A new report from the Intergovernmental Panel on Climate Change (IPCC) highlights the pressing need for prompt and resolute action across industries to tackle climate change. The report emphasizes the importance of prioritizing equity, social justice, inclusion and just transition processes to enable ambitious climate mitigation actions and climate-resilient development.
Tag: grid modernization
As the world moves toward a low-carbon future, the power and utilities industry faces significant financial and reputational risks due to the potential stranding of resources and assets. This transition to carbon-free energy sources could render carbon-intensive assets – such as coal- and gas-fired power plants, coal mines and hydrocarbon
Today’s investors are eager to understand the climate-related risks of their business investments, not just because they are becoming more climate-conscious but also because climate-related risk can bring financial risk. A newly proposed rule in the US aims to bring more transparency to those risks. In March, the US Securities
A recent report suggests that the current state of climate change is alarming. Climate change puts billions of people at risk of events like extreme hurricane seasons and rising sea levels. However, data and analytics play a critical role in informing us about the situation, planning ahead, and raising awareness
Note: Today’s utility industry is in upheaval. All of the assumptions the business has run on have been turned on their heads. This post is the third in a three-part series looking at how analytics are helping utilities navigate this challenging landscape and find new opportunities for improvements in operations,
Widespread flooding. Downed power lines. Broken poles. Failed transformers and breakers. Leaking pipes. Shut down refineries. The toll that a catastrophic storm takes on the energy value chain is significant. A functioning power grid, clean water and reliable fuel sources are critical for public safety and economic recovery. Even with