California wildfires
FERC granted and denied in part challenges to Pacific Gas and Electric’s 2022 transmission rates, finding that PG&E must remove certain costs from its rate base while also denying a request to pause the utility’s ability to recover costs stemming from two fires.
Lawmakers are poised to place on the November ballot a $10 billion climate resilience bond measure that would provide $850 million for clean energy projects, including offshore wind.
California’s “leadership in electrification” will be a key driver of Pacific Gas and Electric’s expected customer growth over the next five years, CEO Patti Poppe said during an earnings call.
In California, a predicted budget shortfall that grew $9 billion since January has not resulted in additional proposed cuts in climate and energy spending.
A judge said there is enough evidence to try PG&E on four manslaughter counts and other charges from the September 2020 Zogg Fire in Shasta County, Calif.
JPxG, CC BY-SA 4.0, via Wikimedia Commons
PG&E asked the CPUC to approve a plan that would allow it to sell a stake in a new generation subsidiary, with proceeds to be used to fund capital investment.
PG&E and Southern California Edison have filed incident reports with the California PUC related to the two largest wildfires burning in the state.
PG&E ended five years of probation, but the judge in charge of the case said the utility remains a danger to Californians in high fire-threat areas.
Federal prosecutors said they would not ask for an extension of PG&E's probation time based on California criminal charges.
PG&E de-energized power lines in California as high winds and drought raised the risk of wildfires, but it was able to keep its latest PSPS more limited.
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