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FRIDAY AGGREGATE: Woolsey Fire Update; IOUs' Energization Costs; SCE's IT/Enterprise Resource Funding

Today's report includes the following items.

  • WOOLSEY FIRE: A prehearing conference convened in the proceeding where SCE seeks a financing order under the Public Utilities Code to securitize $1.951 billion in Woolsey Fire-related costs recorded in its Wildfire Expense Memorandum Account. Relatedly, a Commissioner Matt Baker scoping memo sets an intervenor testimony deadline of March 4.
  • ENERGIZATION: PG&E, SCE, and SDG&E jointly filed a motion in R.24-01-018 seeking authorization to establish memorandum accounts to track costs associated with funding an Energy Division contract to analyze energization data.
  • ENTERPRISE RESOURCE PLANNING: In February 20 reply briefs, parties offered conflicting views on SCE's request to recover costs for its NextGen Enterprise Resource Planning program. SCE argues the program is necessary because its existing ERP system faces imminent obsolescence, posing operational and cybersecurity risks.
  • NATURAL GAS RESEARCH: PG&E filed an application for rehearing of CPUC Resolution G-3618, arguing that the CPUC unlawfully denied recovery of approximately $7.2 million in Gas Research, Development, and Demonstration program costs incurred in 2023-2024.
  • NATURAL GAS STORAGE: A SoCalGas advice letter lowers the storage injection fuel retention, which slightly improves the economics of injecting gas into storage ahead of the new storage year.

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