{"id":19679,"date":"2021-08-19T03:53:00","date_gmt":"2021-08-19T10:53:00","guid":{"rendered":"https:\/\/copperleaf-test.majortom.dev\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/"},"modified":"2023-05-08T08:51:03","modified_gmt":"2023-05-08T15:51:03","slug":"webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy","status":"publish","type":"post","link":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/","title":{"rendered":"Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy"},"content":{"rendered":"<p>Each year, the assets of electric, gas and water utilities become more threatened by the looming impacts of climate change. This poses substantial long-term risks to the reliability of utility service, as well as to public safety. However, it\u2019s challenging for utilities to calculate the full costs associated with climate-related risks. In a recent panel discussion moderated by <a href=\"https:\/\/www.utilitydive.com\/\">Utility Dive<\/a>, I had the opportunity to explore the topic of climate-resilient capital investment planning alongside:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.linkedin.com\/in\/andrewabranches\/\">Andy Abranches<\/a>, Senior Director Wildfire Risk Management at <a href=\"https:\/\/www.pge.com\/\"><strong>Pacific Gas &amp; Electric<\/strong> (<strong>PG&amp;E)<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/in\/pradheepkileti\/\">Pradheep Kileti<\/a>, Director, Future of Heat and R&amp;D Program Management at <a href=\"https:\/\/www.nationalgrid.com\/\"><strong>National Grid<\/strong><\/a><\/li>\n<li><a href=\"https:\/\/www.linkedin.com\/in\/daniellevitoff\/\">Danielle Vitoff<\/a>, Associate Director for Decarbonization Solutions at <a href=\"https:\/\/guidehouse.com\/\"><strong>Guidehouse<\/strong><\/a><\/li>\n<\/ul>\n<h4>Valuing Hard Trade-off Decisions<\/h4>\n<p>A <a href=\"https:\/\/resources.copperleaf.com\/infographics\/climate-resiliency-infographic\">recent survey<\/a> by Copperleaf<sup>\u00ae\u00a0<\/sup>and Utility Dive found that utilities may be underestimating dramatic risks related to climate change.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"js-loaded aligncenter wp-image-31624 size-full\" src=\"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2021\/08\/Blog-Utility-Climate-Resilience.webp\" alt=\"\" width=\"840\" height=\"271\" srcset=\"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2021\/08\/Blog-Utility-Climate-Resilience.webp 840w, https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2021\/08\/Blog-Utility-Climate-Resilience-300x97.webp 300w, https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2021\/08\/Blog-Utility-Climate-Resilience-768x248.webp 768w, https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2021\/08\/Blog-Utility-Climate-Resilience-600x194.webp 600w, https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2021\/08\/Blog-Utility-Climate-Resilience-450x145.webp 450w, https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2021\/08\/Blog-Utility-Climate-Resilience-186x60.webp 186w, https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2021\/08\/Blog-Utility-Climate-Resilience-230x74.webp 230w\" sizes=\"(max-width: 840px) 100vw, 840px\" \/><\/p>\n<p>To address the planning gaps that were brought to light in our survey, panelists explored how utilities can value the trade-offs of achieving climate resilience\u2014for individual capital investment projects and across an organization\u2019s entire portfolio of capital projects.<\/p>\n<p>At PG&amp;E for instance, Andy discussed the challenges of addressing wildfire risk across such a large system. With 25,000 miles of distribution circuits that traverse high-fire threat districts, determining how to mitigate risk during peak wildfire season is no easy feat. During the webinar, Andy shared the various tactics PG&amp;E uses to address this specific challenge\u2014and stressed the complexity of making such critical decisions across the entire utility. He explained how Copperleaf is helping PG&amp;E quantify the risks and benefits of various mitigation strategies, and identify the optimal mix and timing of climate resilience investments alongside all their other initiatives.<\/p>\n<blockquote class=\"custom-quote\">\n<p class=\"quote\">You\u2019ve got to plan around not just the portfolio of one type of work, but the portfolio of all the work taking place in the utility. When you\u2019re dealing with a large portfolio, you need asset investment planning tools that Copperleaf brings to the table.<\/p>\n<\/blockquote>\n<h4>Investment Planning Must be Dynamic<\/h4>\n<p>As utilities work to mitigate the source of climate change by decreasing or eliminating carbon emissions from the electric power supply, they will need to simultaneously make big changes to their infrastructure. In short, investment planning will need to be incredibly dynamic in order for utilities to be able to change course as needed.