• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    Wildfire Prevention Today and Tomorrow: PG&E Shares 2025 Wildfire Season Readiness Update, Showcases Local XPRIZE Wildfire Competitors

    6/6/25 2:58:00 PM ET
    $PCG
    Power Generation
    Utilities
    Get the next $PCG alert in real time by email

    PG&E's Layers of Protection Are Working, Prevented a Major Wildfire in 2023 and 2024

    SAN RAMON, Calif., June 6, 2025 /PRNewswire/ -- Using artificial intelligence (AI) and machine learning to monitor wildfire conditions and deploying proven layers of wildfire protection to prevent wildfires, Pacific Gas and Electric Company (PG&E) shared its readiness ahead of peak wildfire season. These layers of protection helped prevent a major wildfire in 2023 and 2024.

    Pacific Gas and Electric Company (PRNewsfoto/Pacific Gas and Electric Company)

    Today, at PG&E's Applied Technology Services lab, the company's research and development facility, PG&E shared details about how the layers of protection are applied throughout PG&E's service area to prevent wildfires. PG&E was joined by representatives of XPRIZE Wildfire and two local teams – Ember Guard and Rain – who bring AI power and autonomous firefighting to the competition. PG&E is a proud sponsor of XPRIZE Wildfire and its work to build a pipeline of new technologies that support advanced wildfire mitigation, detection and response.

    Today's Wildfire Resilience from Layers of Protection

    • Undergrounding Powerlines in high fire-risk areas to permanently eliminate ignition risk. PG&E has undergrounded approximately 915 miles of powerlines since 2021 and plans to have nearly 1,600 total miles of powerlines underground by the end of 2026.
    • Overhead System Upgrades include the installation of strengthened power poles and covered powerlines. This work reduces wildfire ignition risk by nearly 67% once completed. PG&E has completed more than 1,430 miles of overhead system upgrades since 2018 and plans to complete nearly 1,900 total miles of system upgrades by the end of 2026.
    • Situational Awareness Improvements including the deployment of a state-wide network of nearly 1,600 weather stations, of which 1,400 are artificial intelligence (AI) and machine learning enabled, and more than 650 high-definition wildfire cameras. The AI enabled cameras process data and provide automated wildfire notifications.
    • Enhanced Powerline Safety Settings (EPSS) automatically turn off power within one-tenth of a second, or faster, if a wildfire hazard is detected. These settings protect 1.8 million PG&E customers in areas with elevated or extreme wildfire risk. In 2024, these settings contributed to more than a 65% reduction in reportable ignitions, compared to the 2018-2020 average. More than half of customers protected by EPSS did not experience a power outage while EPSS was enabled in 2024, and the average duration of outages on an EPSS-enabled circuit decreased 17% from the prior two-year average.
    • Vegetation Management programs continue to evolve using a data-driven, risk-informed approach to help reduce both outages and potential ignitions caused by vegetation contacting PG&E's equipment. Over the past five years, PG&E has inspected, trimmed or removed over 960,000 trees and other types of vegetation in our service area.
    • Drone inspections that more efficiently provide a bird's eye view of assets from the ground and air.
    • Public Safety Power Shutoffs are a last resort during extreme weather conditions to reduce the risk of catastrophic fire. PG&E's experienced meteorologists use cutting-edge weather models to forecast wildfire risk at a granular level to determine the transmission and distribution circuits that will get de-energized.

    "Rather than being reactive to conditions, our wildfire work proactively protects and prevents wildfire. We're keeping our system safe while we build resilience for the future. This work is essential in light of extreme weather and extended wildfire seasons," said PG&E Wildfire Mitigation Vice President Andy Abranches.

    Tomorrow's XPRIZE Goal: Detect Earlier, Extinguish Faster

    As wildfire conditions are dynamic from year to year, PG&E is committed to supporting a pipeline of new research, development and innovation to address climate-driven wildfire challenges. PG&E today joined XPRIZE Wildfire and two local teams participating in the four-year, $11 million competition to accelerate the speed of detection and suppression of destructive wildfires.

    XPRIZE Wildfire encourages teams from around the world to innovate around a wide range of firefighting technologies across two complementary tracks designed to transform how potentially catastrophic fires are detected, managed and suppressed. PG&E is the co-title sponsor of XPRIZE Wildfire along with the Gordon and Betty Moore Foundation.

