Pacific Gas and Electric Company

American utility company

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December 2024 Department of Energy offers PG&E a $15 billion loan to expand hydropower generation, upgrade transmission capacity, and enable virtual power plants.
January 2022 PG&E scheduled a final cash payment to complete its settlement obligations to wildfire victims.
January 4 2022 CalFire officially determined that the Dixie Fire was caused by a tree contacting PG&E's electrical distribution lines located west of Cresta Dam. The investigative report was forwarded to the Butte County District Attorney's office, which had previously prosecuted PG&E in 2018 for the Camp Fire.
2021 PG&E announced a new technological strategy using machine learning models to improve predictive capabilities for fire spread and Public Safety Power Shutoff (PSPS) decision-making.
2021 California fined PG&E $106 million for insufficient public communication during 2019 PSPS executions.
July 2021 PG&E announced a plan to bury an additional 10,000 miles of distribution lines over the next 10 years to reduce wildland fire risks, with the project estimated to cost about $40 billion.
March 2021 Investigations concluded that the Zogg Fire began when a grey pine tree, which had been potentially identified for removal after the 2018 Carr Fire but was not removed, fell on Pacific Gas and Electric Company (PG&E) power lines.
January 2021 PG&E scheduled a cash payment as part of its settlement obligations to wildfire victims.
January 4 2021 Patti Poppe becomes CEO of PG&E Corporation after leaving CMS Energy.
October 13 2020 Zogg Fire fully contained after burning 56,338 acres, destroying 204 buildings, killing four people, and devastating the communities of Igo and Ono.
September 27 2020 Zogg Fire first reported in southwestern Shasta County and northwestern Tehama County, California. The fire started at Zogg Mine Road and Jenny Bird Lane, initiating a devastating wildfire season.
August 2020 PG&E settled a civil lawsuit for 32 of the 36 victims who died in the Ghost Ship fire, with the settlement amount kept confidential but limited to the company's 2016 insurance coverage.
July 16 2020 Cal Fire officially reported that PG&E transmission lines caused the Kincade Fire, which would not be covered by the company's bankruptcy settlement for wildfire victims.
July 1 2020 PG&E established the Fire Victim Trust (FVT) with $5.4 billion in cash and 22.19% stock, covering most of its settlement obligations for wildfire victims.
June 2020 PG&E announced a 12-month R&D effort with Socalgas and Twelve to convert raw biogas into carbon-neutral methane, exploring renewable energy fuel generation from landfills, sewage, and dairy farms.
June 20 2020 U.S. Bankruptcy Judge Dennis Montali issued final approval for PG&E to exit bankruptcy, successfully completing their restructuring plan.
June 16 2020 PG&E pleads guilty to 84 counts of involuntary manslaughter for deaths in the Camp Fire, paying the maximum fine of $3.5 million.
2019 Planned conclusion of decommissioning activities for Humboldt Bay Power Plant, Unit 3.
2019 PG&E estimated the cost of converting all overhead distribution lines to underground lines would be $240 billion, which equates to $15,000 per customer.
December 9 2019 PG&E's Restructuring Support Agreement was finalized, superseding the Tubbs Fire court case and accepting liability for the fire through the bankruptcy reorganization plan.
December 6 2019 PG&E proposes to settle wildfire victim claims for $13.5 billion, covering liability for the Camp Fire, Tubbs Fire, Butte Fire, Ghost Ship warehouse fire, and 2017 North Bay Fires.
November 12 2019 PG&E proposes an additional $6.6 billion for wildfire victim claims, bringing the total to $13.5 billion.
November 6 2019 Kincade Fire was fully contained after burning for approximately two weeks, becoming the largest wildfire of the 2019 California wildfire season.
October 2019 PG&E began widespread power shutoffs across many regions as a preemptive measure to prevent wildfires caused by electric lines, affecting over 2 million of its 16 million served customers.
October 23 2019 Kincade Fire started at 9:24 p.m. northeast of Geyserville in The Geysers, threatening over 90,000 structures and causing widespread evacuations in Sonoma County and parts of Lake County.
September 2019 PG&E settles $11 billion with insurance carriers and hedge funds.
August 16 2019 Judge Montali ruled that the Tubbs Fire trial could proceed 'on a parallel track', which caused PG&E's stock price to sink by 25%.
August 14 2019 U.S. Bankruptcy Judge Dennis Montali presided over a hearing for Tubbs Fire victims, who sought a fast-track state civil trial to determine PG&E's fault.
July 2019 A new $21 billion wildfire trust fund was created to pay for future wildfire damages, with an equal 50-50 contribution from the utility and customers, and modified liability rules requiring customers to prove negligence before holding utilities accountable.
June 2019 PG&E settles $1 billion with state and local governments.
June 8 2019 PG&E implemented Public Safety Power Shutoffs on June 8 and 9.
May 2019 PG&E filed a motion to amend its wildfire prevention plan, seeking to extend some deadlines.
April 2019 PG&E announces a new CEO and management team led by Bill Johnson, former head of Progress Energy Inc and the Tennessee Valley Authority.
February 2019 PG&E submitted its Wildfire Safety Plan to the California Public Utilities Commission to prevent wildfires caused by electrical equipment.
January 29 2019 PG&E Corporation officially files for bankruptcy protection.
January 24 2019 Cal Fire released investigation results that initially seemed to clear PG&E of responsibility for the Tubbs Fire, causing the company's stock price to jump dramatically.
January 15 2019 PG&E states it will not make a semiannual interest payment of $21.6 million on its outstanding Senior Notes, triggering a 30-day grace period.
January 14 2019 PG&E announced its filing for Chapter 11 bankruptcy in response to liability for the 2017 and 2018 wildfires in Northern California.
2018 Nick Stavropoulos, PG&E's COO and president, announced his retirement following the CPUC investigation.
2018 PG&E was fined $110 million by the State of California for its systemic safety violations and record falsification.
2018 PG&E continued to face substantial wildfire liability, adding to the $30 billion total damages from fires in this and the previous year, ultimately leading to bankruptcy proceedings.
2018 PG&E implemented a 'Corrective Action Plan' and fired several employees in response to the CPUC investigation.
December 2018 A CPUC report revealed PG&E failed to locate and mark gas pipelines in a timely manner between 2012 and 2017. The company was fined $110 million for these legal violations, with management potentially misrepresenting tens of thousands of late tickets as completed on time.
November 2018 Multiple victims sued PG&E and its parent company in San Francisco County Superior Court over the Camp Fire, which destroyed over 18,000 buildings and 14,000 homes, particularly devastating the town of Paradise, California.
November 8 2018 A power failure on a transmission line occurred 15 minutes before the Camp Fire was first reported, with investigations revealing a broken hook potentially causing an electrical arc that ignited the wildfire.
October 14 2018 PG&E conducted its first Public Safety Power Shutoff (PSPS), which lasted until October 16th for the majority of customers.
July 2018 CPUC issued Resolution ESRB-8, supporting de-energization as a wildfire risk mitigation strategy and establishing notification, mitigation, and reporting requirements for Public Safety Power Shutoffs (PSPS).
2017 PG&E announced that 80% of its delivered electricity comes from greenhouse gas-free sources, with 33% from renewable sources, meeting California's 2020 renewable energy goal nearly three years early.
2017 Pacific Gas and Electric Company (PG&E) incurred significant wildfire liability, contributing to approximately $30 billion in damages from wildfires occurring in this year.
2017 Multiple lawsuits were filed in Contra Costa County Court by Save Lafayette Trees, challenging PG&E's tree removal practices and alleging insufficient environmental review and public notice.

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