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Title:
An argument for renewables, and for a new utility paradigm
Detail:
In late January 2019, California’s largest investor-owned utility Pacific Gas and Electric (PG&E) declared bankruptcy for the second time, causing anxiety for investors, ratepayers, employees, PPA holders, elected government officials and, lest we forget, fire and gas explosion victims. Judge Alsup, who is overseeing PG&E’s probation from its felony conviction, lambasted the company for violating its probation. “To my mind, there’s a very clear-cut pattern here: that PG&E is starting these fires,” Alsup said. “What do we do? Does the judge just turn a blind eye and say, ‘PG&E continue your business as usual. Kill more people by starting more fires.”
Country:
International
Source:
PV-Magazine
Published Date:
28.04.2019
URL:
View Original URL
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Africa Asia Australia Europe North America Oceania South America
Sectors:
Renewable Energy Construction Energy-Power and Electrical
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