Less than a month into the California utility’s bankruptcy, various players are trying to shape the company’s future. Here are three big questions facing it.
A city takeover of PG&E would complicate, not fix, the energy challenges we face. IBEW union members work at nearly every publicly-owned utility in Central and Northern California — we are in no way opposed to public power. But, let me remind you, the voters of San Francisco have twice rejected the city purchasing and administering… [Read More]
“For the good of our state, we must focus on how we can safely adapt our systems to what Jerry Brown described as “the new abnormal.” If we don’t, every Californian will be paying the price for policies that don’t match our priorities,” IBEW 1245 Business Manager Tom Dalzell writes in CalMatters.
CAISO market participants and companies that do business with Pacific Gas and Electric could end up paying a hefty price for the giant utility’s financial collapse.
PG&E Corp.’s bankruptcy could mark a business milestone: the first major corporate casualty of climate change. Few people expect it will be the last.
The U.S. Energy Department has backed renewable-energy projects contracted to supply power to PG&E with a total of $8.3 billion in loans and loan guarantees. And a bankruptcy filing — which PG&E plans to make as soon as month’s end — threatens those power-purchase agreements, along with several others signed years ago when green-power prices were much… [Read More]
The head of the San Francisco Public Utilities Commission says Monday’s announcement by Pacific Gas & Electric that it plans to file for bankruptcy protection has led the city to consider buying some of PG&E’s electricity distribution system.
National Grid workers who have been locked out can finally return to work. Two unions representing the more than 1,200 workers officially voted to approve a deal with National Grid Monday.
PG&E has released new details about the start of one of California’s most devastating wildfires — the October 2017 Tubbs Fire — in a court filing that appears to shift blame onto a handyman the company says performed unlicensed electrical work on a rural property near Calistoga.
Facing staggering liability costs for its potential culpability in a series of deadly wildfires, the parent company of California’s largest utility is exploring whether to sell off a major part of the company, NPR has learned.