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Energy Industry Confident Of Its Resilience To Hurricane Dorian

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FROM: Forbes

There’s no denying that Hurricane Dorian, a Florida-bound Category 4 storm with winds blowing upwards of 150 miles per hour, is likely to make a mess out of the state, tearing down power lines, disrupting fuel supplies, and causing price spikes of gasoline, diesel, and potentially wholesale electricity.

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But the energy industry promises the recovery, highly coordinated among industry groups and Washington, should be the least painful in history for nearly 20 million Floridians in Dorian’s path.

The electric industry nationwide made $120 billion in capital expenditures in 2018, which includes storm preparedness and recovery to harden the grid.

“It doesn’t mean that you won’t have power outages, but it does mean the business of restoration can happen more quickly,” Scott Aaronson, Edison Electric Institute’s vice president of security and preparedness, told Forbes.

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SOURCE: Forbes

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