“Extreme weather events triggered 1,755 widespread power outages from 2014 to 2023—double the figure from the early 2000s, according to Climate Central, a research organization on climate science.” As we usher in a new year, the US government’s National Climate Assessment anticipates that even more extreme weather is headed our way in 2025 and the years to come. But it’s a pivotal, hopeful moment for those willing to rise to the occasion. Utility executives, climate scientists, and lawmakers alike agree that this particular convergence of challenges—skyrocketing demand, aging infrastructure, and extreme weather—calls for unprecedented innovation. For example, by using AI and remote sensing to spot a single hidden, dying tree off a utility’s right of way months before it causes a power outage or wildfire. Today, we’re helping teams like Pacific Gas and Electric Company, Sho-Me Power Electric Cooperative, OGE Energy Corp., and Cobb EMC find and mitigate critical vegetation risk to help keep the lights on. We’re helping teams mitigate that risk faster and more affordably than ever, and are proud to support the more resilient and reliable grid our communities deserve today and in the future. 🔗 Read more in WSJ: https://lnkd.in/eNsA3KPs
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A recent article from Amy Green and Lisa Sorg of Inside Climate News highlights the increasing frequency and intensity of #extremeweather events like Tropical Storm Debby—underscoring (yet again) the urgent need for resilient power grids to protect our communities. Emergency services, from evacuations to medical care, depend on a stable power supply to perform life-saving tasks during crises. Grid operators need to adapt and recover quickly in the face of disaster. Our direct measurement technology provides the visibility necessary to enable operators to access 10-30%+ more inertia hidden in the distribution grid, maximizing existing capacity to take on more renewables safely. With NOAA: National Oceanic & Atmospheric Administration predicting an extraordinarily active hurricane season, it's our responsibility to ensure our grids are equipped to handle whatever comes their way. Get started today with GridMetrix® at reactive-technologies.com.
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Adapting for a New Climate Reality A recent conversation with a leading climate expert highlighted a crucial truth: much of our infrastructure was designed for a climate that no longer exists. Essentially, we might be grappling with 21st-century weather patterns using systems built with 20th-century assumptions. This shift in our environment demands urgent adaptation. As Hurricane Milton barreled toward Florida, it serves as a stark reminder that our systems must evolve to handle these increasing challenges. Texas, too, has faced its share of climate-related disruptions. Winter Storm Uri and record-breaking summer heat have revealed significant vulnerabilities in our grid. As climate change accelerates, the Texas energy market, guided by ERCOT, must transform to meet the demands of a more extreme and unpredictable environment. A critical tool in this evolution is Real-Time Co-Optimization (RTC). This method optimizes both energy supply and ancillary services simultaneously, much like a chef preparing multiple dishes in a bustling kitchen, ensuring all the necessary ingredients and tools are ready at the right moment. By doing so, RTC helps prevent outages during peak demand by ensuring the grid has the right resources at the right time. At Grid Monitor, we provide real-time regulatory insights to help leaders and operators stay ahead of these shifts. Discussions around Senate Bill 89 and grid modernization efforts show progress, but there’s still plenty to be done to ensure the grid’s long-term resilience. As climate challenges mount, resilience isn’t just a buzzword—it’s a survival strategy. Let’s make sure Texas is ready for what’s next. #Resilience #TexasEnergy #ERCOT #RealTimeCoOptimization #ClimateChange #GridMonitor #HurricaneMilton #Energy
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As the effects of our changing climate intensify, some Texans could face an extra month of triple-digit temperatures, as revealed in a new report by the Texas Climate Office and Texas 2036. #Energyefficiency and demand flexibility solutions offer hope for a more sustainable future, as well as a lower cost burden for utility customers. #txlege #txenergy https://lnkd.in/ggwcsErx
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"The projections suggest that increasingly stronger and wetter storms, driven by the burning of fossil fuels, will make landfall more frequently and push further inland, with tangible effects on the grid. In these scenarios, increased rainfall clogs soil and weighs down tree canopies. Trees can easily uproot or become unstable, falling on power lines or causing landslides that knock out electric infrastructure. The Mid-Atlantic and Northeast coastal areas are predicted to see the zone of potential climate-driven storms and hurricanes shift upward, exposing them more often to the risk of outages. The average person in the metropolitan areas of Boston, Houston and New Orleans could see expected outage events increase more than 70 percent per decade, the analysis found. In Tampa, it’s even higher, and in Miami, residents could see a 119 percent increase."
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Compound wind and rainfall extremes: Drivers and future changes over the UK and Ireland Science Direct https://lnkd.in/gf-uiUPz
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Climate talk is heating up. In the past few weeks, Hurricane Beryl became the earliest Category 5 on record for the Atlantic Basin and the first of its size recorded in the month of June. To boot, a recent study suggested that future warming could be more severe than previously thought. While the news is concerning, within climate investing it’s not all doom and gloom. Significant investment in the sector (for every $1 invested in fossil fuels today, almost $2 are invested in clean energy*) has led to advancements. For example, the costs of solar panels, wind turbines and batteries have come down meaningfully since 2010. Climate challenges are growing, which has created opportunities to invest in sectors that are working to respond, including technology and infrastructure. While broad investment in the space has increased, private equity capital has lagged. Investors interested in this space may want to consider this "missing middle" and explore investing in companies leading the response to climate change and the energy transition which includes solar and wind power production and battery storage. #jpmorganprivatebank *Source: Scientific American, June 12, 2024 Investment in alternative investment strategies is speculative, often involves a greater degree of risk than traditional investments including limited liquidity and limited transparency, among other factors and should only be considered by sophisticated investors with the financial capability to accept the loss of all or part of the assets devoted to such strategies.
