Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Patti Poppe"


8 mentions found


It's a story increasingly familiar in the energy industry: Some utility companies don't properly assess the risks wildfires pose to their operations. The primary purpose is to prevent power lines from igniting a wildfire during periods of high fire danger. The lawsuit also alleges the company "inexcusably kept their power lines energized during the forecasted high-fire danger conditions." A PG&E utility worker locates a gas main line in the rubble of a home burned down by wildfire in Paradise, California, Nov. 13, 2018. Several of those agencies track statewide wildfire information, but most did not keep track of the names of utility companies associated with wildfire incidents.
Persons: Michelle Glogovac, Glogovac, Laurie Allen, Brent Jones, Allen, Jones, inexcusably, Michael Wara, Shelee Kimura, Yuki Iwamura, David Pomerantz, Pomerantz, Patti Poppe, It's, JOSH EDELSON, Warren Buffett's, Stanford's, CNBC's Brian Sullivan, David Paul Morris, Institute's Pomerantz, Tama Organizations: CNBC, Electric, Energy, Stanford University, Hawaiian Electric, AFP, Getty, Policy, Policy Institute, NV Energy, Warren Buffett's Berkshire Hathaway Energy, Bloomberg, Getty Images Locations: Paradise , California, Lahaina , Hawaii, Hawaii, Maui, Maui County, Lahaina, California, Nevada, Warren, — Arizona, California , Colorado, Hawaii , Montana , Nevada , New Mexico , Oregon , Utah, Washington, Arizona , New Mexico, Utah
But consumer advocacy groups complained, arguing PG&E could save ratepayers money and still reduce wildfire risk by putting a protective covering over the power lines instead of burying them. Commissioners decided to let PG&E bury 1,230 miles (1,979 kilometers) of power lines, which would be $1.7 billion cheaper than PG&E's proposal. For low-income customers who qualify for discounted rates, PG&E said typical monthly bills will increase by $21.50 next year, followed by a $3 per month increase in 2025 before decreasing by $5.50 per month in 2026. The turning point for PG&E came in 2018 when a windstorm knocked down one of its power lines in the Sierra Nevada foothills that started a wildfire. The company has pledged to bury 10,000 miles (16,093 kilometers) of power lines over the next decade.
Persons: , John Reynolds, Patti Poppe, undergrounding powerlines, Gavin Newsom, ratepayers, Darcie Houck, Cheryl Maynard Organizations: Pacific Gas & Electric, California Public Utilities Commission, Reform Network, E, Democratic Gov, & $ Locations: SACRAMENTO, Calif, California, Sierra Nevada
Most of the nation's power lines are above ground because its cheaper to do it that way. But more utilities have been burying power lines in response to bigger and more destructive natural disasters. That fire was started by lightening, not PG&E's power lines, but it is a reminder of the lasting damage that wildfires can cause. The Public Utilities Commission is considering two other plans that would include both burying power lines and using protective coverings. While burying power lines is the most effective way to prevent wildfires, it is not a quick fix.
Persons: , “ We’re, , Patti Poppe, , Gavin Newsom, Poppe, ” Poppe, Critics, Ken Cook, It’s, Matt Baker, ” Baker, we’ve, we’re, Feyla McLeod Organizations: Gas &, California Public Utilities Commission, Gov, Florida Power, Southern California Edison, San Diego Gas &, Associated Press, Environmental, Public Utilities Commission, Reform Network, Office, California, E's, PG Locations: Calif, California, Florida, Southern California, San, Sacramento, San Francisco, Poppe, Paradise, Southern, Northern California
PG&E CEO Patti Poppe goes one-on-one with Jim Cramer
  + stars: | 2023-09-12 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Patti Poppe, PG&E Corporation CEO, joins 'Mad Money' host Jim CramerShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email
Persons: Patti Poppe, Jim Cramer Organizations: E Corporation
Cramer looks at a textbook slowdown stock, PG&E
  + stars: | 2023-02-23 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCramer looks at a textbook slowdown stock, PG&EMad Money host Jim Cramer talks to PG&E CEO Patti Poppe about today's earnings announcement and how the company plans to mitigate fire risk in California.
Organizations: & & '
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPG&E CEO discusses use of technology to reduce wildfire risk and the potential of EV batteriesPG&E CEO Patti Poppe appeared on Wednesday's episode of "Mad Money" with Jim Cramer.
Organizations: & & '
Diablo is the last operating nuclear plant in California. The Biden administration believes nuclear power is critical in curbing climate change and wants to keep plants open ahead of the development of next-generation reactors. Poppe said the plant is also ordering more uranium fuel for the reactor, and dry casks for storing nuclear waste. Some politicians who have been wary of problems associated with nuclear waste have come out in support of the Civil Nuclear Credit program. Holtec International, which in May bought the Palisades nuclear plant in Michigan, said on Friday that DOE rejected its application for funding.
WASHINGTON, Nov 15 (Reuters) - Two companies that have applied for funding to keep struggling nuclear power plants open said they expect to hear from the U.S. Department of Energy by the end of the year. Both power utility PG&E Corp (PCG.N) and Holtec International applied to the first phase of the $6 billion DOE Civil Nuclear Credit program to keep their reactors running. The Biden administration believes nuclear power is essential to fight climate change, but plants are struggling with costs and competition from natural gas plants and renewables. Poppe said PG&E is applying to the Nuclear Regulatory Commission for a license allowing Diablo to continue operating. She said Diablo is also ordering more uranium fuel for the reactor, and dry casks for storing nuclear waste.
Total: 8