October 5, 2024

Pacific Gas and Electric (PG&E)

PG&E Blacks out 500K Residents to Prevent Fires
PG&E turned off power for nearly half a million residents to prevent line-sparked wildfires, two minutes after CAISO ended its four-day blackout watch.
CPUC OKs 1.2 GW of Storage by 2021, 38,000 EV Chargers
The California PUC greenlit a major expansion of the state's EV charging program and approved contracts signed by investor-owned utilities to procure 1.2 GW of battery storage.
Are California Utilities Ready for Fire Season?
The fall season when utility equipment tends to start fires is coming and regulators and reliability coordinators want utilities to be ready.
WECC Tackles Wildfires as Reliability Threat
WECC waded into California’s wildfire troubles in an effort to understand how catastrophic blazes could affect reliability and how to protect the grid.
PG&E Reports Steep Q2 Loss on Bankruptcy, Fire Costs
PG&E reported a loss of $3.73/share in the second quarter, driven mainly by $2.5 billion in costs to exit bankruptcy and help pay for the 2019 Kincade Fire.
Governor Signs PG&E ‘Plan B’ Takeover Bill
PG&E said it had completed its bankruptcy restructuring, one day after California enacted a law allowing the state to take over the utility if it fails to obey PUC rules.
CPUC Rejects CAISO Local Capacity Requirement
The California PUC rejected a huge boost in megawatts for the San Francisco Bay Area that CAISO insists NERC and WECC reliability standards require.
UPDATED: PG&E Sentenced; Bankruptcy Plan Approved
A judge sentenced Pacific Gas and Electric to $4 million in fines and fees, the maximum allowed under law, for starting the Camp Fire in November 2018.
Ancient C Hook, Financial Manipulation Caused Camp Fire
Profit pressures and untrained staff allowed a century-old C hook to fail, causing the deadliest and most destructive wildfire in California history.
PG&E Pleads Guilty to 84 Homicides and Arson
PG&E's CEO pled “guilty, your honor,” 84 times to involuntary manslaughter as one of the largest corporate homicide cases in U.S. history neared its conclusion.

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