CenterPoint Energy Announces a Comprehensive Suite of New Actions as Part of Second Phase of Greater Houston Resiliency Initiative to Strengthen the Electric Grid Across the Region
CenterPoint Energy has announced a comprehensive suite of new actions as part of the second phase of its Greater Houston Resiliency Initiative (GHRI) to strengthen the electric grid across the region. The near-term actions, to be completed before the 2025 hurricane season, include:
- Installing 25,000 new, stronger poles
- Removing or trimming 4,000 miles of higher-risk vegetation
- Installing 4,500 automated reliability devices
- Undergrounding more than 400 miles of power lines
These actions aim to enable a self-healing grid, reduce outages, and lead to more than 125 million fewer outage minutes annually for customers in the Greater Houston area. CenterPoint Energy also plans to refile its long-term resiliency plan with the PUCT by January 31, 2025, proposing to invest at least $5 billion from 2026 to 2028 as part of a larger $21 billion capital investment plan for its Texas electric and gas systems from 2025 through 2030.
CenterPoint Energy ha annunciato un ampio insieme di nuove azioni come parte della seconda fase della sua Iniziativa di Resilienza del Grande Houston (GHRI) per rafforzare la rete elettrica nella regione. Le azioni a breve termine, che devono essere completate prima della stagione degli uragani del 2025, includono:
- Installazione di 25.000 nuovi pali più robusti
- Rimozione o potatura di 4.000 miglia di vegetazione ad alto rischio
- Installazione di 4.500 dispositivi di affidabilità automatizzati
- Interramento di oltre 400 miglia di linee elettriche
Queste azioni mirano a creare una rete auto-guarente, ridurre le interruzioni e portare a più di 125 milioni di minuti di interruzioni in meno all'anno per i clienti dell'area del Grande Houston. CenterPoint Energy prevede anche di ripresentare il suo piano di resilienza a lungo termine con la PUCT entro il 31 gennaio 2025, proponendo di investire almeno 5 miliardi di dollari dal 2026 al 2028 come parte di un più ampio piano di investimento di capitali da 21 miliardi di dollari per i suoi sistemi elettrici e gasistici del Texas dal 2025 al 2030.
CenterPoint Energy ha anunciado un conjunto integral de nuevas acciones como parte de la segunda fase de su Iniciativa de Resiliencia de Greater Houston (GHRI) para fortalecer la red eléctrica en la región. Las acciones a corto plazo, que se completarán antes de la temporada de huracanes de 2025, incluyen:
- Instalación de 25,000 nuevos postes más fuertes
- Eliminación o recorte de 4,000 millas de vegetación de alto riesgo
- Instalación de 4,500 dispositivos de confiabilidad automatizados
- Enterrar más de 400 millas de líneas eléctricas
Estas acciones tienen como objetivo permitir una red autorreparable, reducir las interrupciones y llevar a más de 125 millones de minutos de interrupción menos anualmente para los clientes en el área de Greater Houston. CenterPoint Energy también planea volver a presentar su plan de resiliencia a largo plazo ante la PUCT antes del 31 de enero de 2025, proponiendo invertir al menos 5 mil millones de dólares de 2026 a 2028 como parte de un plan de inversión de capital de 21 mil millones de dólares para sus sistemas eléctricos y de gas de Texas desde 2025 hasta 2030.
CenterPoint Energy는 지역 전력망을 강화하기 위해 Greater Houston Resiliency Initiative(GHRI) 두 번째 단계의 일환으로 새로운 행동 계획을 발표했습니다. 2025년 허리케인 시즌 이전에 완료할 단기 조치는 다음과 같습니다:
- 25,000개의 새로운 강한 기둥 설치
- 위험이 높은 식물 군락 4,000마일 제거 또는 가지치기
- 4,500개의 자동 신뢰성 장치 설치
- 400마일 이상의 전력선 지중화
이러한 조치는 자가 치유 전력망을 가능하게 하고, 정전을 줄이며, Greater Houston 지역의 고객에게 연간 1억 2500만 분 이상의 정전 시간을 줄이는 것을 목표로 하고 있습니다. CenterPoint Energy는 또한 2025년 1월 31일까지 PUCT에 장기 회복력 계획을 다시 제출할 예정이며, 2026년부터 2028년까지 50억 달러 이상를 투자할 계획입니다. 또한 2025년부터 2030년까지 텍사스 전기 및 가스 시스템을 위한 총 210억 달러의 자본 투자 계획의 일환으로 제안할 것입니다.
