Page 4 - Generation Assets News Today

I ask our guests to take their seats, please. The subcommittee on energy and power will now come to order and the chair will recognize himself for five minutes for an opening statement. First of all, welcome, mr. Secretary. Its great to have you here. And todays hearing is going to examine the department of energys management and Mission Priorities under the leadership of secretary rick perry. Im very pleased to welcome this morning for his first appearance before the subcommittee. It performs e...

I cannot be in favor of it. Plus, britains got talent, and france wants it. Residential hopeful emmanuel workers tos skilled return to france after talking to theresa may. Fore are the figures germany, Business Confidence coming in at 111. Stronger than the markets were expecting. They were expecting a figure of 109. 6. It is stronger than expected. A little bit better than expected growth figures. This is the picture for eurodollar. Lets get straight to your markets. Yesterday, we had record hi...

Iea saying the global glut say that ten times fast is bigger than thought. And the risk of Oil Prices Falling further has increased. That this has nearly every oil Company Stock lower again today despite some of the bigger names likes exxon, chevron, shell and others being in the middle of a mini rally this month. Self ron up 2 this past week. And exxon mobile up about 6 . Joining us now chris kelly, he covered the oil sector for janice. Chris, listen, lets try to focus the whole story through o...

Welcome to the program, everybody. This is countdown live from bloomberg headquarters here in london. It is 6 00 here in london. Let us bring you up to speed. We have data out of china, just to tell you that it has not moved the market all that much. We saw a bit of a bounce in the shenzhen composite, the shanghai not moving that far. Estimates,line with industrials up. That is the macro picture. Keep an eye on a micro level, if you like. It is not very micro, but what could be the biggest brewi...

Right now. So we have to be very clear about this. We do not need to wait for pg es green tariff rates to come out before we set our not to exceed rates because they are not going to be below their brown power rates and we know what the brown power rates are and we know that we just like marin and Sonoma County are going to be charging brown power rates. Pg e is not going to be able to beat that unless they go to a really anticompetitive posture which will be very challenged by pg e and not be a...

I feel like its a weak ask. It sounds like we can launch this year. Lets do the light green and dark green. It sounds like you should just aim to launch this year and catch up with the rest of the bay area. Its kind of embarrassing at this point. Thank you. Are there any other members who would like to provide comment. Is there any additional Public Comment . Seeing none, Public Comment is closed. We are done with this item unless there is a requested action . Jason fried, the one thing that laf...

Cheapest electricity in california and in much of the country is natural gas electricity. Okay. Renewables are getting a lot cheaper but they are not cheaper than natural gas right now. So we have to be very clear about this. We do not need to wait for pg es green tariff rates to come out before we set our not to exceed rates because they are not going to be below their brown power rates and we know what the brown power rates are and we know that we just like marin and Sonoma County are going to...

Californias for energy choice. One of the coordinate ors that helped fight on ab. The rates really need to be challenged. Right now the cheapest electricity in california and in much of the country is natural gas electricity. Okay. Renewables are getting a lot cheaper but they are not cheaper than natural gas right now. So we have to be very clear about this. We do not need to wait for pg es green tariff rates to come out before we set our not to exceed rates because they are not going to be bel...

But even right now, the Oil Companies would like to take over what we are doing about solar too. But what they want to do is do it out in the valley where it dont benefit us and ship it to us. We want to do it right here. And as a matter of fact, weve been talking to some people in china with hanson lee about a plant. We can get that done. Im just happy that we need to move around because we are a long time with this issue and now we have enough people behind it. One thing we want to look at is ...

The lack of progress on mountain tunnel 6 hostilities the mode to have a schedule and budget that was adapted by this commission such information would ordinarily be in the plan this is a successful step for this time after time weve had to adapt those plans and force this commission and the leadership of our organization to reaffirm your ability to meet the schedules and goals and track if i understand that such a schedule and goal to can be made i ask you have this for adoption in may so the c...