November 16, 2024

Pacific Gas and Electric (PG&E)

PG&E Reports $3.6 Billion Q4 Loss
PG&E reported multibillion-dollar losses in its quarterly and annual reports but expects sustainable financial performance after it emerges from reorganization.
California Bills Target PG&E, IOUs
California lawmakers have drafted a spate of bills since early January aimed at correcting perceived wrongs by PG&E and other investor-owned utilities.
What Spring Could Bring for PG&E
The countdown is on for P&GE's bankruptcy exit, which needs to happen for the utility to participate in an insurance fund to protect it from liabilities.
Bakersfield Balks at Electrification with CPUC
Members of the California PUC met in Bakersfield and heard a much different kind of public comment than they’re used to in San Francisco.
Judge Approves PG&E’s Deal with Bondholders
The federal judge in charge of PG&E’s Chapter 11 reorganization set a timeline for it to exit bankruptcy and approved its recent agreement with bondholders.
New Agreement Swaps COTP Access for CAISO CRRs
FERC will allow the Transmission Agency of Northern California to convert capacity on a line into “option” congestion revenue rights in the CAISO market.
CPUC Proposes New Power Shutoff Guidelines
The California PUC issued proposed guidelines for utilities to follow when intentionally blacking out areas to prevent equipment from starting wildfires.
PG&E Tries to Appease Governor with New Plan
PG&E offered the most detailed versions yet of its plans to emerge from bankruptcy in filings with the California PUC and the U.S. Bankruptcy Court.
A Year Later, PG&E Close to End of Bankruptcy
Lawyers representing shareholders, fire victims and the government are still wrangling to secure a share of the multibillion-dollar pot PG&E will pay out.
CPUC President Vows to be ‘Damn Nimble’
California PUC President Marybel Batjer told lawmakers the commission would move quickly to deal with wildfires, blackouts and PG&E's bankruptcy.

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