Nearly 100 utilities’ credit ratings downgraded since 2020 as wildfire risks grow
The article explains how nearly 100 utility companies have had their credit ratings downgraded since 2020 due to increased wildfire risks. This has made it...
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Transmission has long been the backbone of electrical grids, but stakeholders across the industry agree it is now a critical component of the energy transition. Significant investments in transmission facilities–estimated to be hundreds of billions of dollars by 2030–are required to meet strong demand, maintain reliability, and improve grid resiliency while connecting new resources to existing load centers and upgrading aging infrastructure. These efforts are complicated by a growing need to focus on capital expenditures, extreme weather resilience, and cybersecurity. Transmission owners and RTOs are pressed to effectively manage these challenges while planning for additional capacity in an economical and equitable manner.
CRA’s team has a successful track record of assisting clients with transmission planning, capital program strategy and execution, regulatory compliance, and wholesale ratemaking. CRA experts possess extensive expertise in transaction due diligence and have assisted investors of all size understand the regulatory risks, opportunities, and cost recovery dynamics for billions of dollars in transmission assets. Whether helping clients navigate complex regulatory environments or making informed capital management decisions, CRA provides guidance on how to optimize capital allocation, assess cost recovery mechanisms, and improve project execution. Engaging CRA’s Transmission Services experts ensures solutions you can trust, backed by decades of end-to-end experience in addressing these critical challenges.
The article explains how nearly 100 utility companies have had their credit ratings downgraded since 2020 due to increased wildfire risks. This has made it...
Wildfires are posing an escalating risk for electric utilities, with natural disasters becoming more frequent and severe due to climate change, forest...