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July 2, 2024

Pacific Gas and Electric (PG&E)

Wildfire Liability, Criminal Charges Cloud PG&E Outlook
PG&E faces criminal charges and wildfire liabilities not included in last year’s bankruptcy settlement, company officials said in an earnings call.
CPUC Applies Stricter Oversight to PG&E
California's PUC used its new enhanced oversight & enforcement powers for the first time against PG&E, citing the utility’s failure to weigh wildfire risks.
Prosecutors Charge PG&E for 2019 Kincade Fire
The Sonoma County District Attorney’s office filed 33 criminal charges against Pacific Gas and Electric in connection with the Kincade Fire.
Conflict over Power Shutoffs Grows in California
Debate over using large-scale blackouts to prevent wildfires in California has become more urgent as the state heads into another fire season.
CPUC, CAISO Take Major Steps for Summer Reliability
The CPUC and CAISO instituted new resource adequacy requirements and conservation programs in preparation for the coming summer.
PG&E Equipment Started Zogg Fire, Investigation Finds
The Zogg Fire started when a leaning tree struck a PG&E power line, the California Department of Forestry and Fire Protection said.
FERC Dismisses Calif. Nuclear Complaint
FERC threw out a complaint by activist group CGNP against that sought to stop the closure of PG&E’s Diablo Canyon Power Plant.
Calif. Tries to Rein in PSPS for Fire Season
California regulators are trying to avoid a repeat of last year’s unprecedented use of PSPS to prevent utility equipment from igniting wildfires.
Green Transition Sparks Comeback for Utility Securitizations
Utility securitizations are making a comeback as power companies & state governments seek ways to deal with the huge costs associated with decarbonization.
New PG&E CEO Promises ‘Hometown Experience’
New PG&E CEO Patti Poppe vowed change as she laid out her vision for the utility, which reported a loss of $1.05/share for 2020.

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