Charles River Associates is a leading global consulting firm that offers strategic, economic, and financial expertise to major corporations and other businesses around the world. CRA’s Energy Practice provides services to a wide range of industry clients, including utilities, ISOs, RTOs, large customers, and investors. CRA develops and independently evaluates utility WMPs, to determine whether such plans are risk-based, comprehensive, and backed by appropriate investments.
CRA also brings its highly regarded energy and economic consulting expertise to evaluate the relative risk and mitigation efforts of utilities to help assess public safety, insurance, and credit risks. CRA is offering to provide an independent evaluation of utility wildfire risk and mitigation efforts to control such risks, with our experience leading or participating in the development of independent evaluations of dozens of WMPs.
Wildfires can cause extensive damage to utility infrastructure, leading to significant operational and capital expenses. While concerning, the greater worry is the liability associated...
