Western Energy News

Lawsuit claims Musk hid SolarCity’s financial troubles

SOLAR: New filings in a long-running lawsuit allege Elon Musk misled Tesla shareholders by failing to disclose that SolarCity was nearly insolvent when Tesla acquired it for $2.6 billion. (Los Angeles Times)

ALSO: Industry leaders meeting at a Utah solar conference say a variety of solar energy strategies can cover 20% of U.S. energy needs in the next decade. (Deseret News)

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TRANSPORTATION: The Trump administration threatens to cut federal highway funds to California, saying the state has failed to submit complete reports on Clean Air Act compliance. (Sacramento Bee)

UTILITIES:
California utility PG&E criticizes a $24 billion reorganization proposal by bondholders and wildfire victims, saying it would cost customers billions of dollars compared to its own plan.  (Utility Dive)
PG&E scaled back its planned power shut-offs yesterday, but may do more today because of the ongoing wildfire risk. (Desert Sun, San Francisco Chronicle)
• A Colorado utility faces nearly $93,000 in fines after inspectors found employees working in an unprotected excavation. (Greeley Tribune)

GRID:
• The California Independent System Operator plans to develop a stakeholder process to create a regional day-ahead market for renewables. (Utility Dive)
Colorado’s Holy Cross Energy has partnered with Rocky Mountain Institute to work on building resilience in the grid before another wildfire disaster. (Aspen Journalism)
AltaGas’s 10-year contract with Southern California Edison to make 80 megawatt-hours of energy available is cited in a new report exploring how energy storage is now an integral part of electric grids globally. (Greentech Media)

EFFICIENCY: A new report says energy efficiency workers now make up 22% of Colorado’s energy workers, having grown by 7.2% to 34,342 in 2018. (Denver Post)

COAL: Federal government scientists find high levels of pollution in Montana and Idaho’s Kootenai River, downstream from a Canadian coal mining region. (Associated Press)

WIND:
Wyoming lawmakers are considering a new tax on electricity generation, which could impact plans for a massive wind-energy buildout in the state. (Casper Star-Tribune)
A new Oregon State University-Cascades study says a Pacific Northwest bat is under threat from wind turbines when migrating south for the winter. (Associated Press)

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OIL & GAS: Even as lesser prairie chicken populations decline in the Permian Basin, possible protections for the fowl are under threat from opposition from industry groups. (New Mexico Political Report)

COMMENTARY:
• The Permian Basin Petroleum Association says that because of the success of its petroleum producers, there is no immediate need to tap strategic reserves, threat of gasoline shortages, or panic in the wake of the drone attack on Saudi oil facilities. (Midland Reporter-Telegram)
• The Powder River Basin Resource Council says Wyoming’s elected officials are overdue to formulate a response to the state’s coal mine closures. (Wyoming Tribune Eagle)
• A reporter from a German news magazine visiting a Colorado media organization says the U.S. is a land of unlimited possibilities to waste energy and produce waste, and American indifference to climate change is too seductive. (Denver Post)

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