CenterPoint Energy a annoncé un ensemble complet de nouvelles actions dans le cadre de la deuxième phase de son Initiative de Résilience du Grand Houston (GHRI) pour renforcer le réseau électrique de la région. Les actions à court terme, qui doivent être réalisées avant la saison des ouragans de 2025, comprennent :
- Installation de 25 000 nouveaux poteaux plus résistants
- Élimination ou taille de 4 000 miles de végétation à haut risque
- Installation de 4 500 dispositifs de fiabilité automatisés
- Enterrement de plus de 400 miles de lignes électriques
Ces actions visent à permettre la création d'un réseau auto-réparateur, à réduire les pannes et à entraîner plus de 125 millions de minutes de pannes en moins par an pour les clients de la région du Grand Houston. CenterPoint Energy prévoit également de soumettre à nouveau son plan de résilience à long terme à la PUCT d'ici le 31 janvier 2025, en proposant d'investir au moins 5 milliards de dollars de 2026 à 2028 dans le cadre d'un plus grand plan d'investissement en capitaux de 21 milliards de dollars pour ses systèmes électriques et gaziers au Texas de 2025 à 2030.
CenterPoint Energy hat eine umfassende Reihe neuer Maßnahmen im Rahmen der zweiten Phase seiner Greater Houston Resiliency Initiative (GHRI) angekündigt, um das elektrische Netzwerk in der Region zu stärken. Die kurzfristigen Maßnahmen, die vor der Hurrikansaison 2025 abgeschlossen sein sollen, umfassen:
- Installation von 25.000 neuen, stabileren Masten
- Entfernung oder Beschneidung von 4.000 Meilen riskanter Vegetation
- Installation von 4.500 automatisierten Zuverlässigkeitsgeräten
- Verkabelung von über 400 Meilen Stromleitungen
Diese Maßnahmen zielen darauf ab, ein selbstheilendes Netz zu ermöglichen, die Ausfälle zu reduzieren und jährlich mehr als 125 Millionen Ausfallminuten für Kunden im Großraum Houston einzusparen. CenterPoint Energy plant auch, seinen langfristigen Resilienzplan bis zum 31. Januar 2025 erneut bei der PUCT einzureichen und schlägt vor, mindestens 5 Milliarden Dollar von 2026 bis 2028 zu investieren, als Teil eines größeren 21 Milliarden Dollar Kapitalinvestitionsplans für seine elektrischen und gasbetriebenen Systeme in Texas von 2025 bis 2030.
- Installation of 25,000 new, stronger poles to improve grid resilience
- Trimming or removing higher-risk vegetation across 4,000 miles of power lines
- Installation of 4,500 automation devices to build a self-healing grid
- Planned investment of at least $5 billion from 2026 to 2028 for infrastructure improvements
- Total capital investment plan of more than $21 billion for Texas electric and gas systems from 2025 through 2030
- None.
Insights
CenterPoint Energy's announcement of its Greater Houston Resiliency Initiative (GHRI) Phase Two is a significant development with potential long-term implications for the company's financial performance and risk profile. The comprehensive suite of actions, including installing 25,000 new poles, trimming 4,000 miles of vegetation and installing 4,500 automated devices, represents a substantial investment in grid resilience.
The company's commitment to invest
Investors should monitor how these investments translate into operational improvements and financial performance, particularly in terms of reduced outage minutes and potential regulatory outcomes. The initiative's success could strengthen CenterPoint's competitive position and long-term value proposition in the utility sector.
CenterPoint Energy's GHRI Phase Two represents a significant advancement in grid modernization and resilience. The focus on a "self-healing grid" through the installation of 4,500 trip savers and 350 Intelligent Grid Switching Devices is particularly innovative. These technologies can dramatically reduce outage duration and frequency, potentially leading to over 125 million fewer outage minutes annually.
The commitment to underground 400 miles of power lines is also noteworthy, as this can significantly reduce weather-related outages. However, undergrounding is expensive and can complicate maintenance, so the cost-benefit ratio will be important to monitor.
The emphasis on vegetation management (4,000 miles) and stronger poles (25,000) addresses key vulnerabilities in overhead systems. These measures, combined with the automation technologies, create a multi-layered approach to grid resilience that aligns with best practices in the industry.
