PG&E Corporation Trading Volume Surges 159.9% to 3.97 Billion, Ranks 398th Despite Stock Price Decline

On May 30, 2025, the trading volume of PG&E Corporation (PCG) reached 3.97 billion, marking a significant increase of 159.9% compared to the previous day. This surge placed PCG at the 398th position in terms of trading volume for the day. However, despite the high trading volume, PCG's stock price experienced a decline of 1.11%.

PG&E Corporation has recently partnered with Smart Wires to enhance grid reliability and increase capacity for data centers in the San Jose area. The project involves the deployment of Smart Wires' advanced power flow control (APFC) technology at PG&E's Los Esteros electric substation. This initiative aims to boost capacity by more than 100 megawatts (MW) at the substation, which is located in San Jose. The installation of Smart Wires' SmartValve technology is expected to significantly improve the grid's ability to handle increased data center demand, thereby supporting the growing need for reliable and efficient energy distribution in the region.