Snapshot of Load Changes, California (CAISO) and New York City regions (NYISO NYC): an Addendum

LCG, April 6, 2020 -- Jeremy Platt, Palo Alto has made some additional observations of impact of COVID - 19 on electricity demand using the grid operators data published by LCG. This note extends the results reported on March 27, 2020. The magnitudes of load reduction are very different due to the different sizes of these regions, but the times and scales of sharp reductions of ~ 16% are remarkably similar

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California PUC Targets Doubling Renewable Energy by 2030

LCG, March 27, 2020--The California Public Utilities Commission (CPUC) yesterday unanimously approved a new emissions target for its electric sector that would double California's clean energy capacity through 2030 and effectively block new natural gas-fired electric generating facilities.

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Industry News

Some Creditors Allowed Second Vote on PG&E Bankruptcy Plan

LCG, Sep. 23, 2002--Following a vote tally on competing bankruptcy reorganization plans for Pacific Gas & Electric, U.S. Bankruptcy Judge Dennis Montali will allow some rank-and-file creditors to re-cast their votes.

While the recent vote was found to be in favor of the utility's plan, a revised version of a plan developed by the California Public Utilities Commission was supported by the official creditors' committee. Montali has agreed to allow a re-vote in some cases, but has not yet determined which creditors will be permitted to cast new ballots.

The method by which the voting would take place, or at what date, was not announced. Meanwhile, a trial to determine the legality and practicality of each plan will go ahead beginning on Nov. 12.
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