California approves bill to limit utility liability for wildfires, but not CAISO expansion

“Without fully addressing inverse condemnation, SB 901 still addresses IOU exposure to wildfire damage liability in eight provisions, ClearView Energy Partners LLC noted, including: creating conditions that would allow IOUs to file with the CPUC and recover some costs retroactively (from the 2017 wildfires); establishing a new standard for determining “just and reasonable” costs that IOUs seek to recover going forward for wildfire incidents starting in 2019; and expanding requirements for IOU wildfire mitigation plans.

While SB 901 received a vote before midnight on Friday, another controversial measure did not. AB 813 which provided a pathway to expand CAISO’s jurisdiction, was denied a vote after a similar bill was rejected the year before, despite Brown’s support.

The two-year bill was a regionalization vehicle that would have created a committee and stakeholder process for expanded ISO governance.”

Click here to read more from Utility Dive.

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