Wildfire Mitigation Plans
Driving wildfire mitigation planning with predictive risk management
According to a recent Congressional report, the annual economic burden of wildfires reaches as high as $893 billion. By mid-century, the risk of wildfires could increase six-fold in some areas (see map).
As wildfires increase in frequency and in cost to the U.S. economy, utilities are under increasing pressure to escalate their mitigation efforts—both from regulatory bodies and from concerned stakeholders. Logic20/20 taps into the power of AI and machine learning to help utility providers assess wildfire risks, fine-tune their response plans to reduce risk, and meet compliance obligations to report on their wildfire mitigation plans (WMPs).
Risk intelligence: Aligning on goals and requirements
Realizing positive ROI from wildfire mitigation initiatives and programs requires alignment on the goals and requirements of risk intelligence capabilities:
STRATEGY
- Risk assessment & wildfire mitigation strategy
- Situational awareness & forecasting from wildfire risk modeling
GRID
- Grid design, inspections & maintenance
- Grid operations & protocols
EXECUTION
- Vegetation management & inspections
- Asset health monitoring & inspections
- Emergency preparedness & community engagement
- Modern risk modeling tools and techniques
Wildfire mitigation plan outcomes
Improved reliability – SAIDI and SAIFI
Reduced risk of catastrophic wildfire
Improved ROI of strategic grid investment and hardening
Increased preparedness to meet new regulatory requirements
It all starts with predictive risk modeling
Logic20/20 provides an enterprise risk management framework to guide your utility in operationalizing predictive insights. The same principles apply to wildfire risk mitigation as to other risk modeling.
Identify
risk using process and tools.
Analyze
with data insights and expert input.
Evaluate
mitigations, efficacy, and timeframes.
Prioritize
risks and mitigations.
Respond
to risk.
Monitor
remaining or residual risk.
Wildfire Mitigation Planner
Data integration
- Vegetation
- Climate projections
- Customer systems
- Weather
- Asset information
- Fire simulation
Investment outcomes
- ROI: Investment dollars meaningfully reduce wildfire risk
- Reliability: Fewer unplanned outages and failures
- Safer communities: Lives and communities protected with wildfire risk reduction
What are your challenges? Let’s talk through the solutions.