Southern California Edison

Forrest Environmental Law Launches to Lead in Environmental and Energy Legal Services

Retrieved on: 
Thursday, April 4, 2024
Senior, Private law, SCE, Risk management, Southern California Edison, Assistant

"I am proud to bring Forrest Environmental Law into reality, a culmination of years of dedication and hard work," said Ian Forrest.

Key Points: 
  • "I am proud to bring Forrest Environmental Law into reality, a culmination of years of dedication and hard work," said Ian Forrest.
  • These accomplishments, among others, set the foundation for Forrest Environmental Law's mission to provide exceptional legal services in the environmental, energy, and utility sectors.
  • Forrest Environmental Law is dedicated to providing top-tier legal services in regulatory compliance, environmental litigation, and the development of renewable energy and infrastructure projects.
  • For more information about Forrest Environmental Law and its services, please visit ForrestEnviroLaw.com .

SoCal Edison Faces Class Action Lawsuit Alleging Illegal Billing Practices

Retrieved on: 
Thursday, February 22, 2024
Thomas Edison, Anxiety, Southern California Edison, Superior court

LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- PARRIS Law Firm filed a class action lawsuit against Southern California Edison alleging that the utility giant violated state law by overcharging its customers due to a "delayed-billing" error.

Key Points: 
  • LOS ANGELES, Feb. 22, 2024 /PRNewswire/ -- PARRIS Law Firm filed a class action lawsuit against Southern California Edison alleging that the utility giant violated state law by overcharging its customers due to a "delayed-billing" error.
  • According to the lawsuit filed in Los Angeles Superior Court, SoCal Edison failed to timely bill roughly 1% of its customer base because they "fell out of processing."
  • Many of those who "fell out of processing" were not billed for upwards of 15 months like the lead plaintiff in the lawsuit.
  • Edison isn't allowed to charge customers for more than three months because of the delayed-billing issue," said PARRIS Law Firm Founder R. Rex Parris.

dcbel to receive $52M+ courtesy of California Energy Commission V2X grant

Retrieved on: 
Tuesday, January 9, 2024
Southern California Edison, Open Automated Demand Response, UC, Face, Plague, HES, University of California, Davis, Lawrence Berkeley National Laboratory, Orchestration, EV, CSIP, CEC, IEEE, UL, Ageing, Internet of things, Home Energy Station, Renewable energy

The $52 million award will be used to accelerate the deployment of Home Energy Stations throughout California.

Key Points: 
  • The $52 million award will be used to accelerate the deployment of Home Energy Stations throughout California.
  • To execute this project, dcbel will collaborate with a consortium of esteemed partners including UC Davis, Lawrence Berkeley National Laboratory, Southern California Edison, Sonoma Clean Power and Grid Alternatives.
  • dcbel Chorus, a CSIP-certified, real-time technical aggregation IoT platform enabling affordable, easy and automatic residential energy production, storage and export.
  • Importantly, the Home Energy Station is ready to serve even the most demanding residential energy prosumers from the get-go.

FuelCell Energy Reports Fourth Quarter and Full Fiscal Year 2023 Results

Retrieved on: 
Tuesday, December 19, 2023
Carbon, Hydrogen, Marketing, Government, SOEC, Treasury, B cell, Food, Repowering, National Nuclear Laboratory, Electrolysis, Transport, North West England, Automation, FuelCell Energy, Economics, Electricity, Capacity, Housatonic River, Artificial intelligence, Trinity College, Adjustment, Foundation models, ExxonMobil, Settlement, Overalls, Plastic, Idaho National Laboratory, IBM, Joint, United States Treasury security, INL, Welding, KFC, Carbon capture, Appendix, EDF Energy, Insurance, Engineering, Electrode, Natural gas, Gasoline, Sale, Research, Heat, Intelligence, Temperature, Water, Southern California Edison, Posco Energy, Longevity, CNL, Investment, CO2, Renewable energy

DANBURY, Conn., Dec. 19, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its fourth quarter and fiscal year ended October 31, 2023.

