News Services
CU/CEM Archives CU/CEM Archives:

CD-ROM archives of Clearing Up and California Energy Markets are available for purchase and delivery.

California Energy Markets / This Week

[CEM 1547 / July 12, 2019]

Under Pressure, State Adopts New Law for Utility-Caused Wildfires

Gov. Gavin Newsom’s signature on July 12 to new wildfire legislation brings California into a new era in the way it treats utility liability, but not all are happy with the structure of the plan. Critics charge that a new wildfire fund, to be jointly sourced from electric ratepayers and utility shareholders, is a utility bailout, and note that that inverse condemnation remains unaddressed.

PG&E to Purchase $50-Million Insurance Policy for Company Directors, Officers

U.S. Bankruptcy Judge Dennis Montali on July 7 allowed Pacific Gas & Electric to set aside $50 million as liability insurance for CEO Bill Johnson, company executives and its new crop of board directors, despite expressing mixed feelings about the proposal. The insurance would cover claims that could be filed against the individuals in connection with their positions at PG&E.

Customers Confront Johnson at PG&E GRC Hearing

Request a sample to see why NewsData sets the energy news standard for Western North America.

Pacific Gas & Electric President and CEO Bill Johnson faced a volley of complaints and accusations from the utility’s customers at a July 9 public hearing, including criticism of high rates and failure to prevent wildfires. The hearing provided ratepayers with a chance to weigh in on the utility’s 2020 general rate case application, which requests a $1.1-billion increase in PG&E’s base revenue requirement in 2020.

Also In California Energy Markets This Week . . .

  • Potomac: FERC Alleges Market Manipulation in California
  • California Senate Committee Rejects Procurement Bill
  • Newsom Abruptly Fires DOGGR Chief Ken Harris
  • Bottom Lines: SoCal Gas Poised for Increased Aliso Access

       ...And Much More!

This information is excerpted from California Energy Markets. If you aren't a current subscriber, see for yourself how NewsData's independent reporters put events in an accurate and meaningful context -- request a sample of either or both California Energy Markets and Clearing Up.

Please contact with questions or comments about this site. Contact the editor if you have questions or comments about California Energy Markets content.

Energy Jobs Portal
Energy Jobs Portal
Check out the fastest growing database of energy jobs in the market today.
What's New

NIPPC Annual Meeting--Riding the Wave of Change, September 8-10
Substation California Podcast
Taste editorial excellence.