Electric Power Sector Faces a Changing Climate: Path to Resilience
In the era of accelerating electrification, the resilience of the electric power system stands as a paramount concern. The modern landscape demands an unprecedented level of reliability, with societal expectations leaning towards the assurance of 100% electricity availability. Simultaneously, the repercussions of outages have become increasingly disruptive and economically impactful, particularly with the expansion of electrification in transportation and industrial sectors.
The Path to Climate Resilience
The financial health of companies in the electric power space is critical for the energy transition, making climate resilience essential for achieving broader decarbonization goals. As we forge ahead in the electrified future, it is imperative to invest in robust strategies and technologies that ensure the resilience of our electric power systems, enabling them to weather the storms—both literal and metaphorical—of an ever-evolving landscape.
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Acknowledgements
Thank you to everyone who contributes to the paper by conducting supporting analysis, editing and overall guidance.
Kristin Barbato, Co-Founder & President, Dynamo Energy Hub™️
Nick Jarman, Senior Director, Alvarez & Marsal
Geoffrey McCall, Director, Alvarez & Marsal
Jessica Beyer, Manager, Alvarez & Marsal
Hedan Liu, Manager, Alvarez & Marsal
Oliver Madsen, Analyst, Alvarez & Marsal
Jake Ruggles, Analyst, Alvarez & Marsal
