Stock Market News

Hawaiian Electric discussing new policy to mitigate wildfire risks

2023.11.03 20:57


© 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.

Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 95,584.61 0.35%
ethereum
Ethereum (ETH) $ 2,670.18 2.77%
xrp
XRP (XRP) $ 2.56 3.84%
tether
Tether (USDT) $ 0.999661 0.05%
bnb
BNB (BNB) $ 647.68 3.04%
solana
Solana (SOL) $ 169.33 4.69%
usd-coin
USDC (USDC) $ 1.00 0.00%
dogecoin
Dogecoin (DOGE) $ 0.251102 2.87%
cardano
Cardano (ADA) $ 0.751698 7.18%
staked-ether
Lido Staked Ether (STETH) $ 2,668.61 2.92%
tron
TRON (TRX) $ 0.239634 0.48%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,283.53 0.57%
chainlink
Chainlink (LINK) $ 17.86 6.69%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,187.87 2.76%
stellar
Stellar (XLM) $ 0.323175 3.31%
litecoin
Litecoin (LTC) $ 129.72 6.06%
avalanche-2
Avalanche (AVAX) $ 23.49 6.26%
sui
Sui (SUI) $ 3.06 5.06%
ugold-inc
UGOLD Inc. (UGOLD) $ 3,038.39 0.08%
the-open-network
Toncoin (TON) $ 3.67 2.46%
leo-token
LEO Token (LEO) $ 9.78 0.24%
usds
USDS (USDS) $ 1.00 0.03%
shiba-inu
Shiba Inu (SHIB) $ 0.000015 3.42%
hedera-hashgraph
Hedera (HBAR) $ 0.206898 2.72%
hyperliquid
Hyperliquid (HYPE) $ 24.01 5.53%
weth
WETH (WETH) $ 2,668.77 2.82%
mantra-dao
MANTRA (OM) $ 7.56 4.56%
polkadot
Polkadot (DOT) $ 4.76 2.66%
bitcoin-cash
Bitcoin Cash (BCH) $ 316.10 2.49%
ethena-usde
Ethena USDe (USDE) $ 0.999258 0.08%
uniswap
Uniswap (UNI) $ 9.61 3.11%
bitget-token
Bitget Token (BGB) $ 4.70 6.91%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,828.61 2.76%
monero
Monero (XMR) $ 237.03 0.75%
whitebit
WhiteBIT Coin (WBT) $ 27.24 0.25%
pepe
Pepe (PEPE) $ 0.000009 8.48%
ondo-finance
Ondo (ONDO) $ 1.20 2.82%
aave
Aave (AAVE) $ 249.20 5.87%
near
NEAR Protocol (NEAR) $ 3.14 4.03%
mantle
Mantle (MNT) $ 1.04 2.46%
susds
sUSDS (SUSDS) $ 1.03 1.29%
dai
Dai (DAI) $ 0.999972 0.01%
aptos
Aptos (APT) $ 5.62 5.00%
official-trump
Official Trump (TRUMP) $ 16.36 4.88%
internet-computer
Internet Computer (ICP) $ 6.76 4.30%
bittensor
Bittensor (TAO) $ 374.60 3.72%
ethereum-classic
Ethereum Classic (ETC) $ 20.17 3.45%
okb
OKB (OKB) $ 49.24 2.57%
gatechain-token
Gate (GT) $ 22.39 3.28%
tokenize-xchange
Tokenize Xchange (TKX) $ 34.41 4.72%