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NRG discloses nearly $1B hit from Texas grid collapse

The power producer is working to recover some of is losses from the devastating winter storm that wreaked havoc with the Lone Star State's electric grid and gas pipelines.



Fri, 07 May 2021 10:33:00 -0400


Arizona regulators toss 3-year effort for 100% clean energy mandate

A proposal to create an energy storage target, a 100% clean energy by 2050 mandate and a slew of other decarbonization priorities was rejected 3-2 by the Arizona Corporation Commission, despite support from utilities and others.



Fri, 07 May 2021 10:31:00 -0400


PG&E gets greenlight for $7.5B wildfire securitization, but consumer advocates raise challenges

Utility securitizations generally involve costs that ratepayers would be paying for anyway, but "that is not the situation here," said April Rose Maurath Sommer, executive and legal director of the Wild Tree Foundation. 

 



Fri, 07 May 2021 10:14:00 -0400


ERCOT looks to 'restore trust,' identifies 3 unlikely summer blackout scenarios after winter disaster

The Electric Reliability Council of Texas has issued a summer assessment with new details on potentially devastating scenarios, though the grid operator maintains they have little chance of occurring.



Fri, 07 May 2021 08:00:00 -0400


NYISO head eyes new technologies to reach zero emissions, saying renewables and storage not enough

The New York ISO is on track to distribute 70% renewable energy by 2030, its CEO says, but eliminating carbon emissions and replacing natural gas by 2040 will require the use of emerging technologies.



Thu, 06 May 2021 10:06:00 -0400