Wildfire

SDG&E Outlines Wildfire Preparedness for California Regulators

SDG&E Outlines Wildfire Preparedness for California Regulators

California officials are predicting another difficult wildfire season in California, but San Diego Gas and Electric Co. (SDG&E) CEO Caroline Winn said the combination utility expects that planned outages will unfold smoothly this year.  Winn spoke on Monday during a virtual hearing of the California Public Utilities Commission (CPUC), which is hearing how the major…

August 12, 2020
California OKs Microgrid Program for Planned Wildfire-Related Power Outages

California OKs Microgrid Program for Planned Wildfire-Related Power Outages

California regulators last Thursday approved a multi-billion-dollar microgrid program accelerating short-term actions to lessen the impact of planned wildfire preventive grid shutdowns by the state’s major investor-owned utilities (IOUs).

June 15, 2020
California Utilities Said Facing Fewer Wildfire Financial Risks

California Utilities Said Facing Fewer Wildfire Financial Risks

While the physical risks of California wildfires are projected to increase, actions by courts, lawmakers and regulators over the past 12 months have lowered the state’s financial exposure, according to Moody’s Investors Service.

June 1, 2020
PG&E Bankruptcy Exit Gains Approval from Creditors

PG&E Bankruptcy Exit Gains Approval from Creditors

Pacific Gas and Electric Co. (PG&E) and its parent company last Friday gained approval to reorganize and exit Chapter 11 bankruptcy, including approval from the wildfire victims, with more than 85% voting in favor of the plan.

May 26, 2020
CPUC Approves PG&E’s $1.9B Wildfire Penalty; Delays Safety Assessment

CPUC Approves PG&E’s $1.9B Wildfire Penalty; Delays Safety Assessment

California regulators on Thursday unanimously slapped a $1.9 billion penalty on Pacific Gas and Electric Co. (PG&E) for its role in thehorrific wildfiresthat ravaged Northern California in 2017 and 2018, and separately postponed until the Fall a vote on a long-standing investigation of the San Francisco-based combination utility’s safety culture.

May 8, 2020
PG&E Reorganization OK’d by Bankruptcy Court with $13.5B Settlement Unchanged

PG&E Reorganization OK’d by Bankruptcy Court with $13.5B Settlement Unchanged

The U.S. Bankruptcy Court in San Francisco on Tuesday approved the Pacific Gas and Electric Co. (PG&E)revised reorganization planand left unchanged the $13.5 billion settlement signed late last year.

April 8, 2020
PG&E Reorganization OK’d by Bankruptcy Court with $13.5B Settlement Unchanged

PG&E Reorganization OK’d by Bankruptcy Court with $13.5B Settlement Unchanged

The U.S. Bankruptcy Court in San Francisco on Tuesday approved the Pacific Gas and Electric Co. (PG&E)revised reorganization planand left unchanged the $13.5 billion settlement signed late last year.

April 8, 2020
California Utilities Urged to Step Up Wildfire Mitigation

California Utilities Urged to Step Up Wildfire Mitigation

California’s major utilities have been told to continue pushing forward with enhanced wildfire mitigation plans despite statewide shelter-in-place mandates regarding the Covid-19 pandemic.

April 2, 2020
California Utilities Urged to Step Up Wildfire Mitigation

California Utilities Urged to Step Up Wildfire Mitigation

California’s major utilities have been told to continue pushing forward with enhanced wildfire mitigation plans despite statewide shelter-in-place mandates regarding the Covid-19 pandemic.

April 2, 2020
California Governor, PG&E Agree on Bankruptcy Exit Plan

California Governor, PG&E Agree on Bankruptcy Exit Plan

California Gov. Gavin Newsom and bankruptcy bound Pacific Gas and Electric Co. (PG&E) and its parent company have informed a federal court in San Francisco of their joint support for a revisedplan of reorganizationfor the combination utility’s exit from Chapter 11. The agreement includes PG&E’s acceptance of a state takeover if it fails to get timely court and state approvals.

March 25, 2020
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