Pacific Gas and Electric Company’s Post

BERKSHIRE HATHAWAY INC. Meeting Date: May 4, 2024 - Shareholder proposal requesting that the Board of Directors disclose in a consolidated annual report GHG emissions data by scope, as well as progress toward its net-zero decarbonization goal, for Berkshire Hathaway Energy. - Shareholder proposal regarding how the Company intends to measure, disclose and reduce GHG emissions associated with its underwriting, insuring and investing activities. - Shareholder proposal regarding the reporting on the effectiveness of the Corporation’s diversity, equity and inclusion efforts. - Shareholder proposal requesting that the Boad of Directors form a Railroad Safety Committee of independent directors. - Shareholder proposal requesting that the Board seek an audited report assessing how applying the findings of the Energy Policy Research Foundation would affect the assumptions, costs, estimates and valuations underlying the Company’s financial statements. - Shareholder proposal requesting that the Company report annually on the nature and extent to which the Company’s operations depend on and are vulnerable to China. https://lnkd.in/g7Js9EVb

DOE is looking for feedback! Weigh in on our proposal to connect companies applying for manufacturing projects with private sector capital. Learn more about how President Biden's Investing in America agenda is working to strengthen the domestic energy supply chains and provide your input. 👇👷♂️🔋

Four in five businesses expect to increase their prices over the next two years in response to higher energy costs, a survey showed. Research by PwC showed 81pc of companies plan to up their prices, while 70pc think they will be less competitive over the period. #ukeconomy #sme #costoflivingcrisis https://lnkd.in/eDsKcpkV

Did you know your input can help bolster domestic energy supply chains? As part of the Biden-Harris Administration’s Investing in America agenda, we’re taking another step forward to strengthening our domestic energy supply chains. The @Office-of-Manufacturing-and-Energy-Supply-Chains released a Request for Information seeking public feedback for a proposed initiative that will facilitate the investment necessary to build out the U.S. manufacturing #supplychain. The Manufacturing Capital Connector initiative aims to connect applicants to DOE-administered #cleanenergy #manufacturing programs to a range of #capital providers seeking high-quality projects. https://lnkd.in/eba36nwd. Please note, responses to this RFI must be submitted electronically as attachments to CapitalConnector-RFI@hq.doe.gov no later than 5:00 pm (ET), March 15, 2024.

There are some very significant numbers in this article that put the impact of the IRA in perspective. "Projects announced in 2023 combine for $64 billion in private investment and the creation of over 61,000 jobs" Manufacturing jobs created (60k) dwarfed those in Power Generation (1k) and I'm interested to see what trends we see in 2024! #IRA #energyjobs #solarmanufacturing

