PG&E | Jotup

Balfour Beatty Substantially Completes Caltrain Electrification

Retrieved on:

Montag, Mai 13, 2024

Balfour Beatty has achieved substantial completion on the Caltrain Electrification project , the first undertaking in North America in which diesel trains and their infrastructure components are transitioned to an electrified system.

Key Points:

Balfour Beatty has achieved substantial completion on the Caltrain Electrification project , the first undertaking in North America in which diesel trains and their infrastructure components are transitioned to an electrified system.
“Reaching substantial completion is a tremendous feat,” said Mark Konchar, Balfour Beatty US Civils president.
“I thank our partners at Balfour Beatty for helping us to deliver a transformative change that will benefit Bay Area residents for decades to come.”
Substantial completion follows the success of Balfour Beatty, Pacific Gas and Electric Company (PG&E) and Caltrain’s efforts in energizing the full corridor through the OCS and traction power facilities and testing the electric trains up to 79 mph.
Post-substantial completion, Balfour Beatty will continue to work with its industry partners and Caltrain to conduct operations and maintenance training, pre-revenue service testing and complete punch list items along the corridor.

Sunrun’s ‘CalReady’ Power Plant Supports California’s Grid with 16,200 Home Solar-Plus-Storage Systems

Retrieved on:

Mittwoch, Mai 8, 2024

Risk, Wildfire, The Electric Company, PG&E, Ancillary services (electric power), SAN

Sunrun’s CalReady power plant will reduce strain on the grid by supplying critical energy to communities that need it throughout California in order to reduce costs and help prevent power emergencies.

Key Points:

Sunrun’s CalReady power plant will reduce strain on the grid by supplying critical energy to communities that need it throughout California in order to reduce costs and help prevent power emergencies.
For the second year in a row, Sunrun is demonstrating how uniquely capable, reliable and readily available its solar-plus-storage systems are as an essential grid solution.
This summer, Sunrun is expected to roughly double that capacity and participant number for the statewide Demand Side Grid Support program .
“Just like how a centralized fossil fuel power plant is controlled and dispatched by a single entity, so too is Sunrun’s CalReady virtual power plant—making it a powerful contributor to California’s grid.

Sunrun Reports First Quarter 2024 Financial Results

Retrieved on:

Mittwoch, Mai 8, 2024

Solar energy, ITC, VPP, Revenue stream, Record, PG&E, LUMA, Asset, Customer, CO2, Growth, Renewable energy

Customers grew 15% in the first quarter of 2024 compared to the first quarter of 2023.

Key Points:

Customers grew 15% in the first quarter of 2024 compared to the first quarter of 2023.
Subscriber Value was $50,776 in the first quarter of 2024, a 15% increase compared to the first quarter of 2023.
Total revenue was $458.2 million in the first quarter of 2024, down $131.6 million, or 22%, from the first quarter of 2023.
Sunrun is hosting a conference call for analysts and investors to discuss its first quarter 2024 results and business outlook at 1:30 p.m. Pacific Time today, May 8, 2024.

Energy Vault Reports First Quarter 2024 Financial Results

Retrieved on:

Mittwoch, Mai 8, 2024

Alternative Energy, Energy, Other Energy, Utilities, Safety, Atlas, GESS, BESS, Wind, PG&E, NV Energy, IPP, Energy Vault, GAAP, Cryptocurrency

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the first quarter ended March 31, 2024.

Key Points:

Energy Vault Holdings, Inc. (NYSE: NRGV) (“Energy Vault” or “the Company”), a leader in sustainable, grid-scale energy storage solutions, announced financial results for the first quarter ended March 31, 2024.
“In the first quarter of 2024, the Energy Vault team continued to execute on the most important priority set at the beginning of 2023 – deployments of our first energy storage projects across multiple customers delivered on time, on budget and at the quality, safety and performance levels that meet or exceed our customer expectations,” said Robert Piconi, Chairman and CEO of Energy Vault.
In lieu of hosting a dedicated financial results conference call, Energy Vault will discuss the latest quarterly results and wider financial and operational updates at its inaugural Investor & Analyst Day on Thursday, May 9, 2024 at 9:00 AM ET at the New York Stock Exchange.
Key members of the Energy Vault executive team will be present, including Robert Piconi (Chairman and CEO), and Michael Beer (Chief Financial Officer).

