Michael Peevey

Enron-Era Ruling Signals $1.6 Billion California Refunds

California energy regulators said that a preliminary ruling by a U.S. agency may bring as much as $1.6 billion in refunds for consumers harmed during the state’s electricity crisis more than a decade ago.

PG&E Should Pay `Significant Fine' for Pipeline Explosion

PG&E Corp., owner of the state’s largest utility, should pay a “significant fine” for a 2010 natural gas pipeline blast that killed eight people, the head of the California Public Utilities Commission said.

Morgan Lewis, Cravath, Munger Tolles: Business of Law

Morgan Lewis & Bockius LLP hired a Washington team of white collar attorneys formerly of White & Case LLP and led by former acting U.S. Attorney General and Deputy Attorney General George J. Terwilliger III.

PG&E Should Allow Smart Meter Opt-Out, State Regulator Says

PG&E Corp. , owner of California’s largest utility, was ordered by state regulators to propose a way for customers to have the option of not getting a so-called smart meter installed at their homes.

BrightSource Approved for Two of Five California Solar Contracts

California approved today two proposed power-purchase agreements for BrightSource Energy Inc. solar projects and rejected three that regulators said were too expensive.

California to Open Investigation Into San Onofre Later This Year

California regulators will open an investigation into Edison International’s San Onofre nuclear power plant this year.

PG&E, Atmos Energy Benefit From $50 Billion Pipeline Upgrades

U.S. plans to upgrade the nation’s aging pipeline networks, which may cost an estimated $50 billion, will provide profit growth opportunities at regulated utilities such as PG&E Corp. and Sempra Energy.

PG&E Names Cox Interim CEO as Darbee to Depart After San Bruno

PG&E Corp ., owner of California’s largest utility, named a board member, Lee Cox , interim chairman and chief executive officer to replace Peter A. Darbee , who is stepping down after the fatal San Bruno pipeline blast last year and criticism of initiatives such as advanced metering.

Sewer Work May Have Set Off PG&E Pipe Blast

PG&E Corp.’s natural-gas pipeline explosion in San Bruno last year may have been triggered by a sewer replacement project done by the city, an independent panel found.

Obama Draws on Business Expertise in Picking Bryson for Commerce Agency

President Barack Obama named former Edison International Chief Executive Officer John Bryson as his choice for commerce secretary, drawing on business expertise for a job central to his goal of doubling U.S. exports.

"It took a lot of tenacity to achieve this victory before FERC, on behalf of California consumers."

- Michael Peevey on Feb 19, 2013

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Barack Obama

Gilead-Bristol Hepatitis C Drug Combo Cures All in Study

China’s Military Says No Plates for Porsches in Crackdown

China Industrial Profit Growth Slows as Economic Recovery Wanes

Malaysia Arson, Intimidation Cases Mount as Election Draws Near

Mitsubishi UFJ Said to Seek $4 Billion of Morgan Stanley Assets