Geraghty says wildfires pose an increasing threat to the state and NV Energy customers. He says Regan's expertise will provide the utility with important insight into developing and implementing programs that reduce the risk of fire and help keep communities safe.
Power utilities share many of the same supply chain vendors for equipment, software and services for their bulk electric systems, an industry trait that has been identified by malicious actors and is resulting in an increasing number of attacks on the power grid.
PJM forecasts peak demand at around 134,000 MW this winter and has more than 187,000 MW of resources that includes natural gas, coal, nuclear, hydropower, wind, solar and other resources
PG&E filed for bankruptcy in January to deal with an estimated $30 billion in liabilities from wildfires that its equipment may have ignited in 2017 and 2018, including a wildfire last November that essentially wiped out the Northern California town of Paradise and killed 85 people.
The Electric Reliability Council of Texas anticipates there will be sufficient installed generating capacity available to serve system-wide forecasted peak demand this winter and in spring 2020.
Power generator and energy storage firm AES Corp. is expanding its alliance with Google to further develop renewable energy and digital transformation of the grid.
Newsom also reiterated the state would consider a potential takeover of the utility if the bankruptcy is not resolved by June 30.
Combination utilities account for over half of the more than 400,000 endpoints served.