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Stock impact report

Oregon Utility CEO Warns of Possible Power Cuts This Fire Season [Financial Post (Toronto, Ontario, Canada)]

Portland General Electric Co (POR) 
Last portland general electric co earnings: 4/24 05:00 am Check Earnings Report
US:NYSE Investor Relations: investors.portlandgeneral.com
Company Research Source: Financial Post
Portland General Electric Co. is focused on safeguarding its grid to reduce wildfire risks and would only interrupt service to customers as a last resort, Chief Executive Officer Maria Pope said in an interview Friday. First Nation considering whether to excavate unmarked graves at former Kamloops… Advertisement “We focus much more on a daily basis on how we prevent having to do power-safety shut-offs,” Pope said at Bloomberg News headquarters in New York. “Should there ever be circumstances like we were faced with last year, or could be faced with this season given the drought conditions throughout the entire West, obviously shutting the power off is one of the tools we have.” Advertisement Article content Cutting power to prevent fires is a relatively new and controversial practice that has spurred investigations in California, where utilities defend outages as necessary amid increasingly extreme weather. The state's utilities say shut-offs must be used until they can s Show less Read more
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