PG&E Shareholders, Bondholders Battle Over Future of Beleaguered Utility
The battle to shape the future of the utility is playing out between two different groups: bondholders vs. shareholders.
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The battle to shape the future of the utility is playing out between two different groups: bondholders vs. shareholders.
A new technology being tested by California utilities is aimed at diagnosing problems before they can cause power outages or spark wildfires.
The nation's largest utility said Friday that its distribution lines have sparked no damaging wildfires since it began repeatedly shutting off power to hundreds of thousands of Northern California customers this fall.
A federal judge overseeing PG&E's probation in a criminal pipeline safety case officially ruled Wednesday that PG&E can contribute $3 million to San Bruno for wildfire mitigation.
Crews are working to restore electricity to over 20,000 PG&E customers Tuesday night in the Bay Area, a PG&E spokesperson said.
Pacific Gas & Electric launched a fleet of helicopters and an army of ground crews throughout Wine Country Thursday, searching for any damage to lines and equipment as the utility continued to restore electricity to homes and businesses blacked out during the most recent planned power outage.
Parts of Sonoma County are going through their fifth Public Safety Power Shutoff of the season. But this time around, those without power face the bitter cold as well as fire danger.
Utility regulators demanded answers Wednesday from wireless, internet and landline providers why their equipment failed during previous Pacific Gas & Electric power outages, leaving hundreds of thousands of people without a way to get emergency alerts or make 911 calls.
Nearly 50,000 Wine Country homes and businesses began going dark Wednesday morning in the latest round of Pacific Gas and Electric power outages, but hours later weather conditions had improved enough to allow the cancellation of planned blackouts in five other Northern California counties.
PG&E officials announced Tuesday afternoon that residents in Alameda, Contra Costa, Marin, Santa Clara, Santa Cruz and San Mateo counties would not be impacted by the planned Public Safety Power Shutoff on Wednesday.
Scaling back its original plan, PG&E announced that only residents in Napa, Solano and Sonoma counties would be affected by the public safety power shutoffs. All the uncertainty has left many small businesses feeling powerless, whether the lights are on, or not.
Tens of thousands of East Bay residents will be spared the latest PG&E Public Safety Power Shutoff, but many were well prepared for it.
Extremely dry and windy conditions have prompted Pacific Gas and Electric to issue a 48-hour notice Monday of a potential Public Safety Power Shutoff affecting 264,000 customers in 22 Northern California counties, including six Bay Area counties.
Extremely and windy conditions have prompted Pacific Gas and Electric to issue a 48-hour notice Monday of a potential Public Safety Power Shutoff affecting 264,000 customers in 22 Northern California counties, including six Bay Area counties.
PG&E said Sunday that an expected high wind event Wednesday could prompt a Public Safety Power Shutoff for some customers in the North Bay, Sierra foothills and North Valley, but conditions remain fluid.
The state Public Utility Commission announced Wednesday it will launch an investigation into all aspects of Pacific Gas & Electric's policy to turn off electricity to homes and businesses as a way to prevent wildfires.
California regulators have unanimously ordered an investigation into a dozen deliberate power outages that plunged millions of people into the dark last month.
Pacific Gas & Electric is reporting substantial losses for the third quarter, driven by catastrophic wildfires that have been blamed on the utility's outdated transmission lines.
A power outage affecting over 5,000 residents in the Mission Terrace, Sunnyside, Balboa Park and Excelsior neighborhoods turned out the lights in South San Francisco for about an hour Wednesday night.
California's governor called the chief executive of a troubled utility to his office on Tuesday for a closed-door meeting as the company struggles to emerge from a high-profile bankruptcy while facing criticism for its practice of shutting off power for millions of people to prevent wildfires.
Mayors from the Bay Area to Sacramento are campaigning to turn PG&E into a publicly owned utility.
Pacific Gas & Electric has agreed to extend by two months the deadline to file claims against the company for damages suffered from a series of wildfires in California.
After a week of intermittent power outages in the North Bay, the concept of being free from the grid seems pretty appealing. But even in an area hit hard by disaster, the idea is taking some getting used to.
California Gov. Gavin Newsom said Friday that he wants to speed up the troubled Pacific Gas & Electric bankruptcy case so the company can be restructured in time for next year's wildfire season.
After multiple power shutoffs and the looming threat of more to come, some Bay Area property owners have had enough and are exploring ways of getting themselves off the power grid.
