May 14 CPUC Meeting Results: PG&E Reliability Assumptions Shift, Wildfire Costs Repriced, and Diablo Oversight Changes Through 2030

At today's CPUC voting meeting, the Commission adopted the following items.

• A decision authorizing a deal between PG&E and TURN over how much natural gas PG&E needs available during extremely cold winter days through 2027.
• A decision authorizing SCE's transformation of significant Woolsey Fire costs into a long-term bond payment plan.
• A decision finding that future Diablo Canyon Power Plant cost reviews should use final market values instead of earlier forecast estimates when determining whether costs stayed within the law’s 115% review threshold.

Full summaries of the CPUC's final, redlined versions of these items are provided below the following housekeeping items.

CRI HOUSEKEEPING NOTES

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