Trump’s $7.6 Billion Energy Cuts Hit California Grid Upgrade (4)

The Trump administration’s plan to cancel billions of dollars for energy projects following the US government shutdown includes an initiative to upgrade electric transmission lines in California.

A consortium that includes the California Energy Commission and Southern California Edison was awarded a federal grant of $600 million for the upgrade last year, which was to allow faster access to clean energy. But that project — slated to improve 100 miles of transmission lines — will have its funding cut, according to a list from the Department of Energy.

Shares of Edison International, which operates Southern California Edison, fell ...