Sonoma Clean Power Celebrates 10 Years of Providing Clean Energy to Sonoma and Mendocino Counties

Retrieved on:

Mittwoch, Mai 8, 2024

SANTA ROSA, Calif., May 8, 2024 /PRNewswire/ -- Sonoma Clean Power (SCP) marks a significant milestone as it celebrates a decade of leadership in delivering clean, affordable, and locally sourced energy to its communities. Founded in response to the desire for a choice in a customer-owned public utility, SCP emerged as California's second Community Choice Aggregator (CCA) in 2014, and today generates the power for 87 percent of all homes and businesses in Sonoma and Mendocino counties. Without relying on taxes, it has since constructed 195 megawatts (MW) of new renewable power and passed more than $100 million in direct savings to its more than 500,000 customers. SCP pioneers dozens of innovative programs and gives back to the community along the way.

Key Points:

"Over the past decade, Sonoma Clean Power has been fighting for the climate AND saving customers money," added Lynda Hopkins, County of Sonoma fifth district Supervisor and SCP board chair.
SCP is dedicated to energy equity and providing the tools and solutions for every single customer to benefit from the cleanest energy available."
"Congratulations to Sonoma Clean Power on 10 years of serving its community and bringing clean energy and electrification mainstream," said David Hochschild, chair of the California Energy Commission.
Its Advanced Energy Center will now be known as the Sonoma Clean Power Customer Center.

PG&E Customers' Electricity 100% Greenhouse Gas-Free in 2023

Retrieved on:

Montag, April 22, 2024

BTM, Electricity, ISO, The Electric Company, Carbon, Vistra Corp, Wind, Greenhouse, PG&E, GHG, Season, Diablo Canyon Power Plant, Nuclear, Renewable energy

OAKLAND, Calif., April 22, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) retail customers received 100% greenhouse gas-free electricity in 2023, making the company's portfolio of electricity sources one of the world's cleanest.

Key Points:

GHG-Free Electricity Deliveries Included 53% Nuclear, 34% Eligible-Renewable Resources and 13% Hydroelectric
OAKLAND, Calif., April 22, 2024 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) retail customers received 100% greenhouse gas-free electricity in 2023, making the company's portfolio of electricity sources one of the world's cleanest.
In another example, PG&E also reached an important battery energy storage milestone, passing the 2,100-megawatt mark for capacity.
"Providing retail customers with 100% greenhouse gas-free electricity in 2023 highlights that PG&E's electric generation portfolio supports achievement of California's climate goals."
PG&E is committed to reaching carbon neutrality by 2040, and to actively removing more greenhouse gases than the company emits by 2050.

Nearly 5,000 Nonprofits and Schools Benefit from Charitable Contributions from PG&E and The PG&E Corporation Foundation

Retrieved on:

Freitag, April 19, 2024

Education, Safety, Humanity, Impact, School, Partnership, Lifting, Chief sustainability officer, Campaign, PG&E, Corporate Affairs, Smokehouse, Community, Student, Organization

OAKLAND, Calif., April 19, 2024 /PRNewswire/ -- PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25.6 million in charitable contributions in 2023, along with PG&E coworkers who contributed another $5.9 million — all benefitting nearly 5,000 nonprofits and schools. Charitable contributions are funded by shareholders, not PG&E customers.

