Bill Johnson
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News
Johnson Stepping Down as PG&E CEO
Pacific Gas & Electric (PG&E) announced April 22 that Bill Johnson, the president and CEO who took over those roles in the midst of the company’s bankruptcy proceedings, will step down June 30 after just more than one year on the job. The company said Bill Smith, a PG&E board member, will serve as interim […]
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PG&E Seeking $14 Billion in Restructuring Plan
Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $14 billion in equity commitments, as the utility looks to recover from billions of dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history. Bloomberg on […]
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News
Former TVA CEO Will Take the Reins at PG&E
PG&E Corp. announced on April 3 the appointment of William “Bill” Johnson as the company’s new president and CEO. It also announced the appointment of 10 new directors to its board of directors. The board appointments will be effective as of the next in-person board meeting, which will be held as soon as practicable, the […]
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TVA Ponders Closure of Iconic Coal Units
The Tennessee Valley Authority (TVA) wants public input as it considers closing two of the utility’s historic coal-fired power plants: its Bull Run plant in Tennessee, and the last coal-fired unit at its Paradise plant in Kentucky. The Bull Run Fossil Plant, near Oak Ridge, has been the only single-generator coal plant in the TVA […]
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Business
Public Power “Big Dog” TVA Takes Fresh Approach to Resource Planning
At the Tennessee Valley Authority (TVA), generation transitions are nothing new. The nation’s largest public power system—with 34 GW of generating capacity, supplying retail distributors with nine million
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Coal
Public Power “Big Dog” TVA Takes Fresh Approach to Resource Planning
At Tennessee Valley Authority (TVA), repeated generation transitions have marked the giant public power utility’s long history, from hydro, to coal, to nuclear. The latest resource plan points to natural gas, along with renewables and energy efficiency, as the basis for the agency’s generating future. At the Tennessee Valley Authority (TVA), generation transitions are nothing […]