Utilities

In this photo taken Feb. 18, 2020, people walk behind a Pacific Gas and Electric truck parked in San Francisco. The stock market turmoil triggered by the coronavirus pandemic is raising worries that Pacific Gas & Electric's $13.5 billion settlement with victims of catastrophic wildfires may be worth far less by the time the beleaguered company emerges from bankruptcy. A lawyer who represents more than 81,000 wildfire victims flagged the escalating concerns during a Wednesday, March 25, 2020, court hearing held by conference call. (AP Photo/Jeff Chiu)
March 27, 2020 - 5:14 pm
BERKELEY, Calif. (AP) — Pacific Gas & Electric is warning its elaborate plan for getting out of bankruptcy might collapse if the utility can’t pay for its crimes in a deadly Northern California wildfire by taking money away from a fund set up to compensate thousands of victims for their losses...
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FILE - In a June 3, 2014, photo, the Paradise Fossil Plant stands in Drakesboro Ky. (AP Photo/Dylan Lovan, File)
March 24, 2020 - 12:21 pm
DRAKESBORO, Ky. (AP) — President Donald Trump tried to stop it from happening. The top Republican in the Senate, Mitch McConnell, did too. Despite their best efforts to make good on Trump’s campaign promise to save the beleaguered coal industry, including an eleventh-hour pressure campaign, the...
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FILE - In this Wednesday, Nov. 14, 2018, file photo, sheriff's deputies recover the body of a Camp Fire victim in Paradise, Calif. Pacific Gas & Electric said Monday, March 23, 2020, it will plead guilty to 84 counts of involuntary manslaughter in connection with the 2018 fire in Northern California that killed 84 people and decimated three towns. (AP Photo/Noah Berger, File)
March 23, 2020 - 6:40 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric will plead guilty to 84 counts of involuntary manslaughter for a swath of death and destruction left behind after its fraying electrical grid ignited a 2018 wildfire that destroyed three Northern California towns and drove the nation's largest utility...
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FILE - In this Jan. 14, 2019, file photo, Pacific Gas & Electric vehicles are parked at the PG&E Oakland Service Center in Oakland, Calif. Pacific Gas & Electric on Monday, March 16, 2020, won court approval to raise $23 billion to help pay its bills over destructive California wildfires after Gov. Gavin Newsom dropped his opposition to a financing package designed to help the nation's largest utility get out of bankruptcy. (AP Photo/Ben Margot, File)
March 16, 2020 - 4:20 pm
BERKELEY, Calif. (AP) — Pacific Gas & Electric on Monday won court approval to raise $23 billion to help pay its bills over destructive California wildfires after Gov. Gavin Newsom dropped his opposition to a financing package designed to help the nation's largest utility get out of bankruptcy...
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Japanese Prime Minister Shinzo Abe, center, observes a moment of silence at 2:46 p.m. when a magnitude 9.0 earthquake struck off Japan's northeastern coast nine years ago, at the prime minister's office in Tokyo, Wednesday, March 11, 2020. (Yoshitaka Sugawara/Kyodo News via AP)
March 11, 2020 - 3:24 am
TOKYO (AP) — Some residents along the Japanese northern coast stood on roadsides overlooking the sea, offering silent prayers for their loved ones lost in a massive earthquake and tsunami nine years ago Wednesday. But in Tokyo and many other places around Japan, the day was being remembered without...
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FILE - In this Feb. 11, 2020, file photo a Pacific Gas & Electric truck leaves the company's Oakland Service Center in Oakland, Calif. Pacific Gas & Electric told a federal bankruptcy judge Tuesday, March 10, 2020, that it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic wildfires in California caused by the nation's largest utility. (AP Photo/Ben Margot, File)
March 10, 2020 - 4:07 pm
SAN FRANCISCO (AP) — Pacific Gas & Electric told a federal bankruptcy judge Tuesday that it has settled a dispute with disaster-relief agencies that threatened to siphon money away from a $13.5 billion fund earmarked for victims of catastrophic wildfires in California caused by the nation's...
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Del. Richard "Rip" Sullivan, D-Arlington, gestures during the House session at the Capitol Thursday, March. 5, 2020, in Richmond, Va. Sullivan is leading the floor debate on the renewable energy bills. (AP Photo/Steve Helber)
March 05, 2020 - 7:15 pm
RICHMOND, Va. (AP) — A sweeping energy bill that supporters said would make Virginia a national leader in addressing climate change passed the state House Thursday amid warnings by critics that it will carry a steep price tag. The legislation, called the Virginia Clean Economy Act, moved to the...
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FILE - In this April 11, 2018 file photo, water moves through a spillway of the Lower Granite Dam on the Snake River near Almota, Wash. Farmers, environmentalists, tribal leaders and public utility officials are eagerly awaiting a federal report due Friday, Feb. 28, 2020, that could decide the fate of four hydroelectric dams on the Snake River. (AP Photo/Nicholas K. Geranios,File)
February 28, 2020 - 2:02 pm
PORTLAND, Ore. (AP) — A long-awaited federal report out Friday rejected the idea of removing four hydroelectric dams on a major Pacific Northwest river in a last-ditch effort to save more than a dozen species of threatened or endangered salmon, saying such a dramatic approach would destabilize the...
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FILE - In a Sept. 21, 2016 file photo, Kevin Marsh, CEO of SCANA Corp., speaks to the media at the V.C. Summer Nuclear Station near Jenkinsville, S.C. The Securities and Exchange Commission sued SCANA Corp., its subsidiary South Carolina Electric & Gas along with the utility's former CEO Kevin Marsh and Executive Vice President Stephen Byrne on Thursday, Feb. 27, 2020. Federal officials say two former executives at a South Carolina utility, former CEO Kevin Marsh and Executive Vice President Stephen Byrne lied repeatedly to regulators and investors about the progress of construction of two nuclear reactors, taking hundreds of millions of dollars out of the pockets of investors and ratepayers. (AP Photo/Chuck Burton, File)
February 27, 2020 - 7:55 pm
COLUMBIA, S.C. (AP) — Two former executives at a South Carolina utility lied repeatedly to regulators and investors about the progress of construction of two nuclear reactors taking more than a billion dollars out of the pockets of investors and ratepayers, federal securities officials said. The...
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February 27, 2020 - 7:43 am
THE HAGUE, Netherlands (AP) — A Dutch consortium announced an ambitious plan Thursday to create “green” hydrogen using power from a huge offshore wind farm that has yet to be built. The “NortH2” proposal by the Dutch arm of energy giant Shell, gas company Gasunie and Groningen Seaports aims to...
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