Strategies, Wildfire and Otherwise: PG&E

Deck: 

PG&E

Fortnightly Magazine - December 2024
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The State of California is innovative and of great interest to those in the energy and utilities industry. There are so many issues to take on, from grid hardening and resiliency, to increased demand from data centers to wildfire mitigation including managing Public Safety Power Shutoffs, to changing culture around these big issues. No one ever dreamed that shutting down power would become a necessary lifeline, and that is a tough change in mindset for utility workers. But it's all being done and more.

To help understand how California utilities are grappling with these major transformations, Public Utilities Fortnightly's Executive Editor Steve Mitnick went to the top and talked with two leaders, joined by Chris Rogers from Guidehouse. PG&E CFO Carolyn Burke and Southern California Edison CEO Steve Powell have much to say on important issues.

 

PUF's Steve Mitnick: How would you describe PG&E's strategy to grow and best serve its constituencies?

Carolyn Burke: Our strategy includes an important yet small word — "And." Our strategy is about serving both our customers and our investors.

Back in June we hosted an Investor Update. We unveiled the Power Pyramid, which represents our strategy.

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