California
San Diego and neighboring cities plan to form a community choice aggregation (CCA) program that would be California's second largest.
The California Legislature has passed four bills related to electricity, including one that could help shepherd the sale of PG&E’s San Francisco assets.
Sadness over the recent death of Robert Kahn suffused this year’s NIPPC annual meeting, where speakers remembered and praised the energy veteran.
PG&E [NYSE:PCG] announced it had reached an $11B settlement agreement with nearly all the insurers trying to recoup their payments to victims of wildfires.
PG&E Corp. [NYSCE:PCG] filed a reorganization plan in U.S. Bankruptcy Court that includes $16.9 billion to pay for wildfire claims.
PG&E Corp. said it was postponing a controversial effort to secure up to $20 billion in bonds from the state to pay for wildfires sparked by its equipment.
California stakeholders have proposed replacing the state’s resource adequacy framework with a “central buyer” responsible for procuring resources.
PG&E is hoping the California legislature will approve a bill providing up to $20 billion in bonds to help the company pay its debts to wildfire victims.
The judge overseeing PG&E’s bankruptcy ruled against bondholders and insurers that wanted to offer their own reorganization plans for the embattled utility.
Lawyers representing PG&E and California wildfire victims argued over how to estimate the potential liability of the bankrupt utility.
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