Californian utility PG&E shuts power for customers over wildfire risks

investing.com 30/09/2024 - 20:09 PM

PG&E Cuts Power for Precautionary Measures

(Reuters) – U.S. utility firm PG&E (NYSE:PCG) Corp announced on Monday that it has cut power to over 9,000 customers in northern California due to elevated wildfire risks from high winds.

The company is closely monitoring weather conditions across its service areas in California, where several parts are anticipated to experience gusty winds, high temperatures, and low humidity levels.

PG&E has initiated a “public safety power shutoff (PSPS)”, disconnecting power for homes and businesses in the Sacramento Valley and nearby foothills, as detailed on their website.

Earlier, the company indicated that the PSPS could affect more than 12,000 customers across eleven counties and two tribal areas.

Based in Oakland, California, PG&E has been associated with significant wildfires in the state, such as the 2020 Zogg Fire and the 2021 Dixie Fire, which stands as the state’s second-largest wildfire.




Comments (0)

    Greed and Fear Index

    Note: The data is for reference only.

    index illustration

    Fear

    34