Matthew Petre

Beneath the surface, a powerful energy source is at work. Calpine operates The Geysers, the largest geothermal facility in the world, supplying about 50% of California’s in-state geothermal power.   Learn more: https://bit.ly/4s0KrZc

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Southwest Gas Corp. has submitted a procurement agreement to the California PUC that would bring RNG to its California customers, fulfilling regulatory requirements under the state’s Senate Bill 1440 Biomethane Procurement Program #biogas https://lnkd.in/gRh5A59E

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In California Energy Markets from Hannah Grover: The City and County of San Francisco say the fair market value for the assets it seeks to acquire from Pacific Gas & Electric is around $3.4 billion in 2021 dollars. San Francisco on April 20 filed testimony to the California Public Utilities Commission that outlines how it calculated the value of the assets and includes a description of the inventory it wishes to acquire. https://lnkd.in/gEBSkpxx

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The California Department of Water Resources and developer Calpine have brought the 105 MW Pastoria Solar Project online in Arvin, marking the largest renewable energy procurement in the history of the State Water Project. Read more: https://lnkd.in/gZyKX_N4

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Climate Tech Tracker is your go-to source for the latest breakthroughs, investments, and policy shifts shaping the clean technology landscape. Meta Dives into Geothermal with XGS Energy in 150 MW New Mexico Venture Meta has partnered with geothermal startup XGS Energy to develop a 150 megawatt power plant in New Mexico, signaling growing tech industry interest in low-emission, around-the-clock energy. Unlike many geothermal firms, XGS uses a closed-loop system with a proprietary heat-transfer mud, aiming for greater efficiency and minimal water loss. Clean Energy Surges Ahead, Leaving Fossil Fuels in the Dust Global investment in clean energy is projected to reach $2.15 trillion in 2025 – nearly double that of fossil fuels – driven by rapidly falling technology costs and rising demand, particularly in emerging economies. While investment must double again to meet net-zero goals by 2050, current trends suggest the target is within reach as renewables and storage become increasingly attractive to utilities and investors alike. Taming Scope 3: Companies Turn to Collaboration to Cut Supply Chain Emissions Scope 3 emissions – often over 90% of a company’s total – are the hardest to tackle, but experts say collaboration and data standardization across shared suppliers are key to meaningful reductions. While the textile industry leads in decarbonization progress, companies across sectors are aligning sourcing strategies with climate goals, driven more by stakeholder pressure than regulation.

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This morning, California Resources Corporation announced an MOU with Middle River Power to advance carbon capture and decarbonized power solutions across multiple MRP facilities in California. Learn more at crc.com. #CaliforniaResourcesCorporation #MiddleRiverPower #Californiaenergy #CarbonCapture #CCS #AI #PowertoCCS

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The tech and social media giant entered an agreement with XGS Energy to help develop 150 MW of geothermal power generation.

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We’re proud to share that we’ve finalized agreements with California Resources Corporation for two distributed solar projects totaling 30 megawatts at their Kern County oil operations. With all pre-construction milestones complete, Dispatch Energy will take over as the long-term owner and operator of the solar systems.   Once complete, these systems will reduce emissions, lower operational energy costs, and ease pressure on the grid during peak demand.   We’re grateful for our partners Dispatch Energy and California Resources Corporation for the collaboration that will bring these projects to life and for the shared commitment to advancing #distributedcleanenergy across California.   Read the full release here:  https://lnkd.in/gFjPUBTD

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Kern County’s energy landscape highlights the role of a skilled workforce and responsible production across the region. Oil and gas operations continue to support local employment, economic stability, and community development. These efforts are grounded in a strong commitment to safe and efficient operations. #KernCountyEnergy #EnergyJobs #KCE

