PG&E Says it Will File Chapter 11 Bankruptcy

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

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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Fate of Diablo Canyon Nuclear Site In Play

Credit to Author: Aaron Larson| Date: Thu, 10 Jan 2019 14:37:38 +0000

The Diablo Canyon Decommissioning Engagement Panel (DCDEP) on Jan. 8 released its recommendations for the Diablo Canyon nuclear power plant and surrounding lands after the plant ceases operations in 2025. The panel—created to foster open and transparent dialogue between members of the local community and the plant’s owner Pacific Gas and Electric Co. (PG&E)—suggested a […]

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California Mandates 100% Renewable Energy

California Gov. Jerry Brown on September 10 signed into law a measure requiring the state to produce all its electricity from renewable sources by 2045. It’s a goal that also has been set by Hawaii and is being discussed by other states. Environmental groups and renewable energy advocates immediately praised Brown’s action. Utilities operating in […]

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