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California Energy Markets / This Week
[CEM 1500 / August 10, 2018]
Lawmakers, Utilities, Public Advocates Hash Out Utility Wildfire Liability
Debate flared in Sacramento in early August as utilities, public advocates and others presented sharply divergent opinions on new legislation pushed by Gov. Jerry Brown that could ease utilities’ liability for catastrophic wildfires caused by their infrastructure. The Legislature has only a few weeks to resolve the myriad issues and conflicting viewpoints as wildfires and their associated costs continue to increase.
CCAs Recommend Review of PG&E Portfolio Management Strategies
A group of community choice aggregators is encouraging the California Public Utilities Commission to evaluate and develop metrics regarding Pacific Gas & Electric’s portfolio management practices in the utility’s 2019 Energy Resource Recovery Account proceeding. The CCAs are concerned about a proposed 10 percent increase in the Power Charge Indifference Adjustment revenue requirement included in PG&E’s 2019 ERRA application.
California AG Releases Aliso Settlement
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Southern California Gas Co. would pay $120 million for the methane leak from the Aliso Canyon natural gas storage field in Porter Ranch, under a legal settlement announced Aug. 8 that requires court approval to become final. The parties will take public comment on a related mitigation agreement before asking the Los Angeles Superior Court to approve the settlement, which comes more than two years after the monthslong leak ended in February 2016.
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