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CPUC Penalizes SCE for 2017 – 2018 Wildfires

The California Public Utilities Commission (CPUC) today approved penalties and permanent disallowances against Southern California Edison (SCE) for violations related to the ignition of five 2017 – 2018 Southern California wildfires. Under a proposed settlement with the CPUC’s Safety and Enforcement Division (SED), SCE shareholders will pay a $110 million penalty to California’s General Fund, …

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Solar power advocates slam new California proposal to reduce subsidies

California regulators on Monday proposed significant changes to the state’s solar incentive program in a move vehemently opposed by industry advocates. The new policy would reduce payments granted to solar customers for the excess power they generate — a policy known as net-energy metering — and also add monthly charges for customers. These changes would …

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Solar Energy UK calls for long-term structural reforms in response to price cap

Chancellor Rishi Sunak unveiled the new measures to support households amidst the price rises in parliament. Image: Eric Hossinger. Solar Energy UK has called for long-term structural reforms to accelerate the growth of renewables in response to the increase in the energy price cap. Ofgem yesterday (3 February) unveiled a 54% increase in the energy …

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CPUC Approves Energy Storage Contract for SCE

The California Public Utilities Commission (CPUC), in ongoing efforts to ensure summer energy reliability and support a healthy environment, today approved an energy storage contract for Southern California Edison (SCE) to come online by August 1, 2022. The CPUC authorized SCE to enter into a $1.226 billion, 537.5 megawatt (MW) engineering, procurement, construction, and maintenance …

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California proposes big changes to rooftop solar incentives

California officials want to slash payments for rooftop solar power, saying the changes would help the state achieve 100% clean energy while keeping the lights on, preventing electricity rates from rising and encouraging people to install batteries. But solar executives are furious with the changes, saying they would backfire and crater a thriving industry. The …

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High power prices drive £22m uplift in Octopus Renewables Infrastructure Trusts NAV in Q4

Published: 7 Feb 2022, 12:26 ORIT has 123MW of solar capacity in the UK, along with 50MW of wind. Image: Octopus Renewables. High power prices in the UK and Europe have pushed up the net asset value (NAV) of Octopus Renewables Infrastructure Trust’s (ORIT) portfolio, hitting £577.7 million or 102.26 pence per ordinary share at …

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CPUC Seeks Applications for Diablo Canyon Independent Safety Committee

The California Public Utilities Commission (CPUC) today began soliciting applications for nominees to the Diablo Canyon Independent Safety Committee.  There is one vacancy on the Committee for a three-year term that begins on or after July 1, 2022 and ends on June 30, 2025. The Committee assesses the safety of the operations of Pacific Gas …

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Editorial: Don’t turn the lights out on California’s solar rooftop revolution

California is betting big on a not-too-distant future in which burning fossil fuels to cool homes or propel cars is just a bad memory, and all power comes from clean, renewable sources like the sun, wind and water. It’s a bold goal that will require visionary and sometimes uncomfortable leadership to achieve. That’s why it’s …

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Shareholders call on Whole Foods to eliminate single-use plastic packaging

BOSTON – Green Century Capital Management° and Amazon shareholder Sara Sackner, with support from shareholder advocacy organization As You Sow, have jointly filed a shareholder resolution with Amazon.com, Inc.* (Amazon) urging the company to reduce its use of plastic packaging across its operations, including Whole Foods Market. Green Century is PIRG and Environment America’s affiliated …

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Balance Power gets green light for 50MW battery storage project

Published: 8 Feb 2022, 00:01 Balance Power currently has 380MW of battery storage in the planning process. Image: Balance Power. Balance Power has been given the green light to develop a 50MW/100MWh battery storage project in Upton Lane, Test Valley, Hampshire. Test Valley Council granted development approval following local support, and construction of the site …

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