Overall, this initiative positions CenterPoint as a leader in coastal grid resilience, which could serve as a model for other utilities facing similar climate-related challenges.
Near-term actions will include:
- Installing 25,000 new, stronger poles
- Removing or trimming 4,000 miles of higher-risk vegetation
- Installing 4,500 automated reliability devices
Actions will be completed ahead of the 2025 hurricane season.
The actions in GHRI Phase Two will help enable a self-healing grid, reduce the length and frequency of outages and lead to more than 125 million fewer outage minutes annually for customers in the
- Installing new or replacing 25,000 poles that meet extreme wind standards
- Trimming or removing higher-risk vegetation across 4,000 miles of power lines
- Installing 4,500 automation devices, known as trip savers, and 350 Intelligent Grid Switching Devices as part of our effort to build a self-healing grid that utilizes automation to respond to outages faster
- Undergrounding more than 400 miles of power lines
- Launching a year-round public emergency preparedness and safety communications campaign
- Strengthening our local partnerships with agencies and partners critical to our emergency response efforts
"We know how important reliable and resilient energy is to our 2.8 million customers and that the
"We are proud of the immediate resiliency improvements we delivered during Phase One of the Greater Houston Resiliency Initiative and these actions were only the beginning. We have set ambitious goals to achieve even further enhancements to our resiliency before the 2025 hurricane season. We are committed to developing the self-healing grid of the future that our customers expect and deserve," said Wells.
The actions CenterPoint has taken, and will continue to take, are designed to address its customers' major concerns following Hurricane Beryl by lessening the impact and duration of storm-related outages, improving its restoration efforts and communications, while also advancing the day-to-day reliability of its grid. Since August 17, CenterPoint has held 19 community open houses for its customers and community advocates, as well as numerous listening sessions with local officials and community leaders to help ensure the Phase Two actions address stakeholder concerns.
CenterPoint will track its progress towards completing all of its GHRI commitments at www.CenterPointEnergy.com/TakingAction.
Continuing the Momentum of GHRI Phase One
On August 28, CenterPoint announced that it had completed, ahead of schedule, a series of core resiliency actions as part of the first phase of its GHRI. During this initial phase, more than 2,500 employees and contractors trimmed or removed higher-risk vegetation from more than 2,000 power line miles, installed more than 1,100 stronger, more storm-resilient poles and installed more than 300 automated devices known as trip savers. In addition to the launch of its new outage tracker and the completion of 40 of its original 42 commitments, including all of those with a deadline on or before September 30, these actions represent meaningful, real-world resiliency improvements for its customers this hurricane season.
Longer-Term Commitment to Resiliency and Investment
Beyond the near-term actions of GHRI Phase Two, CenterPoint will refile its long-term resiliency plan with the PUCT on or before January 31, 2025. The goal of the long-term resiliency plan is to mitigate a broad spectrum of risks that threaten its system by hardening key aspects of the infrastructure, enhancing the security of the grid and building a smarter grid that can combat extreme weather, major storms and hurricanes to reduce the impact of outages experienced by its customers and mitigate wildfire risk.
As part of the long-term plan, CenterPoint will also propose investing at least
About CenterPoint Energy, Inc.
As the only investor-owned electric and gas utility based in
Forward-looking Statements
This news release, as well as the website pages related to the GHRI, includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this news release or the website pages related to the GHRI, the words "anticipate," "believe," "continue," "could," "estimate," "expect," "forecast," "goal," "intend," "may," "objective," "plan," "potential," "predict," "projection," "should," "target," "will" or other similar words are intended to identify forward-looking statements. These forward-looking statements, which include statements regarding our resiliency investments, and the GHRI, including effectiveness, timing and related matters, are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. Any statements in this news release or the website pages related to the GHRI regarding future events that are not historical facts are forward-looking statements. Each forward-looking statement contained in this news release or the website pages related to the GHRI speaks only as of the date of this release. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) the impact of pandemics, including the COVID-19 pandemic; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory and legislative decisions; and (5) other factors, risks and uncertainties discussed in CenterPoint Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and CenterPoint's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2024 and June 30, 2024 and other reports CenterPoint Energy or its subsidiaries may file from time to time with the Securities and Exchange Commission.
For more information, contact:
Communications
Media.Relations@CenterPointEnergy.com
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SOURCE CenterPoint Energy
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