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, Canada, US  /  No Comments

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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