Americas > Compliance Markets & Taxes > California’s PG&E willing to explore splitting gas, electric businesses

California’s PG&E willing to explore splitting gas, electric businesses

Published 23:12 on February 21, 2019 / Last updated at 00:47 on February 22, 2019 / / Americas (Compliance Markets & Taxes, US & Canada)

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Pacific Gas & Electric (PG&E) would be willing to explore splitting its natural gas and electricity businesses into separate companies to mitigate potential risks, the company said in a California Public Utilities Commission (CPUC) filing, a move that would likely force the state to alter its regulations and may prompt changes to the utility's carbon allowance allocation.
Pacific Gas & Electric (PG&E) would be willing to explore splitting its natural gas and electricity businesses into separate companies to mitigate potential risks, the company said in a California Public Utilities Commission (CPUC) filing, a move that would likely force the state to alter its regulations and may prompt changes to the utility's carbon allowance allocation.


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