California SB 901
A bill intended to shore up California’s IOUs against wildfire liability raced through the state Legislature and landed on the desk of Gov. Gavin Newsom.
California's Commission on Catastrophic Wildfire Cost and Recovery recommended overturning the state’s liability standard for utility-sparked fires.
The California PUC unanimously approved wildfire mitigation plans filed by the state’s large investor-owned utilities in response to last year’s SB 901.
The California PUC released a judge’s proposed ruling approving “stress test” methodology to determine rate recovery for 2017 wildfire costs.
Pacific Gas and Electric proposed spending up to $2.3 billion on grid hardening, increased line inspections, and vegetation management to prevent wildfires.
California’s investor-owned utilities submitted enhanced wildfire mitigation plans to the PUC, and PG&E's will be reviewed by a federal judge.
On the steps of the California state Capitol, former state Sen. Noreen Evans said she believes PG&E won’t go through with Chapter 11 reorganization.
PG&E Corp. and its subsidiary Pacific Gas and Electric will file for federal bankruptcy protection by Jan. 29, the companies announced.
After the deadliest wildfire in California history, PG&E is facing intense scrutiny from lawmakers, regulators and a federal judge.
CAISO will tackle its new role as reliability coordinator in 2019, and California lawmakers will struggle with preventing wildfires sparked by power lines.
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