October 1, 2024

California

PG&E Bankruptcy Judge Appoints Mediator
The federal judge overseeing Pacific Gas and Electric’s bankruptcy named a mediator to help the utility and its bondholders negotiate a reorganization plan.
PG&E Stock Plummets amid Wildfires, Shutoffs
PG&E’s stock price fell to a record low as a huge wildfire its equipment is suspected of starting last week continued burning mostly uncontrolled.
Tx Summit Explores California’s Link to Rest of West
The often tense relationship between California and other Western states occupied much of this year’s Transmission Summit West.
ACORE Forum Frets Reliability as Carbon Pledges Grow
Promoters of renewable energy worry about reliability as fossil-fuel plants retire and renewable resources are slow to take over, ACORE attendees heard.
PG&E Says Blackouts Will Continue
PG&E told regulators its public safety power shutoffs could continue for another decade, and is making plans to turn off electricity if and when necessary.
SCE Suspected in Fire, PG&E Says Shutoffs Worked
SoCal Edison came under increasing scrutiny for its possible role in starting the Saddleridge Fire, while PG&E defended its public safety power shutoffs.
PG&E Restores Power amid Backlash
PG&E restored power to 738,000 customers after its public safety power shutoffs prompted a backlash from the public, state regulators and elected officials.
Calif. Regulators Bash PG&E’s Power Shutoffs
As roughly 600,000 Pacific Gas and Electric customers remained without power, the president of the California PUC called the situation “unacceptable.”
UPDATE: Judge Admits Takeover Plan as PG&E Starts Blackouts
PG&E shut down power to large swaths of its Northern California service territory, citing gusty winds that could cause utility-sparked conflagrations.
PG&E Announces Massive Shutdown to Prevent Wildfires
The escalating battle between bondholders and shareholders to control PG&E (NYSE:PCG) when it exits bankruptcy played out before Judge Dennis Montali.

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