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Pinnacle West Capital Corporation (PNW) Q2 2021 Earnings Call Transcript
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Pinnacle West Capital Corporation (PNW) Q2 2021 Earnings Call Transcript
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Published Saturday, July 3, 2021
by Elizabeth Troutman | The Center Square contributor
(The Center Square) - The head of the Arizona Corporate Commission worries that California power officials moving their wattage to the front of the line would export power outages to Arizona and elsewhere.
The Federal Energy Regulatory Commission (FERC) recently decided to allow the California Independent System Operator (CAISO) to prioritize energy flow throughout California over Arizona. This concerns to the chairwoman of the Arizona Corporation Commission (ACC), Lea Marquez Peterson.
CAISO petitioned FERC to make changes to its tariff related to transmission priority through California in response to the extensive blackouts in August 2020. The summer readiness plan approved by California s primary grid operator deprioritized the electrical wattage sent outside the golden state when the power demand is high.
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