February 24, 2025

Pacific Gas and Electric (PG&E)

PG&E
PG&E Vows to Reach Net Zero by 2040
PG&E said it plans to achieve carbon neutrality by 2040 and to withdraw more carbon from the air than it produces by 2050 using carbon capture and other means.
NCPA
PG&E-led Demo Project to Explore Viability of Hydrogen
PG&E announced an ambitious pilot project to test whether it can transport hydrogen in natural gas lines and burn the fuel for electric generation.
Entergy
Federal Aid Likely Too Late to Save Palisades, Diablo Canyon Nukes
The Department of Energy’s lifeline to struggling nuclear generators appears unlikely to save the next three units scheduled to retire.
EKM Metering
Extra Large PG&E Battery Project Goes Live
PG&E announced that its 182.5-MW Elkhorn Battery project, comprising 256 Tesla Megapack units, had commenced operation in CAISO.
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PG&E Settles Kincade, Dixie Fires with Prosecutors
PG&E and Northern California prosecutors agreed to settle last summer's 1-million-acre Dixie Fire and the Kincade Fire in Sonoma County for $55 million.
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PG&E Rate Request Prompts Protests
PG&E is seeking a 23% electric rate increase in 2023-26 on top of the 19% it received this year, eliciting protests from customers and ratepayer advocates.
U.S. Forest Service
FERC Rejects PG&E Bid to Raise Profits
FERC rebuffed a request by PG&E for a 13% return on equity based on its financial risks from wildfires and the state's aggressive decarbonization efforts.
Shutterstock
California Addresses Electric ‘Affordability Emergency’
A two-day summit on soaring utility rates looked at covering wildfire prevention and clean-energy costs with funding from sources other than ratepayers.
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Rate Hikes Prompt Concern in California
The CPUC is worried about customers after approving back-to-back $1 billion cost increases for PG&E and substantial rate hikes for the state’s other big IOUs.
National Forest Service
PG&E Ends Probation as a ‘Menace to California,’ Judge Says
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.

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