power lines News

Deadly Storm Buffets N.Y. and East Coast After Lashing South

A powerful storm that unleashed deadly tornadoes across the South is now shaking trees and snapping power lines in New York and other cities along the U.S. East Coast. Rainy gusts of as much as 60 miles (97 kilometers) per …

PG&E Strikes Deal With FEMA Over $3.9 Billion in Fire Claims

PG&E Corp. reached a deal with the U.S. Federal Emergency Management Agency over $3.9 billion in relief Washington provided after the utility’s power lines sparked devastating wildfires. The settlement, which requires court approval, calls for FEMA to reduce its claim …

PG&E Faces Record Fine of $2.1 Billion for Role in Wildfires

California regulators increased penalties against PG&E Corp. to $2.1 billion for violations tied to the catastrophic wildfires ignited by the company’s power lines in 2017 and 2018. The penalty would be the largest ever imposed by the California Public Utilities …

PG&E Tries to Steer Judge Away From Fire Safety Crackdown

PG&E Corp. told a federal judge it opposes his proposals to intervene in the company’s wildfire prevention efforts after it admitted to not fully complying with the terms of its criminal probation. The bankrupt northern California utility’s pushback is a …

PG&E Tries to Assure Strict Judge It’s Safer on Wildfires

PG&E Corp. told a federal judge who has kept the troubled utility under a tight leash that it’s close — but not fully on target — to complying with all the wildfire prevention measures required under its criminal probation. The …

FEMA Defends $4 Billion Claim With PG&E as Fire Victims Cry Foul

The Federal Emergency Management Agency on Monday defended its push to collect $3.9 billion in claims from PG&E Corp. for the relief it provided after the utility’s power lines sparked devastating wildfires. Wildfire victims have been fighting the payments to …

Financial Tug-of-War Emerges over Fire Victims’ Settlement

SAN FRANCISCO — A financial tug-of-war is emerging over the $13.5 billion that the nation’s largest utility has agreed to pay to victims of recent California wildfires, as government agencies jockey for more than half the money to cover the …

PG&E, Newsom Clash Over a Clause That May Allow State Takeover

A clause that would allow California to take over bankrupt utility giant PG&E Corp. under certain circumstances has emerged as a big sticking point in negotiations between the company and Governor Gavin Newsom. Newsom wants the power company to include …

PG&E Plunges as It Races to Meet Governor Bankruptcy Demand

PG&E Corp. shares plummeted after California Governor Gavin Newsom rejected its bankruptcy restructuring plan, forcing the company to make sweeping changes to meet his demands. The state’s largest power company has until Tuesday to address conditions that Newsom laid out …

PG&E Is Near $13.5 Billion Deal With Wildfire Victims

PG&E Corp. is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, a key step toward resolving the biggest utility bankruptcy in U.S. history, according to people familiar with the matter. …