In a joint effort to deliver more clean energy at a lower cost to customers, the California Energy Commission (CEC), California Public Utilities Commission (CPUC), California Independent System Operator (CAISO), Pacific Gas and Electric Company (PG&E), Southern California Edison (SCE), and the University of California, Berkeley Energy Institute at Haas submitted a grant application for $2 billion to the U.S. Department of Energy's (DOE) Grid Resilience and Innovation Partnerships (GRIP) Program
(Bloomberg) -- When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit pointed the finger at its dilapidated equipment — and this was making the company’s investors very nervous.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainChina Tells Iran Cooperation Will La
Natural gas will still be needed for electricity generation in California's clean energy transition, Edison International chief Pedro Pizarro said on Tuesday at an industry conference. Natural gas is the cheapest and most reliable power generating source in the most populous U.S. state, said Pizarro. Edison International is the parent company of electric utility Southern California Edison.