Key Points:

OAKLAND, Calif., April 19, 2024 /PRNewswire/ -- PG&E and The PG&E Corporation Foundation (PG&E Foundation) provided $25.6 million in charitable contributions in 2023, along with PG&E coworkers who contributed another $5.9 million — all benefitting nearly 5,000 nonprofits and schools.
PG&E's Community Relations 2023 Impact Report released today, details programs, charitable giving and volunteerism.
Charitable contributions from PG&E and the PG&E Foundation increased more than a half-million dollars in 2023 over the previous year.
PG&E and the PG&E Foundation provided more than 1,000 grants to nonprofits supporting the safety and well-being of local communities.

Statewide Partnership Aims to Deliver More Clean Energy Faster to Californians and Support State Climate Goals

Retrieved on:

Donnerstag, April 18, 2024

OAKLAND, Calif. and ROSEMEAD, Calif., April 18, 2024 /PRNewswire/ -- In a joint effort to deliver more clean energy at a lower cost to customers, the California Energy Commission (CEC), California Public Utilities Commission (CPUC), California Independent System Operator (CAISO), Pacific Gas and Electric Company (PG&E), Southern California Edison (SCE), and the University of California, Berkeley Energy Institute at Haas submitted a grant application for $2 billion to the U.S. Department of Energy's (DOE) Grid Resilience and Innovation Partnerships (GRIP) Program – the largest such application in state history.

Key Points:

"These promising innovations can help lower costs for Californians through greater efficiency that lets us get more out of our shared system."
"This project will help California take aggressive action against climate change, drive economic growth and make costs more affordable for customers."
The grant also would fund technology and process improvements to enhance renewable energy interconnection, adding more clean energy to serve customers and help meet the state's bold clean energy goals.
Programs would also support mid-career changes, and training developed with unions to help fuel economic development in the state.

Multiplying Aid: REACH Triple Match Provides Energy Bill Assistance to Larger Group of Income-Eligible PG&E Customers

Retrieved on:

Dienstag, April 16, 2024

LIHEAP, Forgiveness, DEF, Senior, Heat, REACH, Electricity, AMP, PG&E, FERA

OAKLAND, Calif., April 16, 2024 /PRNewswire/ -- To help support more customers facing past-due energy bills, Pacific Gas and Electric Company (PG&E) is expanding the eligibility requirements and benefits offered by the Relief for Energy Assistance through Community Help (REACH) program. The REACH program helps qualifying customers pay their past-due energy bill to prevent service disconnections.

Key Points:

More than $8.2 million in bill assistance has already been provided to qualifying PG&E customers this year.
"Through REACH Triple Match, we want to help ensure equitable access to essential energy services."
PG&E has several other assistance programs to help customers who are behind on their energy bills.
Billing assistance programs include:
Family Electric Rate Assistance (FERA) : provides a monthly discount of 18% on electricity for households of three or more people.

The PG&E Corporation Foundation and PG&E Offering $900,000 in Grants for Environmental Stewardship and Climate Resilience Projects

Retrieved on:

Mittwoch, April 10, 2024

Education, Investment, PSPS, Climate change, Public utilities commission, Wildfire, The Electric Company, Environment, PG&E, Corporate Affairs, Renewable energy

OAKLAND, Calif., April 10, 2024 /PRNewswire/ -- The PG&E Corporation Foundation (PG&E Foundation) and Pacific Gas and Electric Company (PG&E) are now accepting applications for their Better Together Nature Positive Innovation and Resilience Hubs grant programs totaling $900,000 this year for projects and initiatives dedicated to environmental stewardship and climate resilience.

Key Points:

For 2024, the PG&E Foundation's Better Together Nature Positive Innovation Grant program will award up to $500,000 total — in five $100,000 regional grants — to fund projects focused on land stewardship, air quality, and water stewardship.
The Nature Positive Innovation Grant program, now in its third year, is part of a commitment to fund projects supporting environmental stewardship in communities PG&E serves across Northern and Central California.
The program helps communities mobilize around and invest in solutions that address challenges facing the natural environment.
For 2024, the PG&E Resilience Hubs Grant program will award $400,000 total at both the $25,000 and $100,000 level.