PG&E to Invest $73 Billion in Capital Spending Through 2030

PG&E Corp. plans to invest $73 billion in capital expenditures through 2030 as it moves to harden a system that’s been exposed by extreme weather.

Utilities are racing to strengthen grids as artificial intelligence, electric cars and new factories boost electric demand and thus risk straining grids. PG&E already had been focused on its system to lessen the risks posed by wildfires.