SPP has a peak demand of 50,662 MWs across 17 states, including Arizona, Arkansas, Colorado, Iowa, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas, Utah and Wyoming.
PG&E has received more than $12 billion of equity backstop commitments to support the settlement.
The update further details and strengthens the escalation of requests and coordination of mutual assistance resources with the electric industry national mutual assistance programs, which bring resources throughout the United States to New York in the event of widespread electric outages.
The Michigan Public Service Commission today accepted, subject to their inclusion in a final order, segments of Upper Peninsula Power Co.'s integrated resource plan while also recommending changes to the plan that marks the utility’s long-range strategy for meeting its customers’ electricity needs.
The opposition argued that PG&E's $11 billion settlement with a group representing about 110 insurers that have already paid claims in the fires threatens to shortchange uninsured and underinsured victims. Critics also say the deal would give the company an unfair advantage to gain support for its deeply flawed reorganization plan.
Democratic U.S. Rep. Jared Golden called on the Army Corps to hold a hearing on the $1 billion project that has met with stubborn resistance in many communities along the path. Critics of the project hope the Army Corps will require a look at alternative routes for the corridor.