Key Points: 
  • Operating expenses for the fourth quarter of fiscal 2023 increased to $34.9 million from $27.5 million in the fourth quarter of fiscal 2022.
  • Research and development expenses increased to $18.0 million during the fourth quarter of fiscal 2023 compared to $12.2 million in the fourth quarter of fiscal 2022.
  • Net loss was $29.5 million in fourth quarter of fiscal 2023, compared to net loss of $42.0 million in the fourth quarter of fiscal 2022.
  • Adjusted EBITDA totaled $(30.8) million in the fourth quarter of fiscal 2023, compared to Adjusted EBITDA of $(36.1) million in the fourth quarter of fiscal 2022.

Edison International Raises Common Stock Dividend 5.8%; 20th Consecutive Annual Increase

Retrieved on: 
Thursday, December 14, 2023
Energy, Other Energy, Utilities, Growth, Series, NYSE, Southern California Edison, Edison International, EPS, International, Holding company

Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, payable on Jan. 31, 2024, to shareholders of record on Dec. 29, 2023.

Key Points: 
  • Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.78 per share, payable on Jan. 31, 2024, to shareholders of record on Dec. 29, 2023.
  • This action increases the annual dividend by $0.17 per share.
  • The 2024 annual dividend rate will be $3.12 per share, an increase of 5.8% from the current annual dividend rate of $2.95 per share.
  • This marks the 20th consecutive annual increase in Edison International’s dividend, which delivers an attractive yield and remains a key component of the company’s total return proposition,” said Pedro J. Pizarro, president and CEO of Edison International.

New Southern California Energy Storage Project Launches, Delivering Clean Power and Improved State Grid Resiliency

Retrieved on: 
Wednesday, December 6, 2023
Environment, Technology, Climate Change, Other Energy, Utilities, Alternative Energy, Sustainability, Energy, Batteries, Carbon, Energy Vault, STEM, Multimedia, Partnership, Southern California Edison, Electricity, Education, Renewable energy, Electric power, Wellhead

State and local energy leaders joined company representatives to celebrate the launch of the 68.8 MW/275.2 MWh system, one of the largest energy storage systems in Southern California.

Key Points: 
  • State and local energy leaders joined company representatives to celebrate the launch of the 68.8 MW/275.2 MWh system, one of the largest energy storage systems in Southern California.
  • View the full release here: https://www.businesswire.com/news/home/20231206351655/en/
    The facility’s state-of-the-art battery energy storage system marks a significant step forward in providing clean power and improved grid resiliency in Orange County and the Southern California Edison Southwest LA region, while also reducing the carbon footprint of the regional grid.
  • With enough storage capacity to power 65,000 homes, SBES is capable of delivering enough clean energy to keep the lights on for many in the region.
  • “SBES is a clean energy storage solution that will deliver greater resiliency and stability during times of peak energy demand while simultaneously moving California towards a more sustainable energy future."

GridStor Celebrates Completion of California’s Newest Battery Storage Facility

Retrieved on: 
Tuesday, December 5, 2023
Technology, Environment, Batteries, Alternative Energy, Green Technology, Energy, Carbon, IBEW, Wildfire, Life, City, Economic development, Climate, Local government, Multimedia, Wind, County, California Independent System Operator, Partnership, Electricity, Business, Renewable energy, Southern California Edison

GridStor , a developer and operator of grid-scale battery energy storage systems, dedicated its Goleta Energy Storage facility on December 1st with public officials and regional business leaders.

Key Points: 
  • GridStor , a developer and operator of grid-scale battery energy storage systems, dedicated its Goleta Energy Storage facility on December 1st with public officials and regional business leaders.
  • View the full release here: https://www.businesswire.com/news/home/20231205296479/en/
    GridStor's 60 MW, 160 MWh Goleta Energy Storage Facility (Photo: Business Wire)
    “California has an urgent need for grid reliability as it decarbonizes its economy, and battery storage is the critical resource that meets both challenges,” said Chris Taylor, CEO of GridStor.
  • Goleta Energy Storage is the largest power resource in Santa Barbara County and only the second battery storage facility in the region.
  • NORD/LB provided $55 million of project debt financing to GridStor to complete the development of the facility.

