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The PG and E plan to sell non-nuclear generation assets could improperly increase rates, groups tell FERC

Ethan HowlandSenior Reporter Jan. 11, 2023

Dive Brief:

• Pacific Gas & Electric’s proposal to transfer 5.6 GW of non-nuclear generating assets to a new subsidiary in preparation for selling a 49.9% stake lacks enough details, including how it would affect the utility’s transmission rates, to be approved, according to Tuesday filings at the Federal Energy Regulatory Commission.
• The California Hydropower Reform Coalition and other organizations objected to PG&E seeking approval of its plan in a two-part process, with a request for approval of a sale expected to come later this year. Details of the sale are needed to know whether moving the power assets to Pacific Generation, the subsidiary, is in the public interest, according to the coalition………………………….. more https://www.utilitydive.com/news/pge-ferc-cpuc-generation-power-plants-sale/640140/

January 12, 2023 - Posted by Christina Macpherson | Uncategorized