Appeals Court Grants Injunction against California Climate Risk Law: "A federal appeals court granted an injunction against one of California’s climate reporting laws. The Chamber of Commerce and other business groups have challenged the laws on First Amendment grounds and have sought to block implementation of the laws while their lawsuit proceeds." CALIFORNIA ENERGY JOURNAL
Beyond the Day-Ahead: Bridging East and West, Redefining Hubs, and International Coordination in the West: "...the Legislative Analyst’s Office reported that while only 10% of wildfires were started by utility equipment, 8 of the 20 most destructive fires in California’s history were started by powerlines. For example, the most destructive fire in state history was the Thomas fire, caused by strong winds, leading a SoCal Edison power line to arc. The grass below caught fire, and the strong Santa Ana winds carried the fire, ultimately burning 281,000 acres in less than two months." EXPORTS
Bid Optimization – ERCOT & CAISO Market Outlook: "Adding to an already volatility-starved year, California has now been hit with a streak of cloud cover, and with it the disappearance of charging prices low enough to justify day-ahead arbitrage. Cloudy conditions will dominate over the next several days, with the 21st expected to deliver less than 10 GW of peak solar production. Stronger output should return by the 23rd, at which point TB4 is likely to become a solid strategy once again. In the meantime, operators stepping back from TB4 due to weak spreads should shift their focus toward real-time energy opportunities and regulation." ASCEND ANALYTICS
California's Green Gambit – A Timeline: "Assembly Bill 118 artificially created more support for renewable energy by promoting the electrification of transportation and by directly funding projects such as the California Electric Vehicle Infrastructure Project, which sought to, but has ultimately failed, to create an interconnected network of EV charging stations to compete directly with the scale of gas stations." INSTITUTE for ENERGY RESEARCH
California Climate Data Disclosure Hit by Court Order, Emissions Rule Still Intact: "For the roughly 4,100 companies that had expected to prepare risk-reports under SB 261, the injunction creates ambiguity: whether a delayed deadline will follow, or whether state regulators may adjust their timeline, remains unclear. The outcome is being closely watched as a barometer of how far states may go in mandating climate-related disclosures, and whether such mandates survive constitutional challenge." CARBON HERALD
Choosing Between Increasing Subsidies or Lowering Rates for Electrification: "States that remain committed to addressing climate change are deciding how to respond. Choices include backfilling federal spending or backing off of their climate ambitions. In late 2024, California’s Governor Gavin Newsom initially said the state would replace lost federal funding for electric vehicles, but then he reversed course. Many states are facing fiscal challenges and have balanced budget obligations that make backfilling federal funding unrealistic. Summing up the challenge, during a recent Politico interview about the loss of federal electric vehicle tax credits, incoming California Senate leader Monique Limón said the state needs to 'find the middle ground between desire and capacity.'" ENERGY at HAAS
Clean Electrification is Inevitable: "Copy California is always my mantra." VOLTS
Energy M&A and PPAs – Risks, Costs, and Market Shifts: "CAISO remains one of the most dynamic and cost-sensitive markets for energy procurement. Over the past year, inflation, supply chain constraints, and procurement mandates – combined with uncertainty surrounding tariffs and tax credits – have driven a sharp escalation in PPA pricing. Prior to the passage of the One Big Beautiful Bill Act, solar PPA prices had already risen roughly 13% year-over-year. Following OBBBA’s accelerated tax credit phaseout timeline and continued tariff uncertainty, prices increased an additional 24%, marking one of the steepest short-term jumps in recent years." ASCEND ANALYTICS
Kinder Morgan and Phillips 66 Launch Western Gateway Pipeline Connecting Midwest Supply to the Southwest and California: "Kinder Morgan, Inc. and Phillips 66 have announced the binding open season for an ambitious new refined products corridor: the Western Gateway Pipeline. Announced on October 20, the project pairs major midstream operators, leveraging both new build and significant reversals of existing assets. If built, the Western Gateway would, for the first time, supply California with refined fuels via pipeline directly from outside the state. This marks a pivotal shift for a region historically dependent on isolated in-state refineries and waterborne imports – offering new supply resilience for California, Arizona, and Nevada." STILLWATER ASSOCIATES
Phillips 66 to Supply SAF to DHL for Three Years: "Phillips 66 has won a three-year contract to deliver over 240,000 metric tons of sustainable aviation fuel to DHL Group. 'The SAF will be produced at Phillips 66's Rodeo Renewable Energy Complex in California, one of the world's largest renewable fuels facilities with a production capacity of 150 million gallons per year of neat SAF (i.e. SAF that is not blended with conventional jet fuel),' DHL said..." RIGZONE
Rising Electricity Prices – the Missing Link: "The reality is that many factors are contributing to rising electricity rates, especially the rapid increases that households and businesses have experienced over the last five years. But the various studies have overlooked a key factor: the changing mix of generating resources, as traditional fossil-fuel and nuclear plants have been replaced by wind and solar ones." REAL CLEAR ENERGY
Trump Outrages California Authorities with Oil Drilling Plan: "The U.S. federal government on Thursday announced plans to allow oil and gas drilling off the coast of California and Florida for the first time in decades, prompting a strong reaction from California’s governor, who called the plan 'idiotic.' The Department of the Interior yesterday announced an order signed by Secretary Doug Burgum titled Unleashing American Offshore Energy, which would roll back limits introduced during the previous administration and open up more offshore areas for oil and gas exploration." OIL PRICE
What's Happening in Energy? "In California, Longroad Development Company, LLC is proposing to build and operate the Rosa Storage Project, a 1000 MW Battery Energy Storage System Generating Facility located in Moorpark. Queue Cluster 14 Interconnection Studies have been completed...and as a result of those studies, the project has been assigned a share of Reliability Network Upgrades (RNU, where IRNU is interconnection and GRNU is general) of $18.8 million due this month. Per the transmittal letter, 'It is SCE’s understanding that Interconnection Customer [Longroad] disputes the project payment schedule and requirement to post collateral to secure funding for its portion of the shared RNUs.'" HALCYON
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28
Nov
WEEKEND NEWS CODEX: Solar Interconnection Delays; BTM Thermal Energy Storage; Rising Electricity Prices
