As Xcel Energy, PG&E, Hawaiian Electric and others confront catastrophic wildfires, industry observers believe the growing risk could spur innovation in commercial insurance that benefits utilities. 2023 marked yet another year of costly wildfires in various parts...
Large utilities can file 10-year plans with the California Office of Energy Infrastructure Safety, which will have nine months to make a determination. The California Public Utilities Commission on March 7 approved a long-term power line undergrounding program...
Wildfires can cause extensive damage to utility infrastructure, leading to significant operational and capital expenses. While concerning, the greater worry is the liability associated with wildfires ignited by utility equipment, leading to loss of life and...
Although there is not a one-size-fits-all approach to reducing wildfire risk, strategies that prioritize speed, resilience, early detection and prevention, and added intelligence are vital to harden the grid and they’re paying off—dramatically reducing risks...
The plan would raise a typical residential bill by more than 9.5%, but “doing more to mitigate wildfire risk requires substantial investment,” the utility told regulators. Xcel Energy on Thursday filed a $1.9 billion wildfire mitigation plan with the Colorado Public...
Pacific Gas & Electric Co. (PG&E) is deploying innovative and emerging technologies, including a remotely operated controlled-burn system, next-generation drones and wireless remote grids, building on the proven layers of protection that reduced wildfire risk...
