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July 3, 2024

California wildfires

CPUC Approves PG&E Bankruptcy Plan
The CPUC unanimously approved PG&E’s reorganization plan but warned it will be able to end the utility’s monopoly should it fail to ensure public safety.
Skeptics Get Last Chance to Sound off on PG&E Plan
PG&E’s CFO took to the virtual stand in bankruptcy court to face questions about the “feasibility” and “fairness” of the utility’s reorganization plan.
Trial Begins to End PG&E Bankruptcy
A three-day trial that could conclude the bankruptcy of PG&E began via videoconference, with Judge Dennis Montali presiding from his home.
CPUC, PG&E Agree to Record $1.9B in Penalties
The California PUC approved a settlement with PG&E that imposes penalties of more than $1.9 billion for safety and maintenance lapses that led to wildfires.
CPUC Proposal Would Promote Microgrids
A California PUC proposal would speed the interconnection of microgrids to utility distribution systems in anticipation of the state’s upcoming fire season.
Judge Orders PG&E to Improve Line Inspections
The judge in charge of PG&E’s criminal probation imposed new conditions requiring the utility to do better to avoid starting wildfires.
PG&E Seeks to Finalize Deal with FEMA, Calif. Agencies
The judge overseeing PG&E’s bankruptcy rebuffed the utility’s request to quickly approve agreements signed between it, fire victims and government agencies.
PG&E CEO Johnson Says He’ll Step Down
PG&E Corp. CEO Bill Johnson announced he would retire at the end of June, by which time the utility is hoping to exit bankruptcy.
CPUC OKs Largest Rollout of Covered Conductor
The California PUC approved Southern California Edison to install 600 miles of covered conductor to prevent its higher-voltage lines from starting wildfires.
Fire Victims Challenge PG&E Deal as Vote Looms
The $13.5 billion settlement PG&E struck with wildfire victims may be in trouble, threatening one main component of the utility’s plan to exit bankruptcy.

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