    "For 30 years, XPRIZE has spurred innovation to address the world's most pressing challenges. In 2023, we launched XPRIZE Wildfire with a goal to end destructive wildfires," said XPRIZE Wildfire Program Director Andrea Santy. "Today, we have an incredible global cohort of dozens of teams making monumental strides towards developing solutions to reach this audacious goal."

    One of the Bay Area teams showcased at the event was Palo Alto-based Ember Guard, a cross-disciplinary team led by Ahvish Roy, founder of ARX, and supported by Sangram Ganguly, Chief Technology Officer of Rhombus Power. It uses deep learning along with AI to produce a scalable cloud-based high-resolution wildfire model that forecasts the likely propagation and intensity of a wildfire so that firefighters can prioritize their limited resources

    Also participating was Alameda-based Rain, which recently showcased autonomous wildfire suppression technology in California. A Black Hawk helicopter equipped with wildfire mission autonomy from Rain and MATRIX™ autonomy technology from Sikorsky, a Lockheed Martin company, conducted a demonstration of a wide range of wildfire response missions and tasks, including finding and suppressing early-state wildfires, all commanded via tablet. Rain is a participant in the Electric Program Investment Charge program, a research and development project.

    Learn more about PG&E's wildfire safety efforts at pge.com/wildfiresafety. 

    About PG&E

    Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/wildfire-prevention-today-and-tomorrow-pge-shares-2025-wildfire-season-readiness-update-showcases-local-xprize-wildfire-competitors-302475614.html

    SOURCE Pacific Gas and Electric Company

    Get the next $PCG alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $PCG

    DatePrice TargetRatingAnalyst
    3/19/2025$22.00 → $19.00Buy → Neutral
    UBS
    2/18/2025Buy → Neutral
    Guggenheim
    2/14/2025$20.00 → $16.50Equal-Weight → Underweight
    Morgan Stanley
    2/12/2025Overweight
    Analyst
    1/13/2025$21.00Outperform
    BMO Capital Markets
    10/14/2024$24.00Buy
    Jefferies
    9/12/2024$24.00Buy
    BofA Securities
    6/10/2024$19.00 → $22.00Neutral → Overweight
    JP Morgan
    More analyst ratings

    $PCG
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Wildfire Prevention Today and Tomorrow: PG&E Shares 2025 Wildfire Season Readiness Update, Showcases Local XPRIZE Wildfire Competitors

      PG&E's Layers of Protection Are Working, Prevented a Major Wildfire in 2023 and 2024 SAN RAMON, Calif., June 6, 2025 /PRNewswire/ -- Using artificial intelligence (AI) and machine learning to monitor wildfire conditions and deploying proven layers of wildfire protection to prevent wildfires, Pacific Gas and Electric Company (PG&E) shared its readiness ahead of peak wildfire season. These layers of protection helped prevent a major wildfire in 2023 and 2024. Today, at PG&E's Applied Technology Services lab, the company's research and development facility, PG&E shared details a

      6/6/25 2:58:00 PM ET
      $PCG
      Power Generation
      Utilities
    • Expanding Access: More PG&E Customers Eligible for 18% Electric Discount Under New Support Program Guidelines

      Customers are Encouraged to Check Eligibility and Apply for Monthly Electric Discount  OAKLAND, Calif., June 2, 2025 /PRNewswire/ -- More than an estimated 150,000 additional Pacific Gas and Electric Company (PG&E) customers are now eligible for an 18% discount on their electric rate. The Family Electric Rate Assistance (FERA) program is expanding to include one- and two-person households. Under previous eligibility guidelines, only households with three or more people were eligible. The discount does not apply to gas rates. Eligibility is based on income and household size. F

      6/2/25 12:30:00 PM ET
      $PCG
      Power Generation
      Utilities
    • PG&E and Smart Wires Enhance Grid Reliability, Capacity for Data Centers in San Jose

      Deployment of advanced power flow control technology enables 100+ MW of additional capacity, ensures efficient power distribution for critical infrastructure SAN JOSE, Calif. and DURHAM, N.C., May 28, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) and Smart Wires today announced a new project to enhance grid reliability and meet energy commitments for data centers connecting in San Jose. By deploying its cutting-edge advanced power flow control (APFC) technology, Smart Wires will help PG&E mitigate thermal overloads, redirect power flow, and increase available capacity at its Los Esteros electric substation.

