PG&E

Six of the 10 most-destructive wildfires in California’s history have occurred over the past two years, and the state’s aging electrical infrastructure is a big part of the problem. According to a report from Gov. Newsom’s Strike Force, equipment owned by California’s three largest investor-owned utilities has ignited more than 2,000 fires (about 1.5 fires […]

Numerous articles have boldly declared Pacific Gas and Electric (PG&E) to be the first of many climate change-related bankruptcies to come. The authors wag their fingers in caution at corporations across

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 […]

Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]

Siemens, Three Mile Island, and Pacific Gas and Electric (PG&E) made notable headlines over recent days. Here is this week’s POWER notebook.  Siemens Bags First Order for 41-MW Aeroderivative Gas Unit Siemens on March 25 said it received its first order for its newest aeroderivative gas turbine offering—the SGT-A45. The buyer, Bayat Power, a subsidiary […]

COMMENTARY Are power purchase and similar agreements excluded from the automatic stay under the safe harbor for forward contracts? Both the FirstEnergy Solutions and Pacific Gas & Electric (PG&E) bankruptcies have seen proceedings regarding power purchase and similar agreements (PPAs) that raise this question. Contracts often contain provisions that enable a party to terminate or modify […]

If you’ve been following the news, you know that Pacific Gas and Electric Co. (PG&E) recently filed for Chapter 11 bankruptcy protection because it is facing tens of billions of dollars in liability for

Project will advance Oregon’s clean energy future while delivering affordable electricity for PGE customers Portland, Ore. Feb. 12, 2019 — Portland General Electric Company (NYSE: POR) and NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced plans to construct a new energy facility in Eastern Oregon combining 300 megawatts of […]

California Governor Gavin Newsom on February 12 said the state has formed a “strike team” as it works to develop plans to help not only utility ratepayers but also utility employees. The move comes in the wake of the bankruptcy filing by Pacific Gas & Electric (PG&E) as the state’s largest utility deals with its […]

COMMENTARY On January 29, POWER magazine published a local viewpoint from one of the members of the Diablo Canyon Decommissioning Engagement Panel (DCDEP). In the commentary, Alex Karlin urged the California Public Utilities Commission (CPUC) to take immediate action to replace the current DCDEP with an independent community advisory panel for purposes of monitoring and […]

COMMENTARY Pacific Gas and Electric Co.’s (PG&E’s) bankruptcy underscores the need for an independent advisory board to monitor, and help San Luis Obispo and the surrounding community navigate through, the Diablo Canyon nuclear power plant decommissioning process. The existing panel—the Diablo Canyon Decommissioning Engagement Panel (DCDEP)—was created by PG&E to serve as a “public relations […]

California utility Pacific Gas and Electric (PG&E) filed for Chapter 11 bankruptcy on Jan. 29, as the company faces as much as $30 billion in potential liabilities for its role in a series of wildfires in the state. The filing was expected after the company notified its workers two weeks ago it was preparing a […]

Shares of beleaguered California utility Pacific Gas & Electric (PG&E) soared on Jan. 24 after a state agency said the company bore no responsibility for a 2017 wildfire in the state. A statement from the California Department of Forestry and Fire Protection (Cal Fire) on Thursday said, “After an extensive and thorough investigation, Cal Fire […]

Pacific Gas & Electric (PG&E) on Jan. 23 said a federal judge’s proposal that the utility mitigate fire danger in its service territory by trimming trees, along with inspecting and repairing thousands of miles of power lines, could cost the company as much as $150 billion this year. William Alsup, a judge in the U.S. […]

California utility PG&E Corp. on Jan. 14 gave its workers the state-required 15-day advance notice of its intent to file a Chapter 11 bankruptcy. The company on Monday said its electric and natural gas service to customers should not be impacted during its reorganization, which comes as PG&E faces billions of dollars in liabilities related […]

Reports on Jan. 13 said giant California utility PG&E Corp. could notify its workers as soon as Jan. 14 that it’s preparing to file for bankruptcy. Bloomberg on Sunday said the San Francisco-based utility, which faces billions of dollars in liabilities as investigations into its role in a series of deadly wildfires continues, will notify […]

