Economic cost of PG&E blackouts estimated at $1 billion

Economic cost of PG&E blackouts estimated at $1 billion Economic cost of PG&E blackouts estimated at $1 billion

October 15, 20191 min read
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Berkeley Haas Prof. Catherine Wolfram has estimated the economic cost of the PG&E blackouts to be about $1 billion, based on a loss of about 100,000 megawatt hours of lost power.


Read Wolfram's full analysis here:



Wolfram is an economist with the Energy Institute at Haas and is the Cora Jane Flood Professor of Business Administration in the Economic Analysis and Policy Group. She also serves as associate dean for academic affairs and chair of the Berkeley Haas faculty.


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  • Catherine Wolfram
    Catherine Wolfram Associate Dean for Academic Affairs & Chair of the Faculty | Cora Jane Flood Professor of Business Administration

    Leading expert on energy and environmental economics

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