Credit to Author: Jelisa Castrodale| Date: Fri, 22 Nov 2019 13:17:42 +0000
Roughly 181,000 customers in the Paradise, Calif. area will be affected by power cuts that are scheduled to begin on Wednesday.
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Credit to Author: Alex Lubben| Date: Wed, 30 Oct 2019 21:10:05 +0000
The blackouts imposed by power company PG&E knocked at least six air quality monitoring stations offline, the EPA confirmed to VICE News.
Read moreCredit to Author: Steve Hanley| Date: Mon, 28 Oct 2019 15:56:51 +0000
Calls for the end of investor-owned utilities are increasing across America as people realize their social cost is just too high.
Credit to Author: Harry Cheadle| Date: Thu, 10 Oct 2019 22:02:42 +0000
The decision to cut power in the Bay Area and elsewhere has led to residents struggling in all sorts of ways.
Read moreCredit to Author: Steve Hanley| Date: Thu, 10 Oct 2019 14:25:00 +0000
Rolling blackouts in Northern California have drivers of electric cars worried, but the crisis will affect everyone unless we figure out how to address it effectively. Tesla is installing Powerpacks at all Superchargers in the area as one adaptation solution
Credit to Author: Darrell Proctor| Date: Thu, 10 Oct 2019 01:00:21 +0000
The post Judge: Court Will Consider Rival Proposal for PG&E Reorganization appeared first on POWER Magazine.
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. […]
The post Judge: Court Will Consider Rival Proposal for PG&E Reorganization appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Tue, 10 Sep 2019 00:03:33 +0000
The post PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion appeared first on POWER Magazine.
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 […]
The post PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Thu, 05 Sep 2019 18:52:37 +0000
The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.
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 […]
The post PG&E Seeking $14 Billion in Restructuring Plan appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Fri, 02 Aug 2019 20:55:44 +0000
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 […]
The post PG&E Asks Bankruptcy Judge to Back Restructured Power Deals appeared first on POWER Magazine.
Read moreCredit to Author: POWER| Date: Sat, 01 Jun 2019 00:00:00 +0000
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
The post PG&E Bankruptcy Truly One-of-a-Kind appeared first on POWER Magazine.
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