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New York’s Con Edison invests $2.3bn into grid resilience

Smart Energy International

New York’s Consolidated Edison, one of the largest investor-owned energy companies in the US, has invested $2.3 In Westchester County, investments to improve the reliability of overhead lines in New Rochelle, Larchmont and the villages within Mount Pleasant.

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Seven ways to inform better decisions with TCFD reporting

GreenBiz

Seven ways to inform better decisions with TCFD reporting. The Task Force on Climate-related Financial Disclosures (TCFD) is helping to bring transparency to climate risk throughout capital markets, with the aim of making markets more efficient and economies more stable and resilient. . Steven Bullock. Mon, 09/28/2020 - 00:00.

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Climate resilience must be guiding principle of urban development, argues new report

Envirotec Magazine

A new report, ‘Risk & Resilience: The role of cities in tackling the climate crisis’ , argues that climate resilience must be embraced as a guiding principle across urban development, given the extreme exposure of cities to climate risk.

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US DOE to fund resilience tech for energy infrastructure

Smart Energy International

The US Department of Energy (DOE) has announced $70 million in funding to support research into resilience technologies to reduce risks to energy infrastructure from a variety of hazards, including cyber and physical threats, natural disasters and climate-change fueled extreme weather events. Granholm. “As

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London borough installs gully sensors to build flood resilience

Envirotec Magazine

Redbridge Council has invested in nearly 100 gully sensors, which have been installed in flood prone parts of the borough to create a smart drainage system that monitors gully drains for blockages. The sensors provide real-time data alerting the council to potentially problematic drains.

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Enel unveils plan for €18.6bn grid investment 

Smart Energy International

Italy’s Enel Group has announced a new investment strategy for the period 2024-2026, doubling down on grid investments and being more selective in renewables. The nearly €19 billion for grid investments will focus on improving quality, resiliency and digitalisation of the power grid, alongside new connections.

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AI software company raises $2.5M for grid resiliency

Smart Energy International

Rhizome, a climate resilience planning platform for the power grid, announced its official launch, initial institutional capital raise of $2.5 Rhizome’s veteran team is focused on helping utilities and regulators make the grid more resilient without significant cost increases for communities.