Pacific Gas and Electric Company announced a $11 billion settlement representing about 85 percent of insurance claims associated with the 2017 and 2018 wildfires in California, according to a Sept. 13 press release. The agreement comes on the heels of PG&E’s reorganization plan filed with the U.S. Bankruptcy Court for the Northern District of California,…
DetailsNearly 600 million short tons of coal was shipped to the U.S. electric power sector in 2018, the lowest level since 1983, according to the U.S. Energy Information Administration. Coal shipments to the electric power sector in 2018 were 7 percent (47 million short tons) lower than the previous year. More than 75 percent of the…
DetailsThe California Public Utilities Commission approved new budgets, modified incentives and rules for energy storage under its Self-Generation Incentive Program, as part of an ongoing effort to improve wildfire resiliency throughout the state, according to a September 12 press release. The program upgrade consists of a $100 million resiliency fund that supports the installation of energy storage in…
DetailsThe New York State Board on Electric Generation Siting and the Environment granted approval to Baron Winds LLC to build and operate a 242 megawatt wind farm in western New York, according to a September 12 press release. According to the regulator, Baron Winds project will consist of up to 68 high-capacity, 492-foot tall wind turbines…
Details