🌟 THE One Minute Energy Update for 7-22-24 🌟 Today’s highlights to kick off the work week: 🔹 1600 Penn Ave Update: More uncertainty on the direction of domestic energy. 🔹 NYMEX Update: Green all the way through Oct 2032. 📈 NYMEX up due to a warmer-than-expected shift in weather. 🌡️ 🔹 RFP ES Expansion: Opens Mid-Atlantic office and adds more regions to service/supply map. 🌍 📊 Market Stats: Open: $2.10 High: $2.24 Low: $2.09 Current: $2.20 📅 NYMEX Calendar Year Estimates: 2024 = $2.53 2025 = $3.34 2026 = $3.68 📉 Average Prices: 2024 Monthly Avg: $2.19 2023 Monthly Avg: $2.73 2022 Monthly Avg: $6.64 2021 Monthly Avg: $3.84 📈 Technical Levels: Below the 50-day ($2.55), 20-day ($2.40), and 9-day ($2.21) averages. Resistance: Starting @ $2.16/$2.19 Pivot: $2.13 Support: Starting @ $2.07/$2.00 📍 Basis Prices: PG&E CG Basis: 2023 Avg: $9.83, 2024 Avg: $3.24 SoCal CG Basis: 2023 Avg: $10.95, 2024 Avg: $3.03 SoCal Border Basis: 2023 Avg: $8.14, 2024 Avg: $2.45 🚢 Exports/Imports: LNG Exports: 11.0Bcf/D Mexico Exports: 6.8Bcf Canadian Imports: 6.4Bcf 📉 Supply & Demand: Est. Supply: 108.5Bcf 7 Day Avg. Supply: 108.39Bcf Est. Production: 101.7Bcf Est. Demand: 102.6Bcf 7 Day Avg. Demand: 103.9Bcf 🔄 Rig Count: Total active rigs: 586 (NatGas: 103, Oil: 477, Misc.: 6) 🏪 Storage: Latest injection: 10Bcf (below 28Bcf estimate) Current storage: 3,209Bcf (250Bcf higher than last year, 465Bcf above 5-year avg) Oct ’24 forecast: 3.79Tcf – 4.06Tcf March ’25 estimate: 1.55Tcf – 2.00Tcf ☀️ Weather: U.S. temperatures falling this week Hurricane Season: 25 tropical storms, 12 hurricanes, 6 major hurricanes 🛢️ Crude Oil: Current price: $80.13 Forward estimates: 2024 = $77.74, 2025 = $73.16, 2026 = $69.12 ⚡ CA Retail Power: Grid status: Normal, CAISO pricing: $40 - $44 per MWH 🌍 Carbon Offsets: Mandates starting as early as 2025. Is your company ready? 🌱 📉 Bottom Line: EIA forecasts 2025 NYMEX avg at $3.30. Current avg: $3.37 Declining storage surplus, new demand from LNG pushing prices up. 🌎 RFP ES Expansion: Now providing energy in multiple regions including WA, OR, CA, NV, AR, NM, TX, PJM, Mid-Con, Gulf States, NC, VA. 📬 Get a Quote: Visit RFPES.com to submit a Request for Proposal. 📝 #NYMEXUp #PG&EBasisUp #SoCalBasisUp #WeatherBearishForThisWeek #CarbonOffsets

Transcorp Power Plc Reports Strong Q3 2024 Results—153% Revenue Growth, 198% Profit Surge Transcorp Power Plc has reported an exceptional Q3 2024 financial performance, with revenue reaching N223.6 billion and profit before tax surging by 198% to N81.1 billion. Its commitment to operational efficiency, strategic focus, and cost management has driven this remarkable growth. With a 36.3% net profit margin and a 56% return on equity, it continues to solidify its leadership in Nigeria’s power sector. As it prepares for the upcoming transitions in the power market, it is more optimistic than ever about the future. Read the full report: https://lnkd.in/g8hB3mGC #TranscorpPower #EnergyLeadership #NigeriaBusiness #Q3Results #SustainableGrowth           

Transcorp Power Plc grew profit by 186% year on year to N58.5 billion at the end of the third quarter of financial year 2024, from N20.4 billion in the comparable period in 2023. In its regulatory filing, the company said its revenue printed at N223.6 billion, representing a significant 153% growth year-on-year, over N88.4 billion in Q3 2023. Profit before tax surged by 198% to N81.1 billion, compared to N27.3 billion in September 2023. https://lnkd.in/eEcUGHCy #TranscorpPowerPlc

Energy & utilities expanding robustly: The sector has surpassed a significant milestone by leasing over one million square feet in a single year for the first time. As one of the nation's most rapidly expanding sectors, we anticipate this upward trajectory to have a profound impact on the industrial market. This surge in activity is poised to attract suppliers and complementary businesses eager to capitalize on the industry’s profitability and the area's skilled labor force.

https://lnkd.in/eY499-h3 UK government report details reduced income from O&G industry. (stating the obvious). Reduction based on lower production levels, lower profit levels, lower energy costs on market. UK government government Offgen regulator continues to "shaft" retail customers by implementing increased price caps in 2023/2024. 2024/25: UK government ignore reducing World energy prices and wholesale costs, and Offgen allow 12% & 5% increases in retail prices to providers, who are now benefitting from 16% cost reductions from 2023/24. Offgen make no comment on increased "retail daily standing charge" imposed by providers on domestic consumers of electric and gas to circa 55million individual metered accounts. 12p>>>62p, increase of 50p daily in last 3 years. (£27 million daily revenue increase) £10billion per year increase. Standing charge originally increased to pay off losses due to provider consolidation and loss making providers hit by Ukraine war price increases. So, what has been done with the extra c£24 billion collected over the last 3 years? Anyone?