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A statement from our President & CEO Barry Broome: "On September 10, the California Energy Commission (CEC) is set to award $28 million in taxpayer funds to Electrochemistry Foundry, Inc., a Bay Area-based nonprofit. This award will come out of the CEC’s Battery Pilot Manufacturing Line grant. Over the past 18 months, my staff and I supported Cal EPIC, a Sacramento-based nonprofit, in its pursuit of this grant funding. GSEC founded Cal EPIC and our partners have invested millions of dollars in its pre-development work. Given our engagement with the CEC and others during this grant process, we have serious concerns as to the fairness of the solicitation development and award decision and transparency of the communications and processes surrounding them. We have requested that the California State Auditor undertake an independent investigation into the matter. We have also asked that the CEC remove item “6. Electrochemistry Foundry, Inc.” from the upcoming September 10, 2025 California Energy Commission Business Meeting agenda and delay approval of the grant award until the California State Auditor’s investigation is complete. Californians deserve fairness, accountability and transparency when it comes to public funds. Until that is guaranteed, this award should be put on hold. Greater Sacramento is on course to become the next great region of California. A true partnership with the state would accelerate that trajectory, ensuring our residents and businesses are fully supported in building the future of California’s economy. We urge state leaders to hear and address our concerns, and we stand ready to work together to unlock the full promise of this region."

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CRC joined the Kern Economic Development Corporation’s Energy Summit to take part in discussions shaping California’s energy future. Omar Hayat, CRC’s EVP and Chief Operating Officer, spoke on how CRC is advancing responsible energy production and carbon management solutions to help meet California's ambitious climate goals. CRC is focused on innovative, community-centered solutions that support both environmental progress and economic growth. #CRC #KEDC

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California Resources advances first CO2 injection at Elk Hills, expanding carbon storage capacity and integrating CCS with power and data center demand.

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Excited to share that we have completed Phase 2 of a 4.6 MW single-axis tracker solar project for an oil & gas client here in California. Transformation happens when innovation meets execution. Traditional energy players are stepping forward, embracing solar not as a trend—but as a strategic advantage. This is what leadership looks like: leveraging today’s technology to build tomorrow’s resilience. Proud of the team driving this forward and the partnership that’s making it possible. The future belongs to those who act decisively. ⚡🌞 #SolarEnergy #EnergyTransition #Leadership #Infrastructure #CaliforniaBusiness

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https://lnkd.in/gdHQp6KY CPUC OKs Large Increase to PG&E Energization Cost Cap: The California Public Utilities Commission approved a plan to increase Pacific Gas and Electric’s cost cap for customer energization projects in 2025 and 2026 by more than $1.5 billion, despite acknowledging the utility did not provide data to support its forecast growth in energization applications during those years. While PG&E said the increased cost cap would translate into a 1.8% rate increase for an average residential customer, the CPUC countered that the “evidence does not support” this projected amount. The Utility Reform Network (TURN) estimates proposed cost cap increases would cost $72.50/year for a residential customer that uses 500 kWh/month. 

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“We have technologies in place that we can put in the substation, called SmartValve, that make sure we’re pulling electrons equally from multiple transmission sources. By doing so, we relieve pressure in one area, add more in others, and often avoid capacity upgrades. That allows us to serve more load and lower rates.” – Quinn Nakayama, Senior Director of Grid Innovation & Development, PG&E on the People in Power podcast hosted by Abigail Sawyer at NewsData. We appreciate Quinn highlighting the role of Advanced Power Flow Control in helping utilities meet growing demand with today’s grid. 🎧 Listen to the full episode here: https://lnkd.in/eDEn2A5M #GridInnovation #AdvancedPowerFlowControl #GridEnhancingTechnologies

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🚀 California Forever has unveiled the Solano Foundry, a 2,100-acre tech manufacturing park integrated into its utopian city plan of 175,000 homes to foster a walkable, innovation-driven community. With expedited permitting, streamlined logistics, and abundant renewable energy, Solano Foundry aims to attract top hardware engineers and AI specialists and redefine U.S. manufacturing near Silicon Valley. Read more 👉 https://lnkd.in/dvhve5Mg #TechManufacturing #UrbanInnovation #SustainableDevelopment

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