Investing
Hawaiian Electric discussing new policy to mitigate wildfire risks
© Reuters. FILE PHOTO: The shells of burned houses and buildings are left after wildfires driven by high winds burned across most of the town in Lahaina, Maui, Hawaii, U.S. August 11, 2023. Hawai’i Department of Land and Natural Resources/Handout via REUTERS
(Reuters) – Utility firm Hawaiian Electric Industries (NYSE:) said on Friday it was in discussions with the government and other parties to implement a new policy to de-energize power lines as a preventive measure to mitigate wildfire risks.
The company also announced other steps including deploying spotters in risk prone locations as well as expanding inspections of poles and lines.
Just a few months earlier, the company had defended its policy to not implement steps such as de-energizing during the deadly wildfires in Maui.
In September, the company’s CEO Shelee Kimura had said a pre-emptive shutdown of power lines was not part of the utility’s protocol, even as Hawaiian Electric was bracing for high winds of more than 60 miles (96.56 km) per hour.
She had said that long-held protocol relied on the closure of problem electrical circuits and not de-energizing them. The utility studied pre-emptive shutdowns of power, but Kimura said such a protocol “was not an appropriate fit for Hawaii”.
Hawaiian Electric added it is advancing its work on a $190 million grid resilience plan to face against wildfires, hurricanes, tsunami and flooding.
Read the full article here
-
Passive Income7 days ago
Are You Running Your Business, or Is Your Business Running You?
-
Side Hustles7 days ago
How Your Body Language Can Help Win a Disagreement
-
Side Hustles6 days ago
How to Be Unapologetically You and Why It Matters
-
Side Hustles7 days ago
OpenAI Raises Record $6.6 Billion, Adds 50 Million New Users
-
Investing7 days ago
7 Marketing Strategies to Help Your Startup Grow and Scale
-
Investing5 days ago
Nvidia CEO Jensen Huang: Demand For Blackwell AI Is Insane
-
Side Hustles6 days ago
With AI Magicx, It’s Like Getting an Entire Creative Team in One Money-Saving AI Tool
-
Side Hustles5 days ago
Mark Zuckerberg Is Now Second Richest Person in the World