PG&E Corp Trading Volume Plummets 64.55% to 472nd Rank Despite Stock Price Rise

Generado por agente de IAAinvest Market Brief
lunes, 24 de marzo de 2025, 7:46 pm ET1 min de lectura
PCG--

On March 24, 2025, PG&EPCG-- Corp (PCG) experienced a significant drop in trading volume, with a total of 1.92 billion shares traded, marking a 64.55% decrease from the previous day. This decline placed PG&E at the 472nd position in terms of trading volume for the day. Despite the drop in volume, the stock price of PG&E rose by 1.42%.

PG&E Corp has launched the Seasonal Aggregation of Versatile Energy (SAVE) program, a pioneering virtual power plant initiative. This program is designed to optimize residential energy resources and enhance local grid reliability during peak demand periods. The SAVE program will be operational for up to 100 hours from June through October 2025, providing localized support by supplying battery power and load flexibility.

Sunrun, a leading provider of residential battery systems, has partnered with PG&E to support targeted utility initiatives and statewide virtual power plant programs. With 156,000 residential battery systems across the country, Sunrun is well-positioned to contribute to the success of the SAVE program.

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