PG&E Corp. [NYSCE:PCG] filed a reorganization plan in U.S. Bankruptcy Court that includes $16.9 billion to pay for wildfire claims.

PG&E Corp. said it was postponing a controversial effort to secure up to $20 billion in bonds from the state to pay for wildfires sparked by its equipment.

California stakeholders have proposed replacing the state’s resource adequacy framework with a “central buyer” responsible for procuring resources.

PG&E is hoping the California legislature will approve a bill providing up to $20 billion in bonds to help the company pay its debts to wildfire victims.

The judge overseeing PG&E’s bankruptcy ruled against bondholders and insurers that wanted to offer their own reorganization plans for the embattled utility.

Lawyers representing PG&E and California wildfire victims argued over how to estimate the potential liability of the bankrupt utility.

The judge overseeing PG&E’s bankruptcy questioned the utility’s attorney over an executive compensation package that includes $11 million in bonuses.

California must find new approaches to long-term forecasting and collaboration, speakers said at a California Energy Commission workshop.

The 9th Circuit found California’s Renewable Market Adjusting Tariff program violated PURPA by capping the energy utilities must purchase from QFs.

FERC reaffirmed that Pacific Gas & Electric participates voluntarily in CAISO and qualifies for hefty financial incentives to remain in the ISO.