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PG&E Secures $15B Loan for Energy Upgrades

Pacific Gas and Electric Company (PG&E), a major utility serving Northern and Central California, has secured a conditional $15 billion loan guarantee from the U.S. Department of Energy's (DOE) Loan Programs Office. This funding aims to enhance PG&E's hydropower generation, battery storage capabilities, and transmission infrastructure, marking a significant investment in the region's energy future.

Project Overview

The loan is designated for several key initiatives:

  • Hydropower Expansion: Refurbishing and upgrading existing hydroelectric facilities to increase...

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Texas PUC Shelves $1B Grid Credit Mechanism

The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits. The PCM was conceived as a means to incentivize power...

T&D Trends

Smart Grid

Smart Grid, Smart Metering, T&D Automation

T&D Automation

New York's Path to 8.5 GW of Grid Flexibility by 2040

New York State's transition to a clean, zero-emissions energy grid could include up to 8.5 gigawatts (GW) of grid flexibility by 2040, according to a new report from the Brattle Group. This projection, while contingent on achieving ambitious decarbonization goals, illustrates how the state could...
Distribution Automation

Working Together for a Smarter Grid

How Smart Grid technologies can transform the power industry BY DANIEL PÉLOQUIN, Schneider Electric Energy customers—both consumers and businesses—depend on reliable, affordable power. In North America, consumers take this privilege for granted. However, both the reliable and affordable...

NAVIGATING THE UTILITY DIGITAL TRANSFORMATION

The Digitisation of utility operations has been evolving at an accelerating pace over the last decade. Many utilities saw this trend developing, and one by one they began their own digital transformation, each on their own path. While each utility is at its own stage of this journey, every utility seeks to get value out of the investments it has already made and has a view of what’s coming, in order to navigate this transformation.

Digitization is an intriguing but not easy journey. It is an evolution that touches every aspect of the utility. Each step on the path offers...