      5/28/25 1:00:00 PM ET
      $PCG
      Power Generation
      Utilities

    $PCG
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Larsen John O was granted 10,575 shares (SEC Form 4)

      4 - PG&E Corp (0001004980) (Issuer)

      5/27/25 5:39:09 PM ET
      $PCG
      Power Generation
      Utilities
    • SEC Form 3 filed by new insider Larsen John O

      3 - PG&E Corp (0001004980) (Issuer)

      5/27/25 5:36:41 PM ET
      $PCG
      Power Generation
      Utilities
    • Director Cooper Kerry Whorton was granted 17,038 shares, increasing direct ownership by 29% to 75,469 units (SEC Form 4)

      4 - PG&E Corp (0001004980) (Issuer)

      5/27/25 5:13:49 PM ET
      $PCG
      Power Generation
      Utilities

    $PCG
    Financials

    Live finance-specific insights

    See more
    • PG&E Sets Dates for Quarterly Stock Dividends

      OAKLAND, Calif., May 23, 2025 /PRNewswire/ -- On May 22, 2025, PG&E Corporation (NYSE: PCG) declared its second quarter 2025 regular cash dividend of $0.025 per share on the Corporation's common stock. The dividend is payable on July 15, 2025, to shareholders of record as of June 30, 2025. In addition, PG&E Corporation's utility subsidiary, Pacific Gas and Electric Company (PG&E), declared the regular preferred stock dividend for the three-month period ending July 31, 2025, to be payable on August 15, 2025, to shareholders of record as of July 31, 2025. PG&E will pay dividends

      5/23/25 8:00:00 AM ET
      $PCG
      Power Generation
      Utilities
    • PG&E Corporation Reports First-Quarter Results; On Track to Deliver Solid 2025; Residential Electric Rates Lower Today Than a Year Ago

      OAKLAND, Calif., April 24, 2025 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) is on track to deliver solid 2025 financial results. Financial progress includes: GAAP earnings were $0.28 per share for the first quarter of 2025, compared to earnings of $0.34 per share for the same period in 2024.Non-GAAP core earnings were $0.33 per share for the first quarter of 2025, compared to earnings of $0.37 per share for the same period in 2024.Equity needs fully satisfied to fund the five-year capital plan of $63 billion through 2028.2025 GAAP EPS guidance updated to $1.29 to $1.35 per sha

      4/24/25 6:05:00 AM ET
      $PCG
      Power Generation
      Utilities
    • PG&E Corporation Schedules First Quarter 2025 Earnings Release and Conference Call

      OAKLAND, Calif., March 27, 2025 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) will hold a conference call on Thursday, April 24, 2025, at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to discuss its first quarter 2025 results. The public can access the conference call through a simultaneous webcast.  The link is provided below and will also be available from the PG&E Corporation website. What: First Quarter 2025 Earnings Call When: Thursday, April 24, 2025 at 11:00 a.m. Eastern Time Where: http://investor.pgecorp.com/news-events/events-and-presentations/default.aspx        A

      3/27/25 5:00:00 PM ET
      $PCG
      Power Generation
      Utilities

    $PCG
    Leadership Updates

    Live Leadership Updates

    See more
    • Surging Data Center Growth to Help Lower Energy Costs for PG&E Customers

      Every 1,000 MW (or 1 GW) of New Electric Demand from Data Centers Could Decrease Monthly Electric Bills by 1-2%  SAN JOSE, Calif., May 27, 2025 /PRNewswire/ -- Pacific Gas and Electric Company (PG&E) is seeing a huge jump in the amount of electricity needed for new data centers. These centers, which power things like cloud storage and artificial intelligence (AI), are expected to need about 8.7 gigawatts (GW) of electricity over the next 10 years. That's a big increase from the 5.5 GW PG&E reported at the end of 2024. To give an idea of how much power that is—just 1 GW can pow

      5/27/25 5:10:00 PM ET
      $PCG
      Power Generation
      Utilities
    • PG&E Begins Energy Infrastructure Upgrades to Bring San Jose's Net Zero Community to Life

      Westbank Issues Global Call for Data Centers SAN JOSE, Calif., April 9, 2025 /PRNewswire/ -- Today, Pacific Gas and Electric Company (PG&E) and real estate developer Westbank announced two major milestones in the development of Silicon Valley's innovative net-zero community. PG&E infrastructure upgrades have begun, and Westbank has launched a global call for data center partners to join the initiative. Eastdil Secured, a global real estate investment bank, will lead the process of identifying partners who support using data centers to enhance communities. Westbank's project will pair three data centers with up to 4,000 residential units to create a sustainable downtown San Jose. Excess hea

