Latest Energy and utilities regulation News

PG&E: Judge's proposals for fire risk could cost up to $150B

Jan. 23, 2019 8:49 PM EST

SAN FRANCISCO (AP) — Proposals by a U.S. judge to prevent Pacific Gas & Electric Co. equipment from causing more wildfires would endanger lives, could cost as much as $150 billion and would interfere with the work of federal and state regulators, the utility said Wednesday in a court filing urging the...

US panel hears arguments in nuclear waste storage case

Jan. 23, 2019 6:19 PM EST

ALBUQUERQUE, N.M. (AP) — Environmentalists and nuclear watchdog groups raised dozens of objections Wednesday to an application filed by a New Jersey-based company seeking to build a multibillion-dollar facility in southeastern New Mexico to temporarily store spent nuclear fuel from commercial reactors...

The Latest: PG&E objects to judge's proposals on fire risk

Jan. 23, 2019 3:57 PM EST

SAN FRANCISCO (AP) — The Latest on proposals by a U.S. judge aimed at preventing Pacific Gas & Electric Co. equipment from causing any wildfires in 2019 (all times local): 12:45 p.m. Pacific Gas & Electric Co. says a judge's proposal to prevent the utility's equipment from causing any wildfires in...

Natural gas fields give Israel a regional political boost

Jan. 23, 2019 2:48 AM EST

JERUSALEM (AP) — A decade after discovering natural gas fields off its Mediterranean coast, Israel is starting to feel the geopolitical boost. Its newfound riches have fostered economic bonds with its neighbors, tightening relations with Arab allies, and built new bridges in a historically hostile region...

Erin Brockovich urges California to stop PG&E bankruptcy

Jan. 22, 2019 8:35 PM EST

SACRAMENTO, Calif. (AP) — Consumer activist Erin Brockovich, who famously took on Pacific Gas & Electric Co. in the 1990s, urged California lawmakers Tuesday not to let the utility go bankrupt because it could mean less money for wildfire victims. "I'm mad, I think we should all be mad," Brockovich...

PG&E secures $5.5B in credit to operate during bankruptcy

Jan. 22, 2019 4:07 PM EST

NEW YORK (AP) — The nation's largest utility has lined up $5.5 billion in credit and loans so it can continue operating as it prepares for bankruptcy. Pacific Gas & Electric said in a regulatory filing Tuesday it secured commitments from JPMorgan Chase, Bank of America, Barclay's Bank and Citigroup...

Virginia investor tries to curb Dominion's influence

Jan. 20, 2019 11:34 AM EST

CHARLOTTESVILLE, Va. (AP) — Rich people using their wealth to try to influence politics is nothing new, but not many launch multimillion-dollar crusades against their local electric company. That's just what Charlottesville investor and Democratic donor Michael Bills is doing in Virginia, where's he's...

North Dakota leaders unveil oil tax-sharing deal with tribe

Jan. 17, 2019 6:55 PM EST

BISMARCK, N.D. (AP) — North Dakota Republican legislative leaders unveiled a bill Thursday that aims to stop a longstanding disagreement over shared revenues on an oil-rich American Indian reservation in the state. The bill sponsored by GOP Sen. Jordan Kannianen and the party's Senate and House majority...

Democrats hit Trump EPA nominee on coal lobbying, rollbacks

Jan. 16, 2019 5:24 PM EST

WASHINGTON (AP) — President Donald Trump's nominee to lead the Environmental Protection Agency on Wednesday called climate change "a huge issue" but not the "greatest crisis" and drew fire from Democrats at his confirmation hearing over the regulatory rollbacks he's made in six months as the agency's...

PG&E bankruptcy could mean price hikes, unpaid fire lawsuits

Jan. 15, 2019 8:51 PM EST

SACRAMENTO, Calif. (AP) — Pacific Gas & Electric Co. said this week it will file for bankruptcy, raising concern that rates for electricity and gas will rise and victims of California wildfires who are suing the nation's largest utility won't get all the money they may be owed. Here are some key things...