Electricity: The Road To California -- January 16, 2018

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Title : Electricity: The Road To California -- January 16, 2018
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Electricity: The Road To California -- January 16, 2018

From Bloomberg:
The California Public Utilities Commission approved an order Thursday that will require PG&E Corp., the state’s biggest utility, to change the way it supplies power when demand peaks. Instead of relying on electricity from three gas-fired plants run by Calpine Corp., PG&E will have to use batteries or other non-fossil fuel resources to keep the lights on in the most-populated U.S. state.
It will be fascinating to watch how this plays out.  My brother-in-law is already complaining about the high price of electricity in California.

My hunch is the order phases in this requirement. Let's hope.


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