Collaboration Leverages Technosylva's Advanced
AI and Machine Learning to Strengthen Resilience and Prepare for
Extreme Weather
HOUSTON, Oct. 8, 2024
/PRNewswire/ -- CenterPoint Energy, a leading electric and
natural gas utility serving Texas,
Indiana, Ohio, Louisiana, Minnesota and Mississippi, today announced an agreement to
work with Technosylva, a global leader in wildfire science and
extreme weather risk mitigation solutions, to utilize predictive
analytics and artificial intelligence to better prepare
CenterPoint's assets in extreme weather prone regions.
The two companies have signed a Memorandum of Understanding
(MOU) enabling CenterPoint to leverage Technosylva's leading
extreme weather risk predictive analytics and mitigation solutions
throughout CenterPoint's entire network and will focus on an
all-weather hazards approach. The collaboration is part of
CenterPoint's $21 billion commitment
over the next five years to electric and natural gas resilience
initiatives, including improved reliability and system
modernization.
"Our defining goal is to build the most resilient coastal grid
in the country that can better withstand the extreme weather that
we continue to see impact our nation, and I believe that our work
with Technosylva will help us achieve this ambition," said
Jason Wells, President and CEO of
CenterPoint. "Technosylva's world class, predictive analytics and
mitigation platform for extreme weather events and wildfires,
combined with their market-leading software and AI and Machine
Learning-based tools, will provide us with more timely and accurate
insights into threats to our infrastructure. This is a key step
toward achieving our goal of becoming a national leader in utility
resilience and emergency preparedness and response."
Technosylva's risk monitoring platform integrates
high-resolution modeling, predictive analytics, and real-time data
to offer actionable insights into extreme weather events and
threats to network assets. The company's software performs hundreds
of millions of extreme weather simulations daily to generate
current and near-term risk forecasts available in real time,
allowing its customers to predict and identify areas of concern and
proactive steps to reduce outages.
"As utilities work to harden the power grid for increasingly
common extreme weather events, it's critical they have the most
accurate and timely intelligence possible to plan, prepare and
protect their networks to be able to keep the lights on for their
customers," said Bryan Spear, CEO of
Technosylva. "We are thrilled to work with the CenterPoint Energy
leadership team as they work to continue to deliver resilient,
reliable, safe, and sustainable energy to their customers."
About CenterPoint Energy, Inc.
As the only
investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is
an energy delivery company with electric transmission and
distribution, power generation and natural gas distribution
operations that serve more than 7 million metered customers in
Indiana, Louisiana, Minnesota, Mississippi, Ohio and Texas. With approximately 9,000 employees,
CenterPoint Energy and its predecessor companies have been in
business for more than 150 years. For more information, visit
CenterPointEnergy.com.
About Technosylva
Technosylva is the global leader in
wildfire science and technology, operationalizing wildfire science
to provide actionable risk analysis and mitigation solutions. Its
wildfire risk mitigation platform is utilized by fire agencies and
electric utilities worldwide to manage over 20,000 wildfire
incidents annually. Technosylva's market-leading software, enhanced
by AI and machine learning capabilities, provides real-time and
predictive insights into developing environmental risks. Founded in
1997, Technosylva has offices in La
Jolla, CA, León, Spain, and
Calgary, Canada.
For more information, contact
Communications
Media.Relations@CenterPointEnergy.com
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SOURCE CenterPoint Energy