California Public Utilities Commission (CPUC)
The California PUC began implementing wildfire cost recovery provisions, as protesters argued against any effort to bailout PG&E for the deadly wildfires.
PG&E’s stock price sank lower Monday and Tuesday, dropping by more than 30% due to fears the company could go bankrupt or be broken up by the state.
After the deadliest wildfire in California history, PG&E is facing intense scrutiny from lawmakers, regulators and a federal judge.
PG&E reported additional problems with its transmission lines prior to the Camp Fire and asked state regulators to approve a more than $1 billion rate hike.
The California Public Utilities Commission voted to examine its rules allowing utilities to de-energize power lines in cases of wildfire conditions.
The California PUC will open a new phase of investigation into PG&E’s practices as the utility faces allegations that its equipment ignited the Camp Fire.
California’s deadliest and most destructive wildfire has set off a new round of turmoil for Pacific Gas and Electric.
FERC rejected a request by developers of a proposed pumped storage project for cost-based rate recovery as a transmission asset in CAISO.
FERC instructed Pacific Gas and Electric and the California Public Utilities Commission (CPUC) to brief it on whether Cal. law allows PG&E to quit CAISO.
CPUC President Michael Picker told California lawmakers that the commission is increasingly focused on wildfire prevention.
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