Pacific Gas & Electric Co. (PCG) News
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PCG News Highlights
- PCG's 30 day story count now stands at 16.
- Over the past 15 days, the trend for PCG's stories per day has been choppy and unclear. It has oscillated between 1 and 3.
- PG, DEC and LOAN are the most mentioned tickers in articles about PCG.
Latest PCG News From Around the Web
Below are the latest news stories about PG&E CORP that investors may wish to consider to help them evaluate PCG as an investment opportunity.
600 Miles and Counting: PG&E Hits Significant Milestone as Crews Safely Complete Construction, Energization of 350 More Miles of Underground Powerlines in 2023As of this week, Pacific Gas and Electric Company (PG&E) has constructed and energized more than 600 miles of underground powerlines since its ambitious 10,000-Mile Undergrounding program started in mid-2021. |
Rebecca Smith, Reporter Who Exposed Corruption at Enron, Dies at 68Rebecca Smith, a reporter who used her in-depth knowledge of the utility business to expose Enron’s financial deceit, the failure of California’s energy deregulation and the problems with PG&E fire-prone power lines, died on Dec. 15 from complications of an autoimmune disease. Smith, who worked at The Wall Street Journal for more than 20 years, was regarded as one of the most knowledgeable journalists covering the electricity industry, a sector that not all news organizations cover closely. “She was extremely tough-minded,” said John R. Emshwiller, a former Journal reporter who wrote “24 Days” with Smith. |
PG&E Fire Victims Will Soon Receive Final Compensation. They Won’t Be Made Whole.The victims of a series of California wildfires caused by the utility are owed $13.5 billion under a 2020 settlement, but that won’t cover all of their claims. |
Nuclear Regulatory Commission Accepts PG&E's Diablo Canyon Power Plant License Renewal Application, Allows Both Units to Continue Operating Past Current LicensesThe federal Nuclear Regulatory Commission (NRC) determined today that Pacific Gas and Electric Company's (PG&E) License Renewal Application (LRA) for extended operations of Diablo Canyon Power Plant (DCPP) is sufficient for its review. The NRC's determination of sufficiency now allows PG&E to continue operating Units 1 and 2 at DCPP past their current licenses (2024 and 2025, respectively), while the LRA is under review. |
7 Inflation-Proof Consumer Staples Stocks to Buy in DecemberWager on these seven resilient consumer staples stocks poised for robust upside in a challenging economic climate. |
13 Most Profitable Utility Stocks NowIn this piece, we will take a look at the 13 most profitable utility stocks to buy now. If you want to skip our analysis of the utility industry and the recent developments, then you can take a look at the 5 Most Profitable Utility Stocks Now. The utility industry stands to be disrupted the […] |
California's only nuclear plant gets state approval for 5-year extensionCalifornia's utilities regulator on Thursday granted a five-year extension to operate Pacific Gas and Electric's Diablo Canyon power plant, the state's only nuclear facility, to avoid electricity shortages during extreme weather events. The California Public Utilities Commission (CPUC) approved extended operations at the 2,240-megawatts Diablo Canyon plant's two reactor units until 2029 and 2030, from 2024 and 2025, respectively. PG&E can now keep Diablo Canyon running while it awaits a renewed federal operating license, and it must also keep the terms of its $1.4 billion loan agreement with California, the CPUC said in its decision. |
California regulators vote to extend Diablo Canyon nuclear plant operations through 2030California energy regulators voted Thursday to allow the Diablo Canyon nuclear plant to operate for an additional five years, despite calls from environmental groups to shut it down. The California Public Utilities Commission agreed to extend the shutdown date for the state's last functioning nuclear power facility through 2030 instead of closing it in 2025 as previously agreed. |
Creating Value in Electric Utility Industry: RS Technologies CEO George Kirby, Live from NYSEIPO Edge hosted a fireside chat from the floor of the New York Stock Exchange with George Kirby, CEO at RS Technologies. Mr. Kirby spoke to IPO Edge Editor-in-Chief John Jannarone about how the electric utility industry is currently expanding, its need to replace older infrastructure with new proposals that are safe and resilient, future […] |
Keeping Local Restaurants Cooking: 77 Restaurants to Receive $5,000 Resilience Grants, Just in Time for the HolidaysJust in time for the holidays, locally-owned Northern and Central California restaurants will receive a financial boost. The California Restaurant Foundation (CRF) and The PG&E Corporation Foundation (PG&E Foundation) are awarding grants to invest in equipment upgrades, workforce training and more — all intended to help increase long-term business success. |