PG&E

“They got some of the most discerning customers on the planet, right? So, people like DoorDash, Epic Games, Albertsons, Community Bank of History PG&E.”

“This is, the business is multiplying large numbers. It's globally liquid. There's no natural barrier to it. It's not even, energy is more barriers than this because it's hard to ship energy, not hard to ship multiplication output. Same, on top of that, there's…”

“The idea that you're gonna go sell a software tool to a PG&E or similar and have, like, a reasonably speedy top-down implementation where you actually get good signal and metrics and can actually do interesting things with that data, to me, I find, like, a lit…”

“In California, our grid is on average about between 45 and 50% utilized. This is for PG&E.”

“ERCOT has this controllable load service, which does make that sort of trade-off explicit. PG&E is doing it with their new FlexConnect program, primarily at distribution scale for EV chargers, but the hope is to expand it. Southern California Edison has a simi…”

“If, you know, PG&E spends five billion dollars undergrounding lines or upgrading transmission lines, They get to mark that up by 15% and pass that through to ratepayers. They love it. That's how they make money.”

“We had a position in a company called PG&E, which is a California utility. Shane Parrish: the wildfires. SPEAKER_05: Yeah. Adam Carr: So we went into it after they had had their wildfires thinking that, Legislation had passed, but there was this little loophol…”

“Unit one's current license expires November second of 2024. And it'll be really interesting to look at what's going on November third and fourth with our grid had we taken unit one off. So we're right there, right? unit two's current license expires in August…”

“Utilities, look at, if you look at PG&E, they increase their wildfire budget by 4.9 billion dollars between 2021 and 2023.”

“You know, what amounts to, I think, 15% rate increases every year for the last four years for PG&E because of uncontrolled distribution grade investments, and it's not wildfire related. Let's just be crystal clear. People call it wildfire. Three to four percen…”

“We settled first with Baupost, which made an absolutely brilliant investment by purchasing the subrogated claims of the insurance companies, and we settled with them for close to par.”

“And the governor had insinuated his staff into the process and was very engaged in what we were doing and insisted that the entire board change after bankruptcy.”

“PG&E in, in, in 2002 22 had a 1.3 billion dollar rate case, right, for the wildfires that happened that year over a three-year period.”

“PG&E now proposing 55 dollar a month fixed charge on all residential customers. Every single month, it will disincentivize efficiency and conservation and solar energy”

“The Public Utilities Commission wants to apply the draconian changes to net metering and then some. They want to basically declare every electron that solar system generates on that apartment building and export and then force people to buy it back from PG&E a…”

“PG&E alone has seen a 65% increase in their rates since 2011, right?”

“It is PG&E, who this year was charged with felonies and manslaughter in the death of four people because of the wildfires that they started because of their inability to maintain their power infrastructure throughout the state of California.”

“And this is not a defined market, right? This is not something that's on PG&E's list to buy, right? And so, so they're not searching. They're not typing it into their Google browser. Like, we're still in heavy outbound Market awareness mode.”

“You also have the prospects of PG&E where there's a generalized belief that it'd be a nice thing if there's a forest fire to have the utility take on all of the liability of consequential damages after a fire. So long as their power station was responsible for…”