Legal & Regulatory – Page 24

PG&E Files for Bankruptcy, Prepares to Reorganize

January 29, 2019 admin bankruptcy, Business, California, Chapter 11, Coal, Gas, Legal & Regulatory, news, Nuclear, PG&E, Renewables, Wildfires

Credit to Author: Darrell Proctor| Date: Tue, 29 Jan 2019 15:29:16 +0000

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 […]

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NRC Greenlights Final Rule Governing Nuclear Plant Mitigation of Severe Events

January 25, 2019 admin backlit rule, Business, containment venting, fukushima, Legal & Regulatory, mitigation strategies, news, NRC, Nuclear, Physical security, rulemaking, Safety, spent fuel instrumentation

Credit to Author: Sonal Patel| Date: Fri, 25 Jan 2019 15:19:31 +0000

A final rule the Nuclear Regulatory Commission (NRC) plans to publish this spring to replace pivotal actions it issued after the Fukushima accident will require U.S. nuclear generators to ensure they can mitigate severe events at reactors within a two-year compliance timeframe. More than three years after it was proposed, the NRC’s five commissioners on […]

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PG&E Stock Rises After Agency Says No Role in 2017 Fire

January 24, 2019 admin bankruptcy, bluemountain, Business, California, camp fire, Coal, Gas, hedge fund, Legal & Regulatory, Legislative, news, Nuclear, PG&E, Renewables, tubbs fire, Wildfires

Credit to Author: Darrell Proctor| Date: Thu, 24 Jan 2019 22:10:53 +0000

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 […]

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PSEG: Nuclear Plants Will Soon Close Without Subsidies

January 24, 2019 admin Business, hope creek nuclear generating station, Legal & Regulatory, New Jersey, news, Nuclear, pseg, salem nuclear power plant

Credit to Author: Darrell Proctor| Date: Thu, 24 Jan 2019 20:54:53 +0000

Public Service Enterprise Group (PSEG) has told New Jersey officials it needs subsidies to continue operating its three nuclear power units in the state, saying that without financial help it will begin closing its Hope Creek Generating Station and Salem Nuclear Power Plant as early as 2022. The three reactors are the only remaining nuclear […]

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PG&E: Judge’s Proposal Could Cost Utility $150 Billion

January 23, 2019 admin bankruptcy, Business, California, Coal, courts, Gas, Legal & Regulatory, Legislative, news, Nuclear, pacific gas & electric, PG&E, Renewables, Wildfires

Credit to Author: Darrell Proctor| Date: Thu, 24 Jan 2019 00:34:36 +0000

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. […]

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After 18 Months of Dramatic Turns, Hydro One-Avista Merger Deal Officially Dead

January 23, 2019 admin avista, Business, deal, ferc, hydro one, idaho, Legal & Regulatory, Markets, merger, Montana, news, Ontario, T&D, terminate, Washington

Credit to Author: Sonal Patel| Date: Thu, 24 Jan 2019 00:33:47 +0000

Hydro One, Ontario’s largest transmission and distribution provider, and Spokane, Washington–based U.S. utility Avista Corp., have dropped their merger, citing separate denials of the $5.3 billion deal by regulators in Washington and Idaho. The companies said on Jan. 23 they “mutually agreed” to terminate a merger agreement they announced in July 2017. As required by […]

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PG&E Says it Will File Chapter 11 Bankruptcy

January 14, 2019 admin bankruptcy, California, Chapter 11, Coal, Gas, Legal & Regulatory, news, Nuclear, PG&E, Renewables, Wildfires

Credit to Author: Darrell Proctor| Date: Mon, 14 Jan 2019 14:06:08 +0000

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 […]

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Reports: PG&E Prepared to File Bankruptcy in Wake of Wildfires

January 13, 2019 admin bankruptcy, Bloomberg, California, Coal, Gas, gavin newsom, Legal & Regulatory, news, Nuclear, PG&E, Renewables, reuters, Technology, Wildfires

Credit to Author: Darrell Proctor| Date: Mon, 14 Jan 2019 03:37:19 +0000

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 […]

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Clean Air Act Issues Congress Could Grapple With in New Session

January 9, 2019 admin 116th congress, ace, clean air act, Clean Power Plan, Coal, Congress, courts, Environmental, environmental rules, EPA, Legal & Regulatory, Legislative, MATS, NAAQS, news, nsps

Credit to Author: Sonal Patel| Date: Wed, 09 Jan 2019 15:48:02 +0000

While the Republican-led U.S. House and Senate in the 115th Congress was mainly focused on reviewing, for modification or repeal, several environmental rules issued under the Clean Air Act (CAA), the new Democrat majority in the House could focus on a slew of different measures, a new report from the Congressional Research Service (CRS) suggests. […]

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Report: CO2 Emissions from Power Sector Rising

January 8, 2019 admin Business, carbon dioxide, climate change, Coal, emissions, Environmental, EPA, Gas, International, Legal & Regulatory, news, Nuclear, Renewables, rhodium group, Trump

Credit to Author: Darrell Proctor| Date: Tue, 08 Jan 2019 20:05:21 +0000

A new study from an economic research group shows that U.S. emissions of carbon dioxide (CO2) rose about 3.4% last year, including a 1.9% rise in emissions from power generation. The New York-based Rhodium Group, which released its findings on Jan. 8, said its study used data from the U.S. Energy Information Administration (EIA) and […]

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