California governor to propose 'liquidity fund' to address wildfire costs; FERC expands cybersecurity reporting standards to include non-disruptive incidents; New Jersey's 2021 storage goals could require $650M in subsidies, report for legislature finds; Tendril buys FirstFuel as it pursues 'end-to-end' utility customer solutions strategy
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Gavin Newsom, D, will reportedly ask lawmakers to create the fund, which would be supported by $10 billion in bonds issued by the state's Department of Water Resources and has the support of PG&E's creditors.
The changes to cyberthreat reporting will provide "a more accurate picture of the rapidly changing cyber threat landscape" and secure the bulk power system, according to commission staff.
The state wants to install 600 MW of energy storage int the next couple of years as it targets 2 GW by 2030, but a new analysis warns that could be a costly option.
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