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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

☆ Norwegian dam collapses after days of heavy rain
▼ + stars: | 2023-08-09 | by ( Jeremy Schultz | ) www.reuters.com time to read: 1 min

A view shows the Braskereidfoss power plant as water flows over after a lock, in Braskereidfoss, Norway, August 9. The Braskereidfoss power dam on the Glomma River, Norway's biggest waterway, had been unable to open its hatches after its control room...moreA view shows the Braskereidfoss power plant as water flows over after a lock, in Braskereidfoss, Norway, August 9. The Braskereidfoss power dam on the Glomma River, Norway's biggest waterway, had been unable to open its hatches after its control room flooded. Water appeared to be flowing through it in a controlled manner following the breach, utility Hafslund said in a statement. NTB/Cornelius PoppeClose

Persons: Hafslund, NTB, Cornelius Poppe Locations: Braskereidfoss, Norway

☆ Norway evacuates thousands from worst floods in decades
▼ + stars: | 2023-08-09 | by ( ) www.reuters.com time to read: +1 min

A person walks in mud after extreme weather Hans hit Valdres, near Oslo, Norway August 8, 2023. NTB/Cornelius Poppe via REUTERSOSLO, Aug 9 (Reuters) - Norway evacuated thousands of people as rivers swelled to their highest levels in at least 50 years on Wednesday and homes and businesses were submerged or swept away by landslides. Innlandet county, one of Norway's worst hit areas, said many people were isolated by the floods and that first responders may not be able to reach those in need. On Monday, a Swedish train derailed when a railway embankment was washed away by floods, injuring three people. Authorities in Norway and Sweden maintained red alerts, their most severe flood warnings, for several regions on Wednesday.

Persons: Hans, Valdres, NTB, Cornelius Poppe, Terje Solsvik, Alexandra Hudson Organizations: REUTERS, Hove, TV2, Authorities, Alexandra Hudson Our, Thomson Locations: Oslo, Norway, REUTERS OSLO, Innlandet, Nordic, Finland, Sweden, Swedish

☆ Storm continues to sweep over the Nordics, causing landslides
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +1 min

[1/4] A view shows damaged residential buildings in the aftermath of Storm Hans in Valdres, near Oslo, Norway August 8, 2023. NTB/Cornelius Poppe via REUTERSSTOCKHOLM, Aug 8 (Reuters) - Norwegian emergency services evacuated hundreds of people in various locations on Tuesday, the second day that heavy rains caused landslides, with the risk of more, as a storm sweeps over the Nordics. Strong winds, intense rain and landslides hit parts of the Nordic region, knocking out power lines, flooding villages and bringing public transport to a standstill in the worst-affected areas. The storm, which has been called "Hans," hit Sweden late on Sunday and reached Norway on Monday, with parts of Denmark and Finland also affected. In southern Norway, floods and landslides blocked roads and halted key train services.

Persons: Storm Hans, NTB, Cornelius Poppe, Hans, Marie Mannes, Leslie Adler Organizations: REUTERS, Thomson Locations: Valdres, Oslo, Norway, REUTERS STOCKHOLM, Nordic, Sweden, Denmark, Finland, Hemsedal, Swedish

☆ 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: & & '

☆ PG&E CEO discusses use of technology to reduce wildfire risk and the potential of EV batteries
▼ + stars: | 2022-12-21 | by ( ) www.cnbc.com time to read: 1 min

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: & & '

☆ U.S. grants $1.1 bln to keep Diablo Canyon nuclear plant open
▼ + stars: | 2022-11-21 | by ( Timothy Gardner | ) www.reuters.com time to read: +4 min

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.

☆ U.S. nuclear plants expect government decision on credits by year-end
▼ + stars: | 2022-11-15 | by ( ) www.reuters.com time to read: +2 min

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.

☆ Europe has enough energy to survive the winter. Next year might be different
▼ + stars: | 2022-10-13 | by ( Anna Cooban | ) edition.cnn.com time to read: +8 min

Cornelius Poppe/NTB/AFP/Getty ImagesBut success has come at a heavy cost to the economy: the scramble for alternative sources has sent energy prices soaring. Alexei Miller, CEO of Russian state energy giant Gazprom, said on Wednesday that there was “no guarantee” that Europe would survive the winter with its current reserves. “Adopting policies that prevent the pass-through of high energy prices to consumers is an expensive gamble that is doomed to fail if wholesale energy prices will stay high in the future,” he added. Carlos Torres Diaz, head of power analysis at Rystad Energy, told CNN business that Europe’s energy transition “has been put on hold” as it prioritizes energy security. “These sources of energy also help reduce the dependency on energy imports,” Torres Diaz added.

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