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The Latest Breaking News from PGE

Decision on California's last nuke plant could be postponed

California legislators and Gov. Gavin Newsom’s office are discussing a compromise over the future of the state’s last operating nuclear power plant that could allow operator Pacific Gas & Electric to seek federal funds for a longer lifespan for the reactors

The Independent UK

California nuke extension challenged in legislative proposal

California Democratic Gov. Gavin Newsom's proposal to extend the life of the state's last operating nuclear power plant by up to 10 years is being rebuffed by Democratic legislators

The Independent UK

Not easy being green: Newsom clashes with with Calif. environmentalists on climate, water

SACRAMENTO, Calif. — The word got out and the environmental lobby was quick to pounce: After years of silence on the issue, Gov. Gavin Newsom’s administration was reviving a controversial plan to burrow a tunnel beneath the Sacramento-San Joaquin Delta, the fragile hub of California’s water-delivery system.

Tribune News Service

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Editorial: 10 more years of nuclear power? Gov. Newsom needs to make the case

With only a few weeks left before state lawmakers adjourn for the year, Gov. Gavin Newsom is making a last-minute push to extend the life of California’s last nuclear plant.

Los Angeles Times

Michael Hiltzik: Keeping the Diablo Canyon nuclear plant open is a dangerous waste of effort and money

When it comes to resurrection stories, the Bible's Lazarus may have nothing on California's Diablo Canyon nuclear power plant.

Los Angeles Times

California could lend PG&E $1.4 billion to save Diablo Canyon nuclear plant

A last-minute proposal from Gov. Gavin Newsom could keep the Diablo Canyon nuclear plant open through 2035, a decade beyond its current closure date — in part by giving owner Pacific Gas & Electric Co. a $1.4-billion forgivable loan.

Los Angeles Times

Nuke or no nuke? California officials ponder nuclear future

The California Energy Commission is holding a three-hour workshop focused on the state’s power needs and what role the Diablo Canyon Nuclear Power Plant might have in maintaining reliable electricity in the climate change era

The Independent UK

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Not so fast: California's last nuke plant might run longer

California's last operating nuclear power plant could get a second lease on life

The Independent UK

Tesla Powerwalls Create Huge 'Distributed Battery' For Grid Reliability

California utility PG&E is collaborating with Tesla on a pilot program to combine thousands of Powerwall home battery systems to create a “virtual power plant."

InsideEVs

Commentary: California is struggling with the twin threats of extreme heat and power outages

Last month, more than 24,000 Bay Area residents experienced a power outage when a local fire affected PG&E equipment.

Los Angeles Times

Will Chart Analysts Notice Bad Omen on PG&E's Chart

If history is any guide, there may be trouble ahead for shares of PG&E (NYSE:PCG). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

Benzinga

Tesla Powerwall Owners In California Can Help Avoid Brownouts — And Get Paid For it

Tesla Inc (NASDAQ: TSLA) has partnered with utility firm PG&E Corporation (NYSE: PCG) to launch a new virtual power plant that will pay Powerwall owners to help boost the electric grid during brownouts in Cal

Benzinga

As wildfire season ramps up, PG&E expands instant power shutoff program

LOS ANGELES — As California prepares to enter the heart of wildfire season amid drought and historically dry conditions, Pacific Gas & Electric Co. said Friday that it has expanded its instant power line shutoffs to cover more high-risk areas.

Los Angeles Times

PG&E expands instant blackout program for 2022 as wildfire risks loom in California

If you live in wildfire country and get your electricity from PG&E Corp., brace yourself for blackouts this summer.

Tribune News Service

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The Independent UK

PG&E moves power underground in plan to bury 10,000 miles

Pacific Gas & Electric Co. is working on an ambitious project to bury thousands of miles of power lines in an effort to prevent wildfires sparked by its equipment and to avoid shutting down power during hot and windy weather

Benzinga

Short Volatility Alert: PG&E Corporation

On Tuesday, shares of PG&E Corporation (NYSE: PCG) experienced volatile short activity. After the activity, the stock price went down -4.23% to $9.96. The overall sentiment for PGE has been Bearish.

Tribune News Service

PG&E ‘excessively delayed’ its response to monster Dixie fire inferno, California report says

SAN JOSE, Calif. — PG&E’s response to the mammoth Dixie fire of 2021 was “excessively delayed,” a blunder that was a major factor behind the spread of the devastating inferno, according to a newly released state report.

Tribune News Service

PG&E’s ‘excessively delayed response’ worsened Dixie fire spread, Cal Fire report claims

SACRAMENTO, Calif. — Cal Fire blamed PG&E Corp. for an “excessively delayed response” that contributed to the furious initial spread of last year’s Dixie fire, which became the second-largest wildfire in California history.

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The Independent UK

PG&E pleads not guilty in deadly 2020 California wildfire

A California utility company has pleaded not guilty to involuntary manslaughter and other charges it faces after its equipment was blamed for starting a Northern California wildfire that killed four people and destroyed hundreds of homes in 2020

The Independent UK

PG&E pledges net-zero emissions by 2040, will keep using gas

The nation's largest utility is pledging to take more carbon emissions out of the atmosphere than it emits by 2040

InsideEVs

PG&E Commissions Its Moss Landing Elkhorn Battery: 256 Tesla Megapacks

Pacific Gas and Electric Company held an official grand commissioning ceremony of its new energy storage system - the Elkhorn Battery, with 256 Tesla Megapacks.

Axios

Infowars' bankruptcy law shell game

The DoJ’s bankruptcy watchdog called the case “a novel and dangerous tactic” and an abuse of the system.

StockNews.com

PG&E vs. NextEra Energy: Which Utilities Stock is a Better Investment?

In today's article I will analyze and compare PG&E (PCG) and NextEra Energy (NEE) to determine which utilities stock is currently a better investment.

Tribune News Service

California faces power shortages and price hikes amid drought woes: report

California faces the grim prospect of a drought-fueled summer of power shortages, hydroelectric plant shutdowns and rising electricity costs in areas that include the service territories of PG&E and other utilities, a report released Friday warns.

Tribune News Service

California is beginning to bury its power lines to prevent wildfire

WALNUT CREEK, California – Etched in dirt, a narrow furrow is the only clue that the grasslands of Lime Ridge Open Space will soon be restored to their original splendor, cleared of dangerous power lines that could ignite nearby subdivisions.

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