Adopts Program to Reduce Methane Leakage
The California Public Utilities Commission adopted a large-scale effort to reduce methane leaks from aging utility infrastructure, approving a series of individual utility plans that are forecast to cost about $315 million. The plans are part of the agency’s Natural Gas Leak Abatement program, jointly created with the California Air Resources Board. The program aims to reduce methane emissions to 40 percent below 2013 levels by 2030.
CAISO Refining Changes Aimed at EIM Hydro Resources
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The California Independent System Operator is gathering feedback on a proposed set of rules for CAISO and the Western Energy Imbalance Market to address market-mitigation procedures that are forcing hydro resources to sell energy at prices below their marginal costs. CAISO is gathering comments on the proposed changes to its market-mitigation, default energy-bid structure and other processes.
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