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Climate talk is heating up. In the past few weeks, Hurricane Beryl became the earliest Category 5 on record for the Atlantic Basin and the first of its size recorded in the month of June. To boot, a recent study suggested that future warming could be more severe than previously thought. While the news is concerning, within climate investing it’s not all doom and gloom. Significant investment in the sector (for every $1 invested in fossil fuels today, almost $2 are invested in clean energy*) has led to advancements. For example, the costs of solar panels, wind turbines and batteries have come down meaningfully since 2010. Climate challenges are growing, which has created opportunities to invest in sectors that are working to respond, including technology and infrastructure. While broad investment in the space has increased, private equity capital has lagged. Investors interested in this space may want to consider this "missing middle" and explore investing in companies leading the response to climate change and the energy transition which includes solar and wind power production and battery storage. #jpmorganprivatebank *Source: Scientific American, June 12, 2024 Investment in alternative investment strategies is speculative, often involves a greater degree of risk than traditional investments including limited liquidity and limited transparency, among other factors and should only be considered by sophisticated investors with the financial capability to accept the loss of all or part of the assets devoted to such strategies.
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Climate talk is heating up. In the past few weeks, Hurricane Beryl became the earliest Category 5 on record for the Atlantic Basin and the first of its size recorded in the month of June. To boot, a recent study suggested that future warming could be more severe than previously thought. While the news is concerning, within climate investing it’s not all doom and gloom. Significant investment in the sector (for every $1 invested in fossil fuels today, almost $2 are invested in clean energy*) has led to advancements. For example, the costs of solar panels, wind turbines and batteries have come down meaningfully since 2010. Climate challenges are growing, which has created opportunities to invest in sectors that are working to respond, including technology and infrastructure. While broad investment in the space has increased, private equity capital has lagged. Investors interested in this space may want to consider this "missing middle" and explore investing in companies leading the response to climate change and the energy transition which includes solar and wind power production and battery storage. #jpmorganprivatebank *Source: Scientific American, June 12, 2024 Investment in alternative investment strategies is speculative, often involves a greater degree of risk than traditional investments including limited liquidity and limited transparency, among other factors and should only be considered by sophisticated investors with the financial capability to accept the loss of all or part of the assets devoted to such strategies.
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𝙒𝙝𝙮 "𝙊𝙣𝙘𝙚-𝙞𝙣-𝙖-𝙈𝙞𝙡𝙡𝙚𝙣𝙣𝙞𝙪𝙢" 𝙎𝙩𝙤𝙧𝙢𝙨 𝘼𝙧𝙚 𝘽𝙚𝙘𝙤𝙢𝙞𝙣𝙜 𝙈𝙤𝙧𝙚 𝙁𝙧𝙚𝙦𝙪𝙚𝙣𝙩 Climate change is reshaping our understanding of extreme weather probabilities. Traditionally, a "1-in-1,000-year" storm implies a 0.1% chance of occurring in any given year. Yet, North Carolina experienced two storms within weeks, underscoring how these rare events are becoming alarmingly common. Warmer atmospheres hold more moisture, leading to heavier and more frequent downpours. This shift challenges our infrastructure and complicates how we communicate risks to the public. Current rainfall estimates often need to account for the accelerating impacts of climate change, making it imperative to update our models and preparedness strategies. Understanding these changing odds is crucial for building resilient communities and infrastructure that can withstand our climate's new norms. #ClimateChange #ExtremeWeather #Resilience #RiskManagement #Sustainability #Infrastructure #ClimateAction #FloodRisk https://lnkd.in/gfdAfnZH
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"One of the most dangerous illusions of the climate crisis is that the technology of modern life makes us invincible. Humans are smart. We have tools. Yeah, it will cost money. But we can adapt to whatever comes our way. As for the coral reefs that bleach in the hot oceans and the howler monkeys that fell dead out of trees during a recent heat wave in Mexico, well, that’s sad but life goes on." "This is, of course, an extremely privileged point of view. For one thing, more than 750 million people on the planet don’t have access to electricity, much less air-conditioning. But it is also a naïve point of view, if only because our bubble of invincibility is far more fragile than we know." I wrote about the deadly consequences of grid failure during a heat wave for The New York Times. Credit Jeff Goodell 💡💡 Time to Rethink, Reduce, Reuse, Repair, Recycle, Replant, Restore and Help Clean Up Our Environment Together. ♻️♻️ #CircularEconomy #Sustainability #ClimateChange #ClimateActions #Biodiversity #Leadership #Environment #EvolveDaily #HumansWhoCare #LeadersWhoCare #WeCare
"One of the most dangerous illusions of the climate crisis is that the technology of modern life makes us invincible. Humans are smart. We have tools. Yeah, it will cost money. But we can adapt to whatever comes our way. As for the coral reefs that bleach in the hot oceans and the howler monkeys that fell dead out of trees during a recent heat wave in Mexico, well, that’s sad but life goes on." "This is, of course, an extremely privileged point of view. For one thing, more than 750 million people on the planet don’t have access to electricity, much less air-conditioning. But it is also a naïve point of view, if only because our bubble of invincibility is far more fragile than we know." I wrote about the deadly consequences of grid failure during a heat wave for The New York Times
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