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PG&E makes record $2 2B but needed to borrow $1 4B from State of California

PG&E makes record $2 2B but needed to borrow $1 4B from State of California
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State of californiaUnited statesDiablo canyonGavin newsomDelphine houScott weinerCalifornia department of water resourcesCalifornia legislatureDepartment of energyWeiner coCalifornia public utilities commissionGolden stateKeystone copThird worldCalifornia departmentWater resources

California loaned PG&E $1 4B to keep Diablo Canyon open Can the utility pay it back?

In a tight budget year, lawmakers are worried that the state’s largest utility can’t repay at least $300 million of a state loan

United statesDiablo canyonD san franciscoMatt freedmanJoe stephenshawMike mcguireScott wienerGavin newsomLynsey pauloDepartment of energyUtility reform networkDepartment of financePacific gasGeneral fundMid north coastSan francisco based

Despite Phase-Out, Three SoCal Natural Gas Plants to Stay Open Through 2026

The State Water Resources Control Board is overseeing the phase-out of natural gas plants in Southern California but it just extended operations at power plants in Oxnard, Huntington Beach, and Long Beach for another three years and the Scattergood Generating Station in Playa Del Rey for another five years.

Huntington beachUnited statesPlaya del reyLong beachDave shuklaMark millerLos angelesDelphine houEric wattsHenry sternGavin newsomCentral coast alliance unitedCalifornia energy commissionLong beach alliance for clean energyDepartment of water resourcesSouthern california

Controversial Decision Keep 3 Natural Gas-Fired Generating Stations Open to Shore Up Grid

Three fossil fuel plants will stand by to provide emergency power for three more years despite California’s mandate to switch to clean energy by 2045.

Long beachUnited statesPlaya del reyHuntington beachHenry sternLos angelesDave shuklaJoaquin esquivelMark millerGavin newsomEric wattsDelphine houCentral coast alliance unitedDepartment of water resourcesLong beach alliance for clean energyCalifornia energy commission

Oxnard s Ormond Beach natural gas plant to stay open through 2026

California officials agreed to extend operations at three natural gas plants, including one in Oxnard, to shore up the state s straining power grid.

United statesPlaya del reyLong beachHuntington beachLos angelesGavin newsomJoaquin esquivelMark millerDave shuklaHenry sternRachel beckerEric wattsDelphine houCentral coast alliance unitedLong beach alliance for clean energyCalifornia energy commission