CPUC Says Gas Storage Needed In Near Term, But Floats Aliso Closure

California energy regulators are concluding that the Aliso Canyon natural gas storage facility in southern California -- which suffered a massive methane leak in 2015-16 -- is vitally needed in the near term to help the region maintain power reliability and cost controls, but they are floating potential scenarios for the facility’s closure by 2027 or 2035. “As California pursues its decarbonization goals, natural gas demand will decline over time. Currently, however, millions of individuals and businesses continue to rely...