<\/p>\n<p>During the webinar, Pradheep shared National Grid\u2019s net-zero targets and the trade-off decisions they must consider as they react to everchanging conditions. The speed of electrification, the addition of district heating and of energy storage, and the willingness of consumers to pay for going green and potential carbon pricing schemes, will all affect National Grid\u2019s plans\u2014yet there is considerable uncertainty for each of these factors. National Grid is considering injecting hydrogen into the network, but this requires significant changes to its existing asset base and will trigger the need for large new investments. Pradheep commented that we are all wired to look at each piece of the puzzle separately\u2014but solutions like Copperleaf allow for a holistic approach that can explore different \u201cwhat-if\u201d scenarios to help utilities develop optimal plans that can evolve as the situation changes and new information becomes available.<\/p>\n<h4>Turning Strategy into Tactics<\/h4>\n<p>High-level strategic objectives are a great starting point, but they need to be translated into something more tangible in order to operationalize a plan to drive that strategy forward. The Copperleaf Value Framework helps organizations assess all investments in a consistent way and translate strategy into a transparent plan that can be executed with available resources. Having a consistent value framework across an enterprise helps utilities evaluate difficult trade-off decisions and track progress toward achieving strategic goals and KPIs. Copperleaf&#8217;s robust what-if analysis capabilities can help utilities take into consideration a variety of potential future scenarios, allowing them to remain dynamic throughout their journey to climate resiliency.<\/p>\n<p>To learn more about how leading utilities like PG&amp;E and National Grid are leveraging Copperleaf\u2019s Decision Analytics Solutions to develop plans that address the impacts of climate change, be sure to watch the full panel discussion <a href=\"https:\/\/copperleaf-test.majortom.dev\/knowledge-hub\/webinar-utility-climate-resilience-future-proof-your-capital-investment-strategy\/\"><strong>here<\/strong><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Each year, the assets of electric, gas and water utilities become more threatened by the looming impacts of climate change. This poses substantial long-term risks to the reliability of utility service, as well as to public safety. However, it\u2019s challenging for utilities to calculate the full costs associated with climate-related risks. In a recent panel [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":14281,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_searchwp_excluded":"","footnotes":"","_wp_rev_ctl_limit":""},"categories":[71],"industry":[176],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy - Copperleaf<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy - Copperleaf\" \/>\n<meta property=\"og:description\" content=\"Each year, the assets of electric, gas and water utilities become more threatened by the looming impacts of climate change. This poses substantial long-term risks to the reliability of utility service, as well as to public safety. However, it\u2019s challenging for utilities to calculate the full costs associated with climate-related risks. In a recent panel [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/\" \/>\n<meta property=\"og:site_name\" content=\"Copperleaf\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-19T10:53:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-08T15:51:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2022\/06\/1920x500_windturbine02-v1.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"alfredo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"alfredo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/\",\"url\":\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/\",\"name\":\"Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy - Copperleaf\",\"isPartOf\":{\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2022\/06\/1920x500_windturbine02-v1.webp\",\"datePublished\":\"2021-08-19T10:53:00+00:00\",\"dateModified\":\"2023-05-08T15:51:03+00:00\",\"author\":{\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/#\/schema\/person\/29040f6a95034ff92693e7e46a0e1f1d\"},\"breadcrumb\":{\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#primaryimage\",\"url\":\"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2022\/06\/1920x500_windturbine02-v1.webp\",\"contentUrl\":\"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2022\/06\/1920x500_windturbine02-v1.webp\",\"width\":1920,\"height\":500,\"caption\":\"Blog