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Environment & Energy Report

California to Examine PG&E Corporate Structure After Deadly Fire

Nov. 29, 2018, 7:42 PM

California’s top energy regulator is planning to examine PG&E Corp.’s corporate structure and governance, with an eye toward determining if the state’s biggest utility owner should be broken up.

“Is there a different model to ensure that we have safe and reliable electric service?” California Public Utilities Commission President Michael Picker said during a meeting Nov. 29. “If we have a better option to achieve these goals, we have to consider it. ”

Picker emphasized that he’s just asking questions now, and hasn’t drawn any firm conclusions.

The comments came as the commission voted to order PG&E to adopt recommendations...

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