PG&E – Page 5 – Thinking Port

Former TVA CEO Will Take the Reins at PG&E

April 4, 2019 admin bankruptcy, bill johnson, Business, CEO, Coal, Gas, hr, news, Nuclear, PG&E, Renewables, TVA, workforce

Credit to Author: Aaron Larson| Date: Thu, 04 Apr 2019 13:49:53 +0000

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 […]

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CEOs Say Preserving the Nuclear Power Fleet Is Imperative

March 27, 2019 admin aemo, audrey zibelman, Business, climate change, duke energy, Environmental, geisha williams, Legislative, lynn good, Markets, New Jersey, news, Nuclear, nuclear power plant, PG&E, pseg, ralph izzo

Credit to Author: Aaron Larson| Date: Thu, 28 Mar 2019 01:31:09 +0000

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 […]

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POWER Notebook: First Order for Novel Gas Turbine; Three Mile Island Accident Turns 40; PG&E Pushes Back on Judge’s Proposal

March 25, 2019 admin Afghanistan, Business, court, courts, Environmental, Exelon, Gas, judge, Legal & Regulatory, news, notebook, Nuclear, nuclear subsidies, Pennsylvania, PG&E, siemens, stg-a45, three mile island, Wildfires

Credit to Author: Sonal Patel| Date: Tue, 26 Mar 2019 01:26:11 +0000

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 […]

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Should a Power Company Be Held Responsible for Wildfires?

March 1, 2019 admin bankruptcy, Business, calfire, California, camp fire, Commentary, courts, damage, lawsuit, Legal & Regulatory, liability, news, O&M, pacific gas and electric, PG&E, probation, Safety, T&D, Wildfire

Credit to Author: POWER| Date: Fri, 01 Mar 2019 00:00:00 +0000

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

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California Governor Wants ‘Strike Team’ to Develop Utility Plan

February 12, 2019 admin California, climate change, Coal, Gas, gavin newsom, Legal & Regulatory, news, Nuclear, PG&E, Renewables, san diego gas & electric, Southern California Edison, Wildfires

Credit to Author: Darrell Proctor| Date: Tue, 12 Feb 2019 22:27:44 +0000

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 […]

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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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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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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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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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