PCG News and Press, Pacific Gas & Electric Co. From 09/02/22

Plant Would Serve as a Reliable, Low-Cost, Carbon-Free Bridge While State Brings New Renewable Resources Online PG&E is Committed to the Highest Levels of Safety, Performance and Security at DCPP Following approval by the California State Legislature, Governor Ga...

Grid Operator Calling for Third Straight Day of Voluntary Energy Conservation Today The state’s grid operator, the California Independent System Operator (CAISO), credits conservation efforts over the past two days for maintaining grid stability and has encouraged cus...

New Program Rewards Customers for Temporarily Reducing Electricity Usage During State-called Flex Alerts New this summer, Pacific Gas and Electric Company (PG&E) customers can be rewarded for saving energy when the state’s grid operator calls a Flex Alert . A ...

PG&E ( NYSE: PCG ) opens little changed on Thursday after the California legislature passed a bill approving a $1.4B government loan to keep the Diablo Canyon nuclear power plant open for five more years, reversing plans to close the facility in 2025. The bill easily...

California's grid operator issued a statewide Flex Alert on Wednesday, asking residents to voluntarily limit their electricity use from 4:00 p.m. to 9:00 p.m. in anticipation of increased energy demands with temperatures expected to soar above 100 degrees Fahrenheit. The Califor...

PG&E ( NYSE: PCG ) +1.8% in Wednesday's trading as California lawmakers passed legislation that aims to speed up a review of the utility's plan to bury its power lines in areas at greatest risk for wildfires, Bloomberg reports. The bill would require state agenc...

Simple Ways to Reduce Energy Use During Hours When Grid Demand Peaks It looks like tomorrow Thursday (September 1) will kick off a week of above normal temperatures throughout Northern and Central California. As part of our ongoing series, Simple Ways to Save Energy, Pac...

Summary We are value investors focusing our efforts on making a few intelligent business decisions for our shareholders and ourselves in order to earn competitive long-term returns when compared to low-risk alternatives and broad market indexes. For the 2022 semi-annual fiscal per...

66 Grants Totaling $730,000 Awarded to Local Fire Departments, Fire Agencies and Community Groups The California Fire Foundation (CFF), with support from The PG&E Corporation Foundation (The Foundation), has awarded a total of $730,000 in wildfire safety grants to 66 loc...

Dan Loeb's 13F portfolio value decreased from $7.68B to $4.22B this quarter. The number of positions decreased from 75 to 58. Third Point added Colgate-Palmolive, Antero Resources, Walt Disney, and T-Mobile US. They also increased Ovintiv. However, net equity exposure was cut sharply ...