Peninsula Clean Energy Weekly Board Newsletter - Jan 11th, 2019

Article Source: Peninsula Clean Energy - Provided by Councilman Marty Medina

Subject: Peninsula Clean Energy Weekly Board Newsletter - January 11th, 2019

Good afternoon Honorable PCE Board of Directors and City Managers,

In this edition of the PCE Board's weekly newsletter, we'd like to share the following:

1) January Executive Committee meeting cancelled:
PLEASE NOTE: The Executive Committee meeting that was scheduled for Monday, January 14, has been cancelled. The cancellation notice is posted on PCE's website on the Executive Committee page, at this link:
https://www.peninsulacleanenergy.com/wp-content/uploads/2019/01/PCE-EC-20190114-Cancellation-Notice-1.pdf
The Board of Directors meeting will take place on January 24 at 6:30 p.m. at PCE's office at 2075 Woodside Road, Redwood City, CA 94061.
The approved 2019 meeting schedules have been posted on PCE's website at the following links:
- Board of Directors meeting dates
- Executive Committee meeting dates
- Citizens Advisory Committee meeting dates
- Audit and Finance Committee meeting dates

2) PCE is Hiring:
PCE has two open positions -- we are looking for a Manager of Distributed Energy Resource (DER) Strategy, and a Regulatory Analyst/Senior Regulatory Analyst. Position descriptions and instructions on how to apply posted on PCE's website in the Join Our Team section:
https://www.peninsulacleanenergy.com/join-our-team/

Please share these postings with your colleagues and community contacts.

3) Industry News and Articles:

Congratulations to Supervisor Groom: San Mateo County Board of Supervisors Elects Carole Groom President:
https://cmo.smcgov.org/blog/2019-01-08/san-mateo-county-board-supervisors-elects-carole-groom-president?fbclid=IwAR3PBbVnZKKJTw-E2_d6wVx64kdxFBiHRIs_mSBhSgeTTrlO1ugiDSFHDMA

US Electric Vehicle Sales Increased by 81% in 2018:

https://www.greentechmedia.com/articles/read/us-electric-vehicle-sales-increase-by-81-in-2018#gs.OZBFjn0n

Why electric cars make sense for Uber, Lyft drivers in San Francisco:

http://www.sfexaminer.com/electric-cars-make-sense-uber-lyft-drivers-san-francisco/

US on cusp of unprecedented solar boom:

https://www.pv-magazine.com/2019/01/02/us-on-cusp-of-unprecedented-solar-boom/

2019 Storage Outlook: Utility procurement will drive deployments, analysts say:
https://www.utilitydive.com/news/2019-storage-outlook-utility-procurement-will-drive-deployments-analysts/545448/

10 trends shaping the electric power sector in 2019:
https://www.utilitydive.com/news/10-trends-shaping-the-electric-power-sector-in-2019/545119/

HAWAIIAN ELECTRIC ANNOUNCES ‘MIND-BLOWING’ SOLAR-PLUS-STORAGE CONTRACTS:

https://cleanpowerexchange.org/hawaiian-electric-announces-mind-blowing-solar-plus-storage-contracts/?utm_source=Clean+Power+Exchange&utm_campaign=9eb03e04f4-EMAIL_CAMPAIGN_2018_06_19_07_43_COPY_01&utm_medium=email&utm_term=0_2a4ac59088-9eb03e04f4-381778141

Utilities look to Netflix audience clustering model for customer engagement:
https://www.utilitydive.com/news/utilities-look-to-netflix-audience-clustering-model-for-customer-engagement/545358/

Devastating Wildfires Force California's Largest Utility To Plan Sale Of Gas Assets:
https://www.npr.org/2019/01/04/677832387/devastating-wildfires-force-californias-largest-utility-to-plan-sale-of-gas-asse

PG&E suffers fresh downgrade, wildfire liability estimated to be “at least” $15 billion:

https://www.mercurynews.com/2019/01/11/pge-suffers-fresh-downgrade-wildfire-liability-estimated-to-be-at-least-15-billion/

PG&E falls further after S&P cuts credit rating to junk:

https://www.reuters.com/article/us-pg-e-ratings-s-p/pge-falls-further-after-sp-cuts-credit-rating-to-junk-idUSKCN1P2087

Moody's downgrades PG&E's credit rating:

https://finance.yahoo.com/news/moodys-downgrades-pg-es-credit-214417395.html

California PG&E Hearing Turns Into Protest Against Utility:
https://finance.yahoo.com/news/california-pg-e-hearing-turns-194221546.html

PG&E's head of electric operations to depart later this month:

https://seekingalpha.com/news/3421477-pg-and-es-head-electric-operations-depart-later-month

PG&E's stock tumbles toward 16-year low, after retirement of officer of electric operations adds to bankruptcy worries:

https://www.marketwatch.com/story/pges-stock-tumbles-toward-16-year-low-after-retirement-of-officer-of-electric-operations-adds-to-bankruptcy-worries-2019-01-08

If PG&E goes bankrupt, what happens next?

https://www.foxbusiness.com/features/if-pge-goes-bankrupt-what-happens-next

A PG&E Bankruptcy Would Leave Utility in Turmoil for Years:

https://finance.yahoo.com/news/pg-e-bankruptcy-leave-power-010657028.html

Federal judge proposes PG&E inspect and rate all of its power lines:

https://www.sfchronicle.com/california-wildfires/article/Federal-judge-proposes-PG-E-inspect-and-rate-all-13522039.php?src=hp_totn

PG&E Press Release: PG&E Board Committed to Change:
http://investor.pgecorp.com/news-events/press-releases/press-release-details/2019/PGE-Board-Committed-to-Change/default.aspx

PG&E Falsified Gas Pipeline Safety Records, Regulators Say:

https://www.npr.org/2018/12/14/677003961/pg-e-falsified-gas-pipeline-safety-records-regulators-say

As always, thank you for your support and dedication to PCE!

Jan

Jan Pepper
Chief Executive Officer
Peninsula Clean Energy
jpepper@peninsulacleanenergy.com
office: 650-260-0100
cell: 415-309-9206

Visit us at: www.peninsulacleanenergy.com
PCE is committed to protecting customer privacy. Learn more at: https://www.peninsulacleanenergy.com/privacy

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