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Unhappy At A New Job? Ten Questions To Help You Decide Whether To Stay Or Quit Forbes
It is not unheard of, even with a thorough job search, that you end up in the wrong job for you. Do you stay and try to make it work? Or do you quit now, even if …
The post PG&E Seeking $ 14 Billion in Restructuring Plan appeared first on POWER Magazine.
Pacific Gas & Electric (PG&E) reportedly will soon file a restructuring plan that includes more than $ 14 billion in equity commitments, as the utility looks to recover from billions of dollars in liabilities tied to its role in California wildfires that caused the company to file the largest utility bankruptcy in U.S. history.
Bloomberg on September 5 reported that PG&E’s plan, due to be filed September 9, will use a combination of debt and equity to cover the claims from wildfires that state officials determined were caused by the utility’s equipment. PG&E has not provided an estimate for those claims, though Bloomberg reported that the company has assurances from financial groups that it could raise as much as $ 40 billion in debt and equity to cover the wildfire claims and other bankruptcy-related costs.
The report said PG&E’s plan will commit to settling fire claims, continuing current power purchase agreements (PPAs), and exiting bankruptcy without increasing electricity rates.…
5 Things You Should Never Say If You Want A New Job ASAP Forbes
If you frequently find yourself saying one of these five things, you’re sabotaging your possibilities of landing a new job and you’re holding yourself back more …
The power grid is changing across the U.S. More distributed energy resources are being added every day. That brings challenges for power utilities, but also opportunities.
John Di Stasio, president of the Large Public Power Council (LPPC), which represents 27 of the largest locally governed and operated not-for-profit electric systems in the U.S., was a guest on The POWER Podcast and discussed how the changes are affecting his organization’s members.
As large infrastructure developers and asset owners, the LPPC’s members are uniquely affected by certain policies in Washington, D.C. Di Stasio, who previously served as general manager and CEO of the Sacramento Municipal Utility District (SMUD) from June 2008 through April 2014, said his group has been focused on tax, infrastructure, cybersecurity, environmental regulation, electrification, and grid modernization initiatives.
Di Stasio noted that the U.S. power grid was originally designed as a central station system with one-way power flow from generators to consumers. “Now, we’re looking at much more distributed generation potentially, and also the fact that two-way power flow provides some additional opportunities and capabilities for consumers, also some additional complexity,” Di Stasio said.…
Interim Aspen city manager offered permanent job Glenwood Springs Post Independent
Aspen City Council will consider on Tuesday, Sept. 3 an employment contract for Sara Ott to be the new city manager. She currently is interim city manager.
Mexico is preparing to import more U.S. natural gas to supply the country’s gas-fired power plants and industrial facilities after the Mexican government reached a deal that will allow several stalled pipeline projects to be completed.
Mexican President Andres Manuel Lopez-Obrador on Aug. 27 said his administration’s deal with Canadian pipeline operator TC Energy; IEnova, a Mexican subsidiary of San Diego, California–based utility company Sempra Energy; and Mexican construction firm Grupo Carso ends a $ 3 billion stalemate over contracts for a handful of pipelines that will bring natural gas to Mexico from the Eagle Ford Shale of South Texas and the Permian Basin of West Texas.
Grupo Carso is owned by Mexican billionaire Carlos Slim. He said Tuesday that the agreement will give Mexico access to cheap natural gas, some of which can be used to further the development of natural gas-fueled vehicles in Mexico.
“This will allow us to substitute diesel and gasoline, which are not only more expensive but more polluting,” Slim said.…