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Greater Houston Resiliency Initiative Progress Update: CenterPoint Energy Makes Significant Advances on Critical Resiliency Actions

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CenterPoint Energy has released its first progress update on Phase Two of the Greater Houston Resiliency Initiative (GHRI). In the first two months, the company has installed nearly 4,600 storm-resilient poles, placed over 100 miles of power lines underground, cleared more than 800 miles of hazardous vegetation, and installed self-healing automation devices. The initiative aims to reduce outage minutes by 125 million annually and build the most resilient coastal grid nationwide. Additionally, the company has completed all 42 critical actions committed post-Hurricane Beryl, including trimming vegetation from 2,000+ power line miles and installing 1,100+ storm-resilient poles.

CenterPoint Energy ha pubblicato il suo primo aggiornamento sui progressi della Fase Due dell'Iniziativa di Resilienza della Grande Houston (GHRI). Nei primi due mesi, l'azienda ha installato quasi 4.600 pali resistenti alle tempeste, posato oltre 100 miglia di linee elettriche interrate, rimosso più di 800 miglia di vegetazione pericolosa e installato dispositivi di automazione autoguarenti. L'iniziativa si prefigge di ridurre i minuti di interruzione di 125 milioni all'anno e di costruire la rete costiera più resiliente a livello nazionale. Inoltre, l'azienda ha completato tutte le 42 azioni critiche promesse dopo l'uragano Beryl, tra cui la potatura della vegetazione su oltre 2.000 miglia di linee elettriche e l'installazione di oltre 1.100 pali resistenti alle tempeste.

CenterPoint Energy ha publicado su primera actualización de progreso sobre la Fase Dos de la Iniciativa de Resiliencia de la Gran Houston (GHRI). En los primeros dos meses, la empresa ha instalado casi 4,600 postes resistentes a tormentas, colocado más de 100 millas de líneas eléctricas subterráneas, despejado más de 800 millas de vegetación peligrosa e instalado dispositivos de automatización de auto-reparación. La iniciativa tiene como objetivo reducir los minutos de interrupción en 125 millones anualmente y construir la red costera más resiliente a nivel nacional. Además, la compañía ha completado las 42 acciones críticas comprometidas después del huracán Beryl, incluyendo el recorte de vegetación de más de 2,000 millas de líneas eléctricas y la instalación de más de 1,100 postes resistentes a tormentas.

CenterPoint Energy는 그레이터 휴스턴 회복력 이니셔티브(GHRI) 2단계에 대한 첫 번째 진행 상황 업데이트를 발표했습니다. 첫 두 달 동안 이 회사는 거의 4,600개의 폭풍 저항성 전봇을 설치하고, 100마일 이상의 전선 지중화 작업을 수행하며, 800마일 이상의 유해 식물을 제거하고, 자가 치유 자동화 장치를 설치했습니다. 이 이니셔티브는 연간 1억 2,500만 분의 정전 시간을 줄이고 전국에서 가장 회복력 있는 해안 그리드를 구축하는 것을 목표로 하고 있습니다. 또한, 이 회사는 허리케인 베릴 이후 약속한 42개의 중요한 조치를 모두 완료했으며, 여기에는 2,000마일 이상의 전선에서 식물을 가지치기하고 1,100개 이상의 폭풍 저항성 전봇을 설치하는 것이 포함됩니다.

CenterPoint Energy a publié sa première mise à jour sur les progrès de la Phase Deux de l'Initiative de Résilience de la Grande Houston (GHRI). Au cours des deux premiers mois, la société a installé près de 4 600 poteaux résistant aux tempêtes, placé plus de 100 miles de lignes électriques sous terre, déblayé plus de 800 miles de végétation dangereuse et installé des dispositifs d'automatisation auto-réparateurs. L'initiative vise à réduire les minutes de coupure de 125 millions par an et à construire le réseau côtier le plus résilient du pays. De plus, la société a terminé les 42 actions critiques promises après l'ouragan Beryl, y compris l'élagage de la végétation sur plus de 2 000 miles de lignes électriques et l'installation de plus de 1 100 poteaux résistant aux tempêtes.

CenterPoint Energy hat sein erstes Fortschrittsupdate zur Phase Zwei der Greater Houston Resiliency Initiative (GHRI) veröffentlicht. In den ersten zwei Monaten hat das Unternehmen fast 4.600 sturmresistente Masten installiert, über 100 Meilen Stromleitungen unterirdisch verlegt, mehr als 800 Meilen gefährlicher Vegetation gerodet und