Public Safety Power Shutoffs: How Utilities Could Partner

Credit to Author: Aaron Larson| Date: Mon, 03 Feb 2020 08:06:14 +0000

The post Public Safety Power Shutoffs: How Utilities Could Partner appeared first on POWER Magazine.

Catastrophic wildfires have devastated California in recent years. This article seeks to outline a plan wherein neighboring utilities can send energy to support a utility that has shut down critical paths during wildfire mitigation efforts. On the morning of Nov. 8, 2018, the Camp Fire erupted 90 miles north of Sacramento, California (Figure 1). This fire […]

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Tesla Installing Powerpacks At All California Superchargers In Areas With Expected Rolling Blackouts

Credit 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

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Judge: Court Will Consider Rival Proposal for PG&E Reorganization

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. […]

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PG&E’s Reorganization Plan—Cap Wildfire Liabilities at $18 Billion

Credit 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 […]

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PG&E Seeking $14 Billion in Restructuring Plan

Credit 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 […]

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PG&E Asks Bankruptcy Judge to Back Restructured Power Deals

Credit 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 […]

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