The Diablo Canyon Decommissioning Engagement Panel (DCDEP) on Jan. 8 released its recommendations for the Diablo Canyon nuclear power plant and surrounding lands after the plant ceases operations in 2025. The panel—created to foster open and transparent dialogue between members of the local community and the plant’s owner Pacific Gas and Electric Co. (PG&E)—suggested a […]

Additional Diablo Canyon Power Plant Proposal Affirms PG&E’s Commitment to Meet California’s Renewable and Clean Energy Goals SAN FRANCISCO–(BUSINESS WIRE)–Reflecting the company’s commitment to address the growing threat of wildfires, PG&E is proposing a series of important additional safety investments as part of its 2020 General Rate Case (GRC) to help further protect the 16 […]

A research group that provides information to institutional investors said cost estimates to decommission U.S. nuclear plants fell in 2017 for the first time in a decade. The Callan Institute, headquartered in San Francisco, California, in its report said decommissioning cost estimates dropped by 2.5% last year, to $88.8 billion. Callan’s data shows costs estimates […]

California Gov. Jerry Brown on September 10 signed into law a measure requiring the state to produce all its electricity from renewable sources by 2045. It’s a goal that also has been set by Hawaii and is being discussed by other states. Environmental groups and renewable energy advocates immediately praised Brown’s action. Utilities operating in […]

ALISO VIEJO, Calif. — esVolta, a developer and owner of utility-scale energy storage projects across North America, has been selected by Pacific Gas and Electric Company (PG&E) to build an energy storage system in Santa Clara County, California. Under the proposal, which is pending approval by the California Public Utilities Commission (CPUC), esVolta will develop, […]

The California Independent System Operator (CAISO) has approved a request from Pacific Gas and Electric Company (PG&E) to provide a mixture of energy storage, energy efficiency, and system-wide upgrades to ensure reliable electricity in the Oakland, California, area, after the retirement of an aging Dynegy jet fuel-powered plant. PG&E received CAISO approval for its Oakland […]

California regulators have approved Pacific Gas & Electric’s (PG&E’s) application to retire the Diablo Canyon nuclear plant by year-end 2025, ending a protracted battle over the generating station that pitted local economic interests against environmentalists and other opponents of nuclear power. The state Public Utilities Commission (CPUC) on January 11 voted unanimously to accept PG&E’s […]

The fate of Pacific Gas & Electric’s (PG&E’s) Diablo Canyon Power Plant is expected to be decided by year-end, with the California Public Utilities Commission (CPUC) set to hear final arguments about the plant’s future on November 28. The 2.2-GW nuclear plant has operated near Avila Beach, California, since 1985. A judge in early November […]

Self-contained, small islands of electric generation, storage and distribution inside the existing grid–microgrids–could be the next big thing in electricity. But some argue they may be just another

Community choice aggregation (CCA) is only allowed in seven states currently, but recent developments in California have investor-owned utilities there worried. They fear losing up to 80% of their retail load

April 25, 2017 04:19 PM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Pacific Gas and Electric Company (PG&E) joined other California energy companies today in proposing a plan that supports the state’s clean energy goals, protects customer choice and ensures that all customers are treated equally. “We can achieve the state’s clean energy goals while also supporting […]

SAN LUIS OBISPO, Calif.–(BUSINESS WIRE)–With a shared vision of an economically strong and healthy region following the retirement of Diablo Canyon Power Plant (DCPP), Pacific Gas and Electric Company (PG&E), labor and leading environmental groups, the County of San Luis Obispo, the Coalition of Cities (Arroyo Grande, Atascadero, Morro Bay, Paso Robles, Pismo Beach and […]

August 29, 2016 01:00 PM Eastern Daylight Time SAN FRANCISCO–(BUSINESS WIRE)–Pacific Gas and Electric Company (PG&E) today announced a call for proposals for renewable energy developers to build projects for a new clean energy program available to customers. Approximately half of U.S. households and businesses are unable to install private solar systems due to space […]

California’s State Lands Commission has approved a lease extension that Pacific Gas and Electric (PG&E) needed to operate its two Diablo Canyon Power Plant nuclear reactors until 2025. The three-member commission unanimously approved extending the lease for the power plant’s cooling water infrastructure through the end of its current federal licensing period. Without those extensions, […]