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July 3, 2024

California wildfires

‘Last Challenging Night’ for CAISO, Governor Hopes
A grueling heat wave that caused rolling blackouts and sparked wildfires across California is expected to abate somewhat starting Thursday.
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.
Calif. PUC Seeks to Beef up Risk Assessment for IOUs
The California PUC opened a new proceeding to determine if investor-owned utilities should more rigorously assess risks from climate change and wildfires.
Calif. Rushing Microgrids for Fire Season Shutoffs
California is moving to adopt microgrids to store wind and solar energy and to provide electricity during public safety power shutoffs in wildfire season.
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.
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.
California PUC Approves Microgrids, Fire Plans
The California PUC adopted measures to prepare for this year’s fire season by accelerating deployment of microgrids and approving IOU prevention plans.
PG&E Names New Board of Directors
PG&E Corp named a nearly new board of directors to guide the troubled utility after it emerges from bankruptcy, probably later this month.
Lawyers Close PG&E Bankruptcy Case
Bankruptcy attorneys representing PG&E told Judge Dennis Montali the utility’s reorganization plan is the best possible outcome for victims and ratepayers.
PG&E Fire Victims Urge Judge to Reject Plan
Fire victims unhappy with PG&E’s reorganization scheme urged U.S. Bankruptcy Judge Dennis Montali to reject it during the second day of arguments.

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