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12 Mar, 2026

The Energy Evolution podcast from S&P Global Energy explores the shifting energy landscape with leading experts as industries aim to rein in their greenhouse gas emissions and their impact on a changing global climate.
Subscribe on Apple Podcasts and Spotify.
California utility PG&E Corp. is studying the impacts of electrification to understand and prepare for a future grid with high levels of distributed energy resources, and significantly higher power demand.
But although PG&E expects to spend about $25 billion by 2040 on grid upgrades, the distribution portion of customers' electric bills could decrease up to 25% over that period as added revenue from increased power usage more than covers the investment costs.
In this episode, host Dan Testa

For a full transcript, visit the Energy Evolution podcast on spglobal.com. Transcripts are typically available within 48 hours of release.