Texas Floods Kill Two, More Storms Forecast for Overnight July 17, 2026 By Emily Forgash and Mark Chediak Mandatory evacuations across the Texas Hill Country are underway as life-threatening flash floods wreck bridges and roads with more heavy...
AI Bumps Power Cost 60% as Mega US Grid Fails to Hit Supply Goal July 15, 2026 By John Ainger and Mark Chediak Power-hungry data centers have increased supply costs for the largest US electric grid by more than 60%, the system watchdog...
NextEra to Buy Dominion for $67 Billion to Form Power Giant May 19, 2026 By Josh Saul and Mark Chediak NextEra Energy Inc. agreed to pay about $67 billion in stock for Dominion Energy Inc. in the biggest power acquisition...
Governor ‘Not Convinced’ California Wants to Take Over PG&E February 4, 2026 By Mark Chediak California Gov. Gavin Newsom said he doesn’t see the state having the appetite to take over PG&E Corp., which has...
California Cuts PG&E’s and Edison’s Profits for Grid Investments December 19, 2025 By Mark Chediak and Michelle Ma California regulators reduced the profit that utilities are allowed to make on infrastructure investments in an effort to rein in...
Trump Ban on Wind Energy Projects Ruled Illegal by Federal Judge December 9, 2025 By Mark Chediak and Ari Natter Less than a year after President Donald Trump banned new wind projects, a federal judge ruled the president’s executive order...
Fire Fund Helps Raise PG&E to Investment Grade Six Years After Bankruptcy September 26, 2025 By Mark Chediak and Ethan M Steinberg PG&E Corp., which filed for bankruptcy in 2019 following devastating blazes, was upgraded to investment grade by Fitch Ratings after...
Trump Files to Cancel Approval of Maryland Offshore Wind Farm September 15, 2025 By Mark Chediak The Trump administration asked a federal court to cancel the approval of a $6 billion wind project planned off the...
Newsom Seeks $18B for Utilities’ Wildfire Fund as California Faces Future Blazes July 31, 2025 By Eliyahu Kamisher and Mark Chediak California Gov. Gavin Newsom is circulating a legislative proposal to shore up a state fund for utilities that’s at risk...
Wall Street Backs LA Wildfire Lawsuits, Chasing Billions June 30, 2025 By Jef Feeley, Mark Chediak, Katherine Doherty and Emily R. Siegel The Los Angeles wildfires have generated potentially thousands of new clients for lawyers and prospects for billions in fees. Wall...