PG&E's bankruptcy looks likely to continue through the first half of 2020, while CAISO seeks to expand its EIM and meet reliability requirements.

California Gov. Gavin Newsom told the bankruptcy court he objects to the plan PG&E submitted, including the proposed $13.5 billion settlement with victims.

PG&E announced it had reached a $13.5 billion settlement with the individual victims of wildfires sparked by its equipment from 2015 to 2018.

FERC approved a settlement reducing Southern California Edison’s 2018 transmission rates and a partial settlement for an ROE increase for wildfire risks.

The federal judge in charge of PG&E’s bankruptcy rejected the utility’s argument that it isn’t subject to CA’s legal doctrine of inverse condemnation.

FERC was skeptical of a proposal by Trans Bay Cable for an increase in its transmission revenues and a $10 million annual reserve in case of wildfires.

PG&E’s attorneys argued in federal bankruptcy court that inverse condemnation applies only to public entities and that the utility is not a public entity.

California officials hammered PG&E executives during a legislative hearing over the utility’s mishandling of multiple public safety power shutoffs.

Wildfire victims and California Gov. Gavin Newsom challenged PG&E’s proposed $11 billion settlement with insurance companies that are seeking reimbursement.

More elected officials are calling for a public takeover or restructuring of PG&E after it blacked out millions of Californians to prevent deadly wildfires.