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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