PG&E Update: Diablo Canyon Cost More Than Doubles as Market Revenue Falls Short

Happy Friday. Here's a look at several PG&E-centric items that are currently on our radar.

• A CPUC proposed decision, if adopted, would raise the amount customers pay to keep Diablo Canyon running in 2027, largely because PG&E expects less revenue from selling the plant’s power.
• In two new filings, PG&E seeks to recover the cost of overhauling its business and mapping systems and asks for a shareholder award tied to gas procurement savings.
• In Phase II of PG&E's General Rate Case, parties reached a deal in principle on community choice and direct access issues, while the allocation of wildfire mitigation costs remains in dispute.