In the past decade, United States (US) federal, state, and local governments; insurance companies; businesses; and citizens have spent $350 billion on extreme weather and fire events. A Government Accountability Office report estimates that sea level rise and more frequent, intense storms will cause between $4 to $6 billion in coastal property damage between 2020 and 2039. How utilities respond will define cities’ futures and set an example for other countries dealing with similar challenges.
According to a September 2017 study by the US National Academy of Sciences, New York can now expect 7.5-foot floods every five years by 2030. Consolidated Edison (Con Ed) is preparing for this future by reexamining their investment priorities in the context of the climate change induced sea level rise and the latest 100-year storm data from the Federal Emergency Management Agency (FEMA). Evidence-based hardening practices have led Con Ed to invest in a variety of physical, telecommunications, digital, and process measures across its territory to prepare for the extreme weather challenges of the next two decades.
Join Greentech Media as they host Manuel Pimenta, Sr. Engineer from Con Edison, and Andre Smit, Engineering Manager from Siemens Digital Grid, to discuss the effects of Superstorm Sandy on the resiliency-first mindset five years on, including:
- Perspective on Con Ed’s approach to rebuilding crippled infrastructure
- How to scrutinize processes, including recovery, preparation, and planning for responses to even bigger storms
- Techniques to incorporate legacy systems with newer, rapidly-changing technology
- How utilities can work with other public and private stakeholders to cope with the threat of intensified storms