      4/9/25 12:30:00 PM ET
      $PCG
      Power Generation
      Utilities
    • Leo P. Denault, Former Chairman and Chief Executive Officer of Entergy Corporation, to Join PG&E Boards of Directors

      OAKLAND, Calif., Dec. 16, 2024 /PRNewswire/ -- PG&E Corporation (NYSE:PCG) today announced the appointment of Leo P. Denault to the Boards of Directors of PG&E Corporation and its subsidiary, Pacific Gas and Electric Company, effective February 19, 2025. As Chairman and Chief Executive Officer of Entergy Corporation from 2013 to 2022, Denault transformed the company into a premier utility with one of the nation's cleanest energy portfolios. At Entergy, Denault led the charge to invest in the reliability and resilience of the energy system while maintaining financial stability.

      12/16/24 4:21:00 PM ET
      $PCG
      Power Generation
      Utilities

    $PCG
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Denault Leo P bought $100,548 worth of shares (6,300 units at $15.96) (SEC Form 4)

      4 - PG&E Corp (0001004980) (Issuer)

      3/12/25 4:27:16 PM ET
      $PCG
      Power Generation
      Utilities
    • Director Hernandez Carlos M bought $49,989 worth of shares (3,142 units at $15.91), increasing direct ownership by 10% to 35,295 units (SEC Form 4)

      4 - PG&E Corp (0001004980) (Issuer)

      2/27/25 4:20:34 PM ET
      $PCG
      Power Generation
      Utilities
    • Director Bahri Rajat bought $50,054 worth of shares (3,170 units at $15.79), increasing direct ownership by 5% to 61,533 units (SEC Form 4)

      4 - PG&E Corp (0001004980) (Issuer)

      2/27/25 4:18:49 PM ET
      $PCG
      Power Generation
      Utilities

    $PCG
    SEC Filings

    See more
    • Pacific Gas & Electric Co. filed SEC Form 8-K: Other Events

      8-K - PG&E Corp (0001004980) (Filer)

      6/4/25 4:44:45 PM ET
      $PCG
      Power Generation
      Utilities
    • SEC Form SCHEDULE 13G filed by Pacific Gas & Electric Co.

      SCHEDULE 13G - PG&E Corp (0001004980) (Subject)

      5/13/25 12:08:54 PM ET
      $PCG
      Power Generation
      Utilities
    • SEC Form 10-Q filed by Pacific Gas & Electric Co.

      10-Q - PG&E Corp (0001004980) (Filer)

      4/23/25 8:18:52 PM ET
      $PCG
      Power Generation
      Utilities

    $PCG
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Pacific Gas & Electric Co.

      SC 13G/A - PG&E Corp (0001004980) (Subject)

      11/12/24 4:54:17 PM ET
      $PCG
      Power Generation
      Utilities
    • Amendment: SEC Form SC 13G/A filed by Pacific Gas & Electric Co.

      SC 13G/A - PG&E Corp (0001004980) (Subject)

      11/4/24 1:24:29 PM ET
      $PCG
      Power Generation
      Utilities
    • SEC Form SC 13G/A filed by Pacific Gas & Electric Co. (Amendment)

      SC 13G/A - PG&E Corp (0001004980) (Subject)

      2/13/24 4:55:58 PM ET
      $PCG
      Power Generation
      Utilities

    $PCG
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • PG&E downgraded by UBS with a new price target

      UBS downgraded PG&E from Buy to Neutral and set a new price target of $19.00 from $22.00 previously

      3/19/25 8:15:06 AM ET
      $PCG
      Power Generation
      Utilities
    • PG&E downgraded by Guggenheim

      Guggenheim downgraded PG&E from Buy to Neutral

      2/18/25 7:11:52 AM ET
      $PCG
      Power Generation
      Utilities
    • PG&E downgraded by Morgan Stanley with a new price target

      Morgan Stanley downgraded PG&E from Equal-Weight to Underweight and set a new price target of $16.50 from $20.00 previously

      2/14/25 7:05:57 AM ET
      $PCG
      Power Generation
      Utilities