PG&E Corp. News

California Braces for Most Dangerous Fire Weather of 2020

California is bracing for the most powerful gusts of the 2020 fire season, raising the threat of more blazes and blackouts in a region that’s already seen a record 4.1 million acres scorched this year. A storm coming off the …

PG&E Prioritized Targets Over Reducing Fire Risk, Monitor Says

PG&E Corp. prioritized meeting inspection targets over meaningful reduction of wildfire risk, according to a monitor overseeing the utility’s program of trimming trees and vegetation that pose a threat of igniting devastating blazes in California. Among the court-appointed compliance monitor’s …

California Braces for Renewed Fire Threat From Windy Weather

SAN FRANCISCO — Dry, windy weather posed an extreme wildfire risk Wednesday in Northern California, where massive blazes already have destroyed hundreds of homes and killed or injured dozens of people. The National Weather Service issued a red-flag warning for …

Fire in California Wine Country Expands as Thousands Flee

A wildfire ripping through Northern California’s wine country has more than tripled in size, forcing thousands of evacuations and endangering properties in a region devastated by blazes just three years ago. The Glass Fire north of San Francisco reached more …

Fire-Related Power Cuts Spread Outside California for First Time

It’s no longer just California shutting off power in high-risk fire zones. Oregon’s Portland General Electric Co. on Monday temporarily turned off power for about 5,000 customers near Mt. Hood, as California utility giant PG&E Corp. did the same in …

Power the WiFi or the Fan? California Fires and Blackouts Test Home Offices

Silicon Valley workers previously enjoyed some of the most well-appointed offices in corporate America. Lunch was free, dry-cleaning was on site and the internet was lightning fast. Now that those workers have settled into their less glamorous home offices, they’re …

Baupost Collects $3 Billion Wagering on PG&E’s Wildfire Claims

Baupost Group, the hedge fund run by Seth Klarman, received more than $3 billion in July from its bet on insurance claims against PG&E Corp. connected to a series of deadly California wildfires, according to people with knowledge of the …

PG&E Fire Insurance Costs Skyrocket After Bankruptcy, Fires

PG&E Corp. is finding it very costly to buy fire insurance after wildfires triggered by its power lines sent the company into bankruptcy and left it paying $25.5 billion for claims. It’s hoping customers will foot the bill. The San …

PG&E’s Power Lines Caused Biggest California Fire of 2019

Less than a month after emerging from bankruptcy triggered by a string of devastating wildfires in 2017 and 2018, PG&E Corp. has now been found responsible for California’s biggest blaze of 2019. The California energy giant’s power lines sparked the …

California Homeowners Are Doomed to Repeat Their Past Mistakes

On Oct. 8, 2017, sparks from private electric equipment set fire to the dry hills of Northern California’s wine country, but it was only once the flames jumped from the grasslands to densely packed Santa Rosa that the destruction intensified. …