Wildfire Mitigation
Objective
Help mitigate wildfire risk for an investor-owned utility prone to fire hazard. Utilities need to address safety risks associated with wildfires while ensuring reliable electricity supply. The approach must be cost-effective for ratepayers and economically viable for shareholders.
Approach
We designed and implemented an end-to-end wildfire risk management strategy. This included conducting wildfire risk analytics and benchmarking to identify potential hazards. We designed and implemented proactive measures to harden systems against wildfires and developed prioritized investment strategies to enhance wildfire resilience.
Results
Key takeaways include:
- Identified wildfire risks, quantified exposure, and analyzed potential impacts.
- Developed a risk-informed asset inspection strategy.
- Established criteria for preemptive de-energization and safe re-energization.
- Enhanced vegetation management planning.
- Created a risk-informed, prioritized investment portfolio.
