PG&E’s net income climbs despite wildfire liability questions
Despite questions raised about the company’s liability for the fires in Northern California and a slight drop in operating revenues, net income for Pacific Gas and Electric Co. rose 41 percent for the quarter ended Sept. 30. In an earnings release Nov. 2, the company brought down its full-year earnings guidance, citing the reinstatement of Read More →
New bids to replace Puente Power Project likely to be smaller
A new round of bids for a replacement for the now-shelved Puente Power Project will likely save consumers money, according to an influential state senator representing Ventura County. Sen. Henry Stern, a Democrat whose district includes Simi Valley and Thousand Oaks, told a panel at the 47th annual Ventura County Economic Development Association outlook conference Read More →
Cal Poly SLO to study Diablo Canyon closure
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Energy commission committee opposes Puente Power Project
Story updated at 1:20 p.m. Oct. 6: A California Energy Commission committee assigned to evaluate the Puente Power Project announced Oct. 5 that the project did not meet regulatory standards and it would not recommend approval. The preliminary opinion was not an actionable decision, but came in response to a letter sent Sept. 29 by Read More →
SimpliPhi Power to provide off-grid energy storage system in New Zealand
Ojai-based SimpliPhi Power announced Oct. 3 that it had contracted with electricity distributor Powerco to build an off-grid renewable energy storage system called Base Power in New Zealand. The system provides supplemental or alternative energy to areas where upgrades to the network were not deemed to be cost effective. After initial trials, Powerco ordered 20 Read More →
Cal Poly SLO contracts with REC Solar for solar farm project
Cal Poly San Luis Obispo announced the launch of a 4.5 megawatt solar farm project Oct. 3 that will provide around a quarter of its total electricity usage. The university has contracted with REC Solar to finance construction and maintenance through a power purchase agreement. Construction began in late September and is expected to be Read More →
Community Choice Energy costly option for Central Coast
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