Wildfire victims and California Gov. Gavin Newsom challenged PG&E’s proposed $11 billion settlement with insurance companies that are seeking reimbursement.

More elected officials are calling for a public takeover or restructuring of PG&E after it blacked out millions of Californians to prevent deadly wildfires.

California Gov. Gavin Newsom has summoned PG&E and its creditors, including victims, to try to broker a deal to pull the utility out of bankruptcy.

Analysts at a renewable energy conference warned that PG&E could still reject its renewable power purchase agreements in bankruptcy.

The federal judge overseeing Pacific Gas and Electric’s bankruptcy named a mediator to help the utility and its bondholders negotiate a reorganization plan.

PG&E’s stock price fell to a record low as a huge wildfire its equipment is suspected of starting last week continued burning mostly uncontrolled.

PG&E told regulators its public safety power shutoffs could continue for another decade, and is making plans to turn off electricity if and when necessary.

SoCal Edison came under increasing scrutiny for its possible role in starting the Saddleridge Fire, while PG&E defended its public safety power shutoffs.

PG&E restored power to 738,000 customers after its public safety power shutoffs prompted a backlash from the public, state regulators and elected officials.

As roughly 600,000 Pacific Gas and Electric customers remained without power, the president of the California PUC called the situation “unacceptable.”