Edison International faces a regulatory battle over who will pay for about $3.4 billion of costs related to the decision to retire the San Onofre nuclear plant amid a record number of U.S. nuclear closures.
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 & 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.
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.
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 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.