Hero Wind Turbine - Copperleaf Decision Analytics\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/copperleaf-test.majortom.dev\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/#website\",\"url\":\"https:\/\/copperleaf-test.majortom.dev\/en\/\",\"name\":\"Copperleaf\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/copperleaf-test.majortom.dev\/en\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/#\/schema\/person\/29040f6a95034ff92693e7e46a0e1f1d\",\"name\":\"alfredo\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/copperleaf-test.majortom.dev\/en\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/332ec8fbf528ede521761fef173613e0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/332ec8fbf528ede521761fef173613e0?s=96&d=mm&r=g\",\"caption\":\"alfredo\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy - Copperleaf","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy - Copperleaf","og_description":"Each year, the assets of electric, gas and water utilities become more threatened by the looming impacts of climate change. This poses substantial long-term risks to the reliability of utility service, as well as to public safety. However, it\u2019s challenging for utilities to calculate the full costs associated with climate-related risks. In a recent panel [&hellip;]","og_url":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/","og_site_name":"Copperleaf","article_published_time":"2021-08-19T10:53:00+00:00","article_modified_time":"2023-05-08T15:51:03+00:00","og_image":[{"width":1920,"height":500,"url":"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2022\/06\/1920x500_windturbine02-v1.webp","type":"image\/webp"}],"author":"alfredo","twitter_card":"summary_large_image","twitter_misc":{"Written by":"alfredo","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/","url":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/","name":"Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy - Copperleaf","isPartOf":{"@id":"https:\/\/copperleaf-test.majortom.dev\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#primaryimage"},"image":{"@id":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#primaryimage"},"thumbnailUrl":"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2022\/06\/1920x500_windturbine02-v1.webp","datePublished":"2021-08-19T10:53:00+00:00","dateModified":"2023-05-08T15:51:03+00:00","author":{"@id":"https:\/\/copperleaf-test.majortom.dev\/en\/#\/schema\/person\/29040f6a95034ff92693e7e46a0e1f1d"},"breadcrumb":{"@id":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#primaryimage","url":"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2022\/06\/1920x500_windturbine02-v1.webp","contentUrl":"https:\/\/copperleaf-test.majortom.dev\/wp-content\/uploads\/2022\/06\/1920x500_windturbine02-v1.webp","width":1920,"height":500,"caption":"Blog Hero Wind Turbine - Copperleaf Decision Analytics"},{"@type":"BreadcrumbList","@id":"https:\/\/copperleaf-test.majortom.dev\/en\/blog\/webinar-recap-utility-climate-resilience-future-proof-your-capital-investment-strategy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/copperleaf-test.majortom.dev\/en\/"},{"@type":"ListItem","position":2,"name":"Webinar Recap: Utility Climate Resilience\u2014Future-Proof Your Capital Investment Strategy"}]},{"@type":"WebSite","@id":"https:\/\/copperleaf-test.majortom.dev\/en\/#website","url":"https:\/\/copperleaf-test.majortom.dev\/en\/","name":"Copperleaf","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/copperleaf-test.majortom.dev\/en\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/copperleaf-test.majortom.dev\/en\/#\/schema\/person\/29040f6a95034ff92693e7e46a0e1f1d","name":"alfredo","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/copperleaf-test.majortom.dev\/en\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/332ec8fbf528ede521761fef173613e0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/332ec8fbf528ede521761fef173613e0?s=96&d=mm&r=g","caption":"alfredo"}}]}},"_links":{"self":[{"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/posts\/19679"}],"collection":[{"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/comments?post=19679"}],"version-history":[{"count":1,"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/posts\/19679\/revisions"}],"predecessor-version":[{"id":40645,"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/posts\/19679\/revisions\/40645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/media\/14281"}],"wp:attachment":[{"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/media?parent=19679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/categories?post=19679"},{"taxonomy":"industry","embeddable":true,"href":"https:\/\/copperleaf-test.majortom.dev\/en\/wp-json\/wp\/v2\/industry?post=19679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}