Western Energy News

California utility reaches $11 billion settlement over wildfires

UTILITIES: PG&E agrees to an $11 billion insurance settlement for Northern California wildfire victims, $2.5 billion more than the bankrupt utility proposed in its bankruptcy plan. (San Francisco Chronicle) 

ALSO: Under a plan approved by state regulators, customers of an Arizona utility will pay a slightly higher surcharge to support a buildout of renewable energy and storage. (Arizona Daily Star)

***SPONSORED LINK: Attend Infocast’s Western Energy Week, October 22-24 in Scottsdale, Arizona for your chance to access both Transmission Summit West and Mountain West Renewable Energy Summit panels, presentations and networking sessions in one place, with one registration. Don’t miss this remarkable opportunity!***

GRID: California state regulators plan a 2.5 GW procurement for reliability resources, which could open up new markets for storage and demand response. (Greentech Media) 

COAL: Economists and former Blackjewel employees are uncertain about the ability of Powder River Basin coal mines to bounce back from recent bankruptcies. (Associated Press)

A new report suggests U.S. shale oil will peak in 2030 with the still-booming Permian basin leading the way with production growth from about 4.4 million barrels a day currently to about 7.5 million barrels. (Houston Chronicle)
Analysts say the massive Permian Basin oil shale play will not be enough to plug the hole in the market created by the weekend attack on Saudi Arabia. (Wall Street Journal)

PUBLIC LANDS: An Interior Department proposal to open up public lands in Nevada for geothermal energy production is welcomed by rural communities in the state. (Reno Gazette Journal)

Despite overall car sales in California declining since 2016, electric and hybrid car sales continued to rise in the first half of 2019, up 40% from last year. (Quartz)
Las Vegas casinos are rapidly expanding offerings for electric vehicle charging. (Associated Press)

TECHNOLOGY: The oil and gas industry is a potential market for a new agriculture-based polymer that could be used to protect pipelines from corrosion of hydrogen. (Las Cruces Sun News)

***SPONSORED LINK: Register soon for Law Seminars International’s 20th annual California Clean Energy Conference, September 23-24 in San Francisco. An expert faculty will focus on wildfires, floods and California’s transition to clean energy.***

CLIMATE: Three Colorado Fortune 500 companies are among a growing number of large, multinational corporations setting targets to reduce their greenhouse-gas emissions by phasing out the use of fossil fuels. (Denver Post)

A California professor says transitioning from fossil fuels must include support for displaced industry workers and communities that have suffered  negative environmental consequences of fossil fuel use. (Truthout)
An Inupiaq venture capitalist says the future of the Arctic has immense potential, and renewables and non-renewables are vital in that. (Anchorage Daily News)
A Colorado editorial board says residents in Weld County, which has the majority of oil and gas operations in the state, should make use of a new web portal to weigh in on oil and gas development regulation. (Greeley Tribune)
An Alaska writer questions whether or not we will know climate change when we see it, citing problems with the oil and gas industry in the state. (Anchorage Daily News)
A Los Angeles Times editorial warns that sacrifices will have to be made to stem the worst impacts of climate change. 

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