CenterPoint Energy and Technosylva, a developer of wildfire science and extreme weather risk mitigation solutions, have signed a Memorandum of Understanding (MOU) to leverage Technosylva's extreme weather risk predictive analytics and mitigation solutions throughout CenterPoint's network and focus on an all-weather hazards approach.
The collaboration is part of CenterPoint's $21 billion commitment over the next five years to electric and natural gas resilience initiatives, including improved reliability and system modernization.
Technosylva's risk monitoring platform includes high-resolution modeling, predictive analytics, and real-time data to offer actionable insights into extreme weather events and threats to network assets. The company's software performs many extreme weather simulations daily to generate current and near-term risk forecasts available in real time, allowing its customers to predict and identify areas of concern and proactive steps to reduce outages.
"As utilities work to harden the power grid for increasingly common extreme weather events, it's critical they have the most accurate and timely intelligence possible to plan, prepare and protect their networks to be able to keep the lights on for their customers," said Bryan Spear, CEO of Technosylva.
