After a 15-month investigation, the California Department of Forestry and Fire Protection ruled California’s largest utility PG&E Corp was not responsible for causing the deadly 2017 Tubbs [...]
PG&E Corp will enter bankruptcy by January 29. That’s the gist of a filing California’s largest electric utility made with the US Securities and Exchange Commission this week. But traders [...]
Taxing Text Messages & Electricity – One Way Texas Is Like California: Unelected Officials Can “Tax”
Rather than force Texas consumers to fix an electricity reliability problem created by cheap, subsidized, yet unreliable wind power with a hidden $4 billion tax enacted by... the PUC, a better [...]
China needs natural gas. The United States has tons of it. But Donald Trump has smothered the potential for trade between the two countries, effectively preserving the trade deficit his trade war [...]
At the end of August California passed legislation that allows utilities to “securitize” billions of dollars in fire disaster liabilities. Companies will be able to issue bonds to cover fire [...]
In response to Trump’s proposed tariffs, China has said it would hit America’s LNG and crude oil exports. That would hurt, given that China is becoming the world’s biggest importer of those fuels [...]
The activist investors value Sempra's liquefied natural gas business at as much as $31 per share, but one analyst thinks that's too rich.
NextEra's $6.5 billion purchase of Southern Co.'s Florida assets will help the buyer in its search for growth and the seller in its search for capital.
Energy storage markets are now projected to expand even further because of falling prices and favorable public policies, allowing those technologies to get compensated the same as a typical [...]
Just as federal energy regulators said that they would not endorse the propping up of older coal-fired power plants, Xcel Energy announced that the it received a record number of low-priced bids [...]