PG&E receives $1.1B federal grant to keep Diablo Canyon nuclear plant online

CNN — Nuclear energy in California got a jolt of financial support from the Biden administration on Monday as the US Department of Energy awarded a $1.1 billion grant to Pacific Gas & Electric to help extend the life of its Diablo Canyon Power Plant on the central California coast. The Diablo plant was scheduled … Read more

California regulator proposes PG&E pay $155M fine for 2020 wildfire (NYSE:PCG)

My Photo Buddy/iStock via Getty Images California’s Public Utilities Commission proposed Tuesday that PG&E (NYSE:PCG) pay a $155.4M fine and take other corrective measures for violations related to the 2020 Zogg wildfire that destroyed 200 homes and killed four people. PG&E (PCG) already faces criminal charges in the fire, which state officials said began when … Read more

Regulators propose $155M fine for PG&E for 2020 wildfire

Article content SAN FRANCISCO (AP) — California regulators proposed on Tuesday fining Pacific Gas & Electric more than $155 million for sparking a 2020 wildfire in Northern California that destroyed 200 homes and left four people dead. Article content PG&E already faces criminal charges in the Zogg fire, which state fire officials said began when … Read more