SDG&E Advances Climate Preparedness with Launch of State-of-the-Art Wildfire and Climate Resilience Center
SAN DIEGO, Oct. 24, 2024 /PRNewswire/ -- As the operating environment for utilities becomes more challenging, San Diego Gas & Electric (SDG&E) is stepping up to lead the energy sector in climate preparedness. The company has unveiled its updated cutting-edge Wildfire and Climate Resilience Center, innovating in wildfire mitigation and grid safety. SDG&E's new Wildfire and Climate Resilience Center is the latest innovation in the company's commitment to building an electrical grid designed to withstand the intensifying effects of climate change. One of the most technologically advanced in the industry, the Center serves as a hub for research, development and implementation of innovative solutions by bringing AI and predictive modeling together with shared technology and intelligence with emergency responders to help enable a swift and integrated response to regional threats. The combination of extensive data and advanced modeling also contributes to improved energy affordability by enabling cost-efficient decision-making that helps reduce risk at a lower cost for customers. "Our commitment goes beyond reacting to climate challenges. We are focused on anticipating and preparing for them," said Caroline Winn, SDG&E's Chief Executive Officer. "By leveraging strategic investments, collaborations and community engagement, SDG&E is building the industry leading platform to support a more sustainable, resilient energy grid that is better prepared to meet the challenges of today and tomorrow." The Wildfire and Climate Resilience Center also serves as SDG&E's new Emergency Operations Center, a critical hub during extreme weather events and major disasters. Equipped with advanced communication and coordination tools, the center is designed to enhance safety for employees and the public. The company's Wildfire and Climate Resilience Center is a centralized focal point of SDG&E's climate resilience strategy:
Beyond immediate operations, the Wildfire and Climate Resilient Center plays a vital role in inspiring future energy professionals, advancing wildfire and climate science, and engaging local youth in climate resilience education through a new Resilience Zone. This fun and engaging learning center includes three climate science labs, and a series of interactive exhibits designed to educate young students and partner with academia to advance and share wildfire and climate science as it relates to the energy grid. To learn more about SDG&E's wildfire safety initiatives, visit sdge.com/wildfire-safety. About SDG&E This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions about the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statement. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise. In this press release, forward-looking statements can be identified by words such as "believe," "expect," "intend," "anticipate," "contemplate," "plan," "estimate," "project," "forecast," "envision," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "preliminary," "initiative," "target," "outlook," "optimistic," "poised," "positioned," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations. Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include: California wildfires, including potential liability for damages regardless of fault and any inability to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, rates from customers or a combination thereof; decisions, investigations, inquiries, regulations, denials or revocations of permits, consents, approvals or other authorizations, renewals of franchises, and other actions, including the failure to honor contracts and commitments, by the (i) California Public Utilities Commission (CPUC), U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, U.S. Internal Revenue Service and other regulatory bodies and (ii) U.S. and states, counties, cities and other jurisdictions therein where we do business; the success of business development efforts and construction projects, including risks related to (i) completing construction projects or other transactions on schedule and budget, (ii) realizing anticipated benefits from any of these efforts if completed, (iii) obtaining third-party consents and approvals and (iv) third parties honoring their contracts and commitments; macroeconomic trends or other factors that could change our capital expenditure plans and their potential impact on rate base or other growth; litigation, arbitration and other proceedings, and changes (i) to laws and regulations, including those related to tax and trade policy and (ii) due to the results of elections; cybersecurity threats, including by state and state-sponsored actors, of ransomware or other attacks on our systems or the systems of third parties with which we conduct business, including the energy grid or other energy infrastructure; the availability, uses, sufficiency, and cost of capital resources and our ability to borrow money on favorable terms and meet our obligations, including due to (i) actions by credit rating agencies to downgrade our credit ratings or place those ratings on negative outlook, (ii) instability in the capital markets, or (iii) rising interest rates and inflation; the impact on affordability of our customer rates and our cost of capital and on our ability to pass through higher costs to customers due to (i) volatility in inflation, interest rates and commodity prices and (ii) the cost of meeting the demand for lower carbon and reliable energy in California; the impact of climate policies, laws, rules, regulations, trends and required disclosures, including actions to reduce or eliminate reliance on natural gas, increased uncertainty in the political or regulatory environment for California natural gas distribution companies, the risk of nonrecovery for stranded assets, and uncertainty related to emerging technologies; weather, natural disasters, pandemics, accidents, equipment failures, explosions, terrorism, information system outages or other events, such as work stoppages, that disrupt our operations, damage our facilities or systems, cause the release of harmful materials or fires or subject us to liability for damages, fines and penalties, some of which may not be recoverable through regulatory mechanisms or insurance or may impact our ability to obtain satisfactory levels of affordable insurance; the availability of electric power, natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid, pipeline system or limitations on the withdrawal of natural gas from storage facilities; and other uncertainties, some of which are difficult to predict and beyond our control. These risks and uncertainties are further discussed in the reports that the company has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements. Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor Electric Delivery Company LLC (Oncor) and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, San Diego Gas & Electric Company or Southern California Gas Company, and Sempra Infrastructure, Sempra Infrastructure Partners, Sempra Texas, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC. SOURCE San Diego Gas & Electric (SDG&E) For further information: Media Contact: Roland Franklin, SDG&E, (877) 866-2066, SDGEnews.com, sdgecommunications@sdge.com
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