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Pg&E

PG&E Fined $1.27M Over Delays in Natural Gas Pipe Maintenance

PG&E Fined $1.27M Over Delays in Natural Gas Pipe Maintenance

California regulators handed Pacific Gas and Electric Co. (PG&E) a citation last week after the utility allegedly failed to promptly correct faults in its system used to prevent corrosion in natural gas infrastructure. In the first quarter of 2021, the San Francisco-based utility submitted an internal review to the California Public Utilities Commission’s (CPUC) Safety…

June 29, 2022
RNG Playing Key Role in Decarbonizing California, Says PG&E

RNG Playing Key Role in Decarbonizing California, Says PG&E

The goal of California-based Pacific Gas and Electric Corp. (PG&E) to have renewable natural gas (RNG) make up 15% of its core throughput is gaining steam as the utility has completed an interconnection to the transmission system.  Natural gas and electric utility PG&E Co. and renewable fuels producer Aemetis Inc. recently cut the ribbon for…

June 21, 2022
Natural Gas Forwards Fall Despite Escalating Storage Worries; Wildfire Threatening California Markets

Natural Gas Forwards Fall Despite Escalating Storage Worries; Wildfire Threatening California Markets

Against a backdrop of persistently wild swings, natural gas forward prices came tumbling down during the trading period from May 5-11, according to NGI’s Forward Look. June fixed natural gas prices averaged $1.130 lower on the week, with both the balance of summer (June-October) and the upcoming winter (November-March) also dropping more than $1.00, Forward…

May 13, 2022
PG&E Agrees to Pay $55M to Settle Dixie, Kincade Wildfire Charges in Six California Counties

PG&E Agrees to Pay $55M to Settle Dixie, Kincade Wildfire Charges in Six California Counties

The nation’s largest natural gas and electric utility, Pacific Gas and Electric Co. (PG&E), agreed to pay around $55 million to settle charges related to the 2019 Kincade and 2021 Dixie wildfires. The settlement announced Monday is with district attorneys (DA) representing six Northern California counties. As a result, no criminal charges are to be…

April 12, 2022
PG&E Equipment Said Cause of California’s Dixie Fire

PG&E Equipment Said Cause of California’s Dixie Fire

An investigation by California Department of Forestry and Fire Protection (CalFIRE) has determined that Pacific Gas and Electric Co. (PG&E) is responsible for last July’s Dixie wildfire in Northern California. After “a meticulous and thorough investigation,” CalFIRE determined the Dixie Fire was caused by “a tree contacting electrical distribution lines” owned and operated by PG&E…

January 6, 2022
Cooler Weather Forecast, Persistently Softer LNG Volumes Send Natural Gas Futures Prices Tumbling

Cooler Weather Forecast, Persistently Softer LNG Volumes Send Natural Gas Futures Prices Tumbling

After another run toward $4.200/MMBtu last week, natural gas futures took a nosedive on Monday as long-range weather forecasts continued to cool while liquefied natural gas (LNG) demand remained well off recent highs. The September Nymex gas futures contract settled at $4.060, off 8.0 cents from Friday’s close. October dropped 7.9 cents to $4.075. Spot…

August 9, 2021
PG&E Fined $106M for 2019 Power Shutoff Events

PG&E Fined $106M for 2019 Power Shutoff Events

California regulators have fined Pacific Gas and Electric Co. (PG&E) $106 million for allegedly violating guidelines in 2019 for executing planned power outages to lower wildfire risks.  The fine by an administrative law judge (ALJ) is part of an ongoing effort by the California Public Utilities Commission (CPUC) to hold the state’s major investor-owned utilities…

June 2, 2021
California Pins 2020 Zogg Wildfire on PG&E Lines

California Pins 2020 Zogg Wildfire on PG&E Lines

The Zogg Fire in Northern California last summer, which killed four people and destroyed more than 200 buildings, was caused by Pacific Gas and Electric Co. (PG&E) distribution lines hit by falling tree branches, state officials said. The wildfire in parts of Shasta and Tehama counties prompted the California Department of Forestry and Fire Protection…

March 30, 2021
Post-Bankruptcy, PG&E Seeking to Reinvent, Shed Debt

Post-Bankruptcy, PG&E Seeking to Reinvent, Shed Debt

PG&E Corp. and Pacific Gas and Electric Co. executives during the second quarter earnings call, the first in 18 months, illustrated the heavy lifting ahead to reduce debt, withstand another wildfire season and complete a reorganization in the aftermath of Chapter 11 bankruptcy. Interim CEO Bill Smith during the quarterly call touched on wildfire mitigation…

August 4, 2020
PG&E, Tesla Begin Work on Landmark Battery Storage Project in Northern California

PG&E, Tesla Begin Work on Landmark Battery Storage Project in Northern California

Tesla Inc. and Pacific Gas and Electric Co. (PG&E) have begun construction of a 182.5 MW lithium-ion battery energy storage system (BESS) at the combination utility’s Moss Landing substation in Monterey County, CA. The megapack system is considered a landmark in developing and deploying utility-scale batteries. In late 2018 California regulators approved plans for Moss…

July 30, 2020