Electric Utilities
Edison Intl CEO: Next inspections of Eaton Fire are expected to take place next week
Edison International CEO Pedro Pizarro said at the CERAWeek Conference in Houston that Southern California Edison will start its first physical inspections to examine certain power equipment for possible links with the Eaton Fire, which started in Los Angeles in early 2014. On Jan. 7, several fires broke out in Los Angeles, claiming dozens lives and destroying tens of thousands of homes. This is expected to be one of the most costly natural disasters in U.S. History. Multiple lawsuits claim that SCE power towers and lines in the hills near the Altadena community started the Eaton Fire. Los Angeles County,...