Utility PGE Reports $100M Losses From Trading Portfolio, Will Not Seek Recovery From Customers
Portland General Electric Company (NYSE: POR) ("PGE" or the "Company") provided a business update in connection with energy trading activity in certa...
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Updated PG&E Bankruptcy Commitments Provide For Sale Process, If Chapter 11 Plan Not Confirmed
PG&E Corporation and Pacific Gas and Electric Company (together, 'PG&E' or the 'company') announced that the company has filed a motion with the Bank...
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Calif. Gov. Says State "Will Not Hesitate" To Restructure PG&E
California Governor Gavin Newsom has said that the state, "will not hesitate to step in and restructure," Pacific Gas & Electric if parties in PG&E'...
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Calif. Gov. Wants Warren Buffett To Buy PG&E
California Governor Gavin Newsom recently expressed a desire for Warren Buffett's Berkshire Hathaway to bid for Pacific Gas & Electric, Bloomberg re...
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San Jose Seeking To Turn All Of PG&E Into Consumer-Owned Utility
San Jose will seek to convert the entirety of Pacific Gas & Electric (not just assets within San Jose) into a consumer-owned utility, the Wall Street ...
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California PUC Opens Formal Proceeding To Consider PG&E Bankruptcy Plan
The California Public Utilities Commission (CPUC) has opened a formal proceeding to consider the ratemaking and other implications of a proposed pla...
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San Francisco Seeks To Take Over PG&E Assets For $2.5 Billion
The City of San Francisco has presented to Pacific Gas & Electric an offer to take over PG&E's electric distribution assets and related infrastructure...
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Utility PG&E Names Former Exec At Retail Supplier Parent As CEO
PG&E Corporation announced that the Board of Directors of its main subsidiary, Pacific Gas and Electric Company ('PG&E' or the 'Ut...
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San Francisco Could Soon Make PG&E Offer For Distribution System
The San Francisco Chronicle reports on ongoing efforts from the City of San Francisco to acquire Pacific Gas & Electric's distribution system in the c...
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Calif. Wildfire Bill Includes Provision Requiring PUC Approval For Municipal Takeover Of PG&E Assets
An adopted California bill addressing wildfire liability of California utilities included an amendment requiring cities to receive approval from the P...
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Bankruptcy Judge: FERC "Must Be Stopped", FERC Lacks Jurisdiction Over PG&E Contracts Rejection
A U.S. bankruptcy judge ruled that FERC exceeded its authority when FERC declared that FERC would have "concurrent" jurisdiction over any PPAs that Pa...
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Findings In Preliminary Report From SFPUC Staff "Support" San Francisco Takeover Of PG&E Assets
The San Francisco Public Utilities Commission has released a preliminary report from City Staff concerning a potential municipalization of Pacific Gas...
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San Francisco Eyes Municipalization Of PG&E Assets With Utility In Bankruptcy
Bloomberg interviewed San Francisco Mayor London Breed who discussed the city's consideration of the municipalization of Pacific Gas & Electric's ass...
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Former CPUC Commish, CAISO Official Recommend Removing PG&E From POLR Role
Mark Ferron and Lorenzo Kristov have written an op-ed in the San Francisco Chronicle outlining their view for a 21st century Pacific Gas & Electric
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Wires Only, Muni Among Possibilities For Future Of PG&E
The San Francisco Chronicle reports on various options for the future structure of Pacific Gas & Electric, such as a wires-only company or municipali...
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