PG&E

In a modern economy increasingly dependent on electric power, blackouts can wreak havoc when the loads are critical to life, business, and even a comfortable lifestyle. The problem may be growing, but there

Developers and other sellers of electricity have traditionally viewed utilities as creditworthy counterparties. Utilities are longstanding institutions that provide a public service and receive a regulated

A federal bankruptcy judge on Oct. 9 ruled that Pacific Gas & Electric (PG&E), California’s largest utility, does not have the sole right to determine the terms of its reorganization. Judge Dennis Montali said those who support a rival proposal, which was devised by a group of the utility’s creditors, can have their plan considered. […]

Pacific Gas & Electric (PG&E) wants to cap its liabilities from damages caused by California wildfires at about $18 billion, according to the reorganization plan filed by the bankrupt utility September 9 in federal court in San Francisco. The amount is less than half what creditors, including insurance companies and wildfire victims, say they are […]

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 […]

Newest offering helps leaders in digital, education, healthcare and public sectors support new renewable energy facility in Oregon PORTLAND, Ore., Aug. 21, 2019 /PRNewswire/ — Portland General Electric (NYSE: POR) recently launched Green Future Impact, a new solution that helps large commercial and industrial customers source 100% of their electricity from new wind or solar renewable […]

California utility Pacific Gas & Electric (PG&E) has asked the judge overseeing its bankruptcy case to support restructured deals with some of the utility’s power suppliers in an effort to reduce the price PG&E pays for those companies’ electricity. The fate of $42 billion worth of long-term power purchase agreements (PPAs) is a key component […]

U.S. utility Portland General Electric has launched a first of its kind project that will integrate smart grid technologies at a very large scale in the US. The smart grid test bed will accelerate the utility’s energy decarbonization and clean energy efforts, in partnership with customers. Some 20,000 customers across three neighborhoods, Hillsboro, Portland and Milwaukee, will participate in the utility’s demand […]

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