PG&E Corporation - PCG STOCK NEWS

The California Independent System Operator is closely monitoring electricity demand due to high temperatures in California. Pacific Gas and Electric (PG&E) has been directed to prepare for potential rotating power outages if demand exceeds supply. To avert outages, PG&E is urging customers to conserve energy until 9 p.m. today. Approximately 525,277 customers have been notified about possible outages. PG&E has activated its Emergency Operations Center and is mobilizing resources to tackle heat-related outages, which may occur if equipment fails under stress from prolonged high temperatures.

Pacific Gas and Electric Company (NYSE:PCG) is bracing for potential heat-related power outages as California faces record-high temperatures. With a Flex Alert issued for September 6, the state’s electricity demand may peak at 50,087 MW, nearing the 2006 record of 50,270 MW. PG&E is mobilizing resources to handle outages and promotes customer participation in energy-saving programs like the Power Saver Rewards Program, rewarding customers $2 per kWh saved. The company urges residents to conserve energy, particularly from 4 p.m. to 9 p.m., to alleviate pressure on the grid.

Pacific Gas and Electric Company (PG&E) is preparing for potential power outages as a major heatwave affects California, prompting the California Independent System Operator (CAISO) to issue a Flex Alert from 4 p.m. to 9 p.m. on multiple days. The expected peak electricity demand is forecasted at 50,087 megawatts, nearing a 2006 record. PG&E has mobilized crews and launched energy-saving programs like the Power Saver Rewards Program, rewarding customers for reducing energy use during peak times. Customers are encouraged to prepare for outages and conserve energy.

Pacific Gas and Electric Company (PG&E) is asking customers to conserve energy today from 4 p.m. to 9 p.m. as temperatures rise 10-20 degrees above normal, increasing electricity demand. The California Independent System Operator (CAISO) has issued a Flex Alert to maintain grid reliability. Customers can participate in energy-saving actions, including adjusting thermostats and avoiding major appliance use during the alert. PG&E offers rewards for conservation through its Power Saver Rewards Program, compensating $2 per kWh saved. The company monitors conditions but does not anticipate a Public Safety Power Shutoff.

California Governor Gavin Newsom signed Senate Bill 846, allowing Diablo Canyon Power Plant (DCPP) to extend operations five years beyond its 2025 license expiration. This extension aims to enhance energy reliability and decrease greenhouse gas emissions as new renewable resources come online. PG&E will seek necessary NRC approvals and a state-authorized loan of up to $1.4 billion to support the operation. Currently, DCPP generates 2,200 megawatts, providing about 17% of California's zero-carbon electricity supply.

The California Independent System Operator (CAISO) has issued a third consecutive Flex Alert for energy conservation today from 4 p.m. to 9 p.m. due to rising temperatures and increased energy demand. Customers are encouraged to pre-cool spaces and avoid using major appliances. PG&E's Power Saver Rewards Program will reward participants with $2 for each kilowatt-hour saved during this period. Over 1.5 million PG&E customers are enrolled in energy-saving programs, which include collaboration with Tesla for a virtual power plant initiative.

Pacific Gas and Electric Company (PG&E) has launched a Power Saver Rewards Program that incentivizes customers to reduce electricity usage during state-called Flex Alerts. Customers can earn $2 per kilowatt-hour saved, with over 1.5 million already enrolled. A Flex Alert was issued for September 1, from 4 p.m. to 9 p.m., due to high energy demand caused by extreme temperatures. The program aims to alleviate pressure on the energy grid and prevent rotating power outages.

Pacific Gas and Electric Company (NYSE: PCG) is offering energy-saving tips in response to an incoming heat wave expected to affect Northern and Central California starting September 1. Customers can reduce energy costs by setting thermostats to 78 degrees or higher and using alternative cooking methods. PG&E also encourages participation in its Power Saver Rewards program, allowing customers to earn money by saving energy during peak demand. The company is monitoring grid conditions and preparing resources to manage potential outages.

Pacific Gas and Electric Company (PG&E) and its foundation have awarded $730,000 in wildfire safety grants to 66 organizations across California. These grants aim to enhance disaster preparedness by funding protective equipment for firefighters and fire safety initiatives. This funding is part of a larger $1.4 million investment in the Wildfire Safety and Preparedness Program (WSPP), which has provided a total of $6 million since its inception. The program focuses on education and resource allocation to high-risk communities.