PG&E wins court case allowing it to renegotiate $34 billion in renewable energy contracts

Guest essay by Larry Hamlin Pacific Gas & Electric has won a huge legal decision from the bankruptcy court agreeing with its position that in can proceed to renegotiate $42 billion dollars in costly energy power purchase contract commitments including many renewable energy contracts. This decision will likely be appealed but for the time being…

Advertisements

Unusual Cool Temperatures over the Pacific Northwest Leads to Strong Winds and Power Outages in California

Reposted from the Cliff Mass Weather Blog Saturday brought record or near-record cold temperatures to the Pacific Northwest, and strangely enough, that led to unusual Diablo winds over northern California, with the regional utility PG&E cutting power to thousands to reduce the chance of another major wildfire. Cold temperatures potentially producing wildfires?   Ironic, perhaps, but…

‘Clean energy leader’ PG&E Filing Bankruptcy – rejects investor bailout – massive rate hike looms

If only they’d spent more money on keeping their infrastructure maintained instead of chasing green dreams. From Zero Hedge late yesterday: Confirming earlier reports that distressed California utility PG&E had rejected a proposal by some of the world’s most prominent investors that would keep it out of bankruptcy, moments ago Bloomberg reported that the board…

California’s Largest Utility Could Face Murder Charges For Sparking Wildfires

From The Daily Caller 3:56 PM 12/31/2018 | Energy Tim Pearce | Energy Reporter California’s largest utility could face murder charges or manslaughter charges if found responsible for sparking recent, deadly wildfires around the state, according to the state attorney general. California Attorney General Xavier Becerra, a Democrat, filed documents Friday with Northern California’s federal…

Cooking Grandma

Guest Post by Willis Eschenbach I got to thinking about the way that California prices its electricity, which is never a good thing for a man’s blood pressure. When I was a kid, the goal of the Public Utilities Commission and Pacific Gas and Electric was to provide cheap electricity. The Bonneville Dam and the…