02/05/2019 - Ari Peskoe

Wildfires Drove PG&E to Bankruptcy, Where Utility Must Change to Survive

Tag: Wall Street Journal

Ari Peskoe, director of Harvard Law School’s electricity law initiative, said the changing nature of PG&E’s customer base mirrors broader challenges to the monopolistic business model many U.S. utilities have enjoyed for decades.

“There’s a larger issue at hand regarding how utilities are coping with new technology,” Mr. Peskoe said. “Maybe this is an opportunity for the industry to think about this differently.”

Read Article