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New
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GUSD Minting
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Sempra Hydrogen Petition Seeks Faster Clarity On Future Gas Investments
Sempra’s subsidiaries, Southern California Gas Co. and San Diego Gas & Electric, have petitioned California regulators to remove a 5% hydrogen blending demonstration requirement, arguing existing data is sufficient. This move aims to accelerate clarity on hydrogen blending rules, potentially influencing future capital plans and regulatory discussions for Sempra (NYSE:SRE). The petition is seen as a strategic step for Sempra to shape the regulatory environment for its gas networks in California’s decarbonization efforts, rather than an immediate financial impact.