PG&E Vows to Reduce Scope of Blackouts During Fire Season

(Bloomberg) — PG&E Corp. said it aims to shrink the breadth and duration of intentional blackouts during California’s wildfire season after enduring widespread criticism of its aggressive shutoffs last autumn.The bankrupt company wants to reduce the average geographic reach of deliberate blackouts by one-third and will try to restore power to affected areas 12 daylight hours after unsafe conditions pass. The goals are part of a broader wildfire safety plan that California’s largest utility filed with state regulators Friday.PG&E, forced into bankruptcy after its equipment was blamed for sparking deadly wildfires, took the extreme measure of widespread shutoffs last year …read more

Source:: Yahoo Finance

Discover Tomorrow’s Winning Stocks!
Get our latest stock reports before everyone else! Actionable news, and breakout stocks w multi-bagger upside potential — delivered directly to your inbox.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.