Navigating Innovation: PG&E Hosts Utility Drone Operations Conference

Retrieved on: 
Tuesday, December 5, 2023
BC Hydro, Safety, The Electric Company, Electricity, UAS, Federal Aviation Administration, Aircraft, Edison Electric Institute, Southern California Edison, Software, Partnership, Water, PG&E

OAKLAND, Calif., Dec. 5, 2023 /PRNewswire/ -- Today, Pacific Gas and Electric Company convened hundreds of certified drone pilots, industry collaborators, community partners, and federal stakeholders in San Ramon, Calif. for a conference exploring the usage of unmanned aerial systems for utility operations.

Key Points: 
  • OAKLAND, Calif., Dec. 5, 2023 /PRNewswire/ -- Today, Pacific Gas and Electric Company convened hundreds of certified drone pilots, industry collaborators, community partners, and federal stakeholders in San Ramon, Calif. for a conference exploring the usage of unmanned aerial systems for utility operations.
  • "The PG&E 2023 UAS conference is a first-of-its-kind event providing drone pilots with insights on new technologies and best practices for the safe and responsible integration and operation of drones within the energy industry."
  • In 2022, PG&E began utilizing UAS technology to perform gas pipeline leak surveys on 16 miles of water crossings traditionally done by boat.
  • PG&E recently expanded its UAS applications beyond inspections, becoming the first utility in North America to string powerlines with drones working with Austin, Texas-based Infravision.

Buzz Solutions Joins Forces With Southern California Edison to Reinforce the Utility's Substation Security System

Retrieved on: 
Tuesday, December 5, 2023
City, PALO, SCE, Edison Electric Institute, Theft, Partnership, Electric power, Renewable energy, Buzz, Southern California Edison

PALO ALTO, Calif., Dec. 5, 2023 /PRNewswire-PRWeb/ -- Buzz Solutions, an AI company that enables a smart, stable and resilient energy infrastructure, today announced the deployment of its proprietary substation monitoring solution for Southern California Edison (SCE), Edison Electric's largest subsidiary. Buzz Solution's AI-powered solution, PowerGUARD, provides 24/7, real-time alerts for substation surveillance, monitoring, equipment damage, condition assessments, and fire or smoke-related events using motion detection, unauthorized access alerting and infrared monitoring.

Key Points: 
  • Buzz Solution's AI-powered solution, PowerGUARD, provides 24/7, real-time alerts for substation surveillance, monitoring, equipment damage, condition assessments, and fire or smoke-related events using motion detection, unauthorized access alerting and infrared monitoring.
  • Prior to partnering with Buzz Solutions, SCE relied on sporadic, manual site visits to prevent substation attacks, thefts and damages.
  • "Buzz's PowerGUARD has been a transformative solution, significantly altering the way we respond to substation threats in real-time," said Ben Almendarez, Southern California Edison Manager of Substation Maintenance Programs.
  • Core capabilities of Buzz's PowerGUARD for substation condition monitoring include:
    To learn more about Buzz Solutions' substation surveillance and assessment product and use case, visit: https://www.buzzsolutions.co/substation-infographic

The Alliance for SoCal Innovation Secures $25,000 Grant from Edison International to Launch "The SoCal Venture Pipeline - Edison Track"

Retrieved on: 
Wednesday, November 15, 2023
Climate, Southern California Edison, Ecosystem, Edison International, Capital, SVP

LOS ANGELES, Nov. 15, 2023 /PRNewswire/ -- The Alliance for Southern California Innovation (the "Alliance") is thrilled to announce the receipt of a generous $25,000 grant from Edison International to establish "The SoCal Venture Pipeline - Edison Track".

Key Points: 
  • LOS ANGELES, Nov. 15, 2023 /PRNewswire/ -- The Alliance for Southern California Innovation (the "Alliance") is thrilled to announce the receipt of a generous $25,000 grant from Edison International to establish "The SoCal Venture Pipeline - Edison Track".
  • This innovative initiative aims to augment the existing SoCal Venture Pipeline ("SVP") program, further propelling Southern California's entrepreneurial ecosystem.
  • The Edison Track is designed to provide select SVP applicants with a specialized program, complementing the standard benefits offered by the SoCal Venture Pipeline.
  • To learn more about the SoCal Venture Pipeline and the Alliance for SoCal Innovation, please visit https://alliancesocal.org/programs/venture-pipeline/
    Applicants for the SoCal Venture Pipeline may apply here: https://alliancesocal.org/programs/venture-pipeline/svpapp/
    No separate application is needed.