California Energy Update 7/31

ENERGY: Weakness exposed in Calif. electricity trading North County Times Authorities were investigating a subsidiary of the New York investment bank JPMorgan Chase & Co., which might have grabbed an extra $73 million during 2010 and 2011 while trading energy in California, The Sacramento Bee reported Monday.

Weakness exposed in Calif. electricity trading Businessweek The Federal Energy Regulatory Commission is investigating on California's behalf, and the fate of the remaining $53 million claimed by the ISO isn't clear. The investigation became public when the commission filed a lawsuit in federal court in Washington, ...

Report: California Leads in Urban Solar Potential KCET (blog) A July report by the National Renewable Energy Laboratory (NREL) puts California in the lead among U.S. states when it comes to how much power we could be generating on our rooftops and in our cities. The report, "U.S. Renewable Energy Technical ...

Walmart Unveils 100th Solar Installation in California MarketWatch (press release) "Walmart has demonstrated a real commitment to solar energy systems here in San Diego and throughout California, and hopefully other companies will make the move to do the same on their rooftops," said Tony Young, San Diego City Council President.

Energy storage and California regulators Intelligent Utility As you may recall, we looked at a proposed decision of the California Public Utilities Commission on energy storage recently in "California Takes Deliberative Stance on Storage." That proposed decision, which relies on the CPUC's own "staff proposal" on ...

City Looks To Help Residents Save Money, Conserve Energy Patch.com ... Diamond Bar officials are advising resident to take a good look at Southern California Edison Summer Readiness Program. The program is available to both residents and businesses and consists of a variety of energy use tracking tools, rebates, bill credits ...

Gasoline prices edge down in California, up in US Los Angeles Times The average U.S. price of a gallon of regular gasoline rose 1.4 cents, to $3.508, according to the Energy Department's weekly survey, released Monday. In California, the average fell 0.6 of a cent, to $3.802 a gallon. Analysts attributed the national rise to the ...

California officials plan geothermal energy summit Sustainable Business Oregon Political leaders and geothermal energy and industry officials are gathering next month in Sacramento to discuss ways to help achieve California's clean power goals. The GEA (Geothermal Energy Association) National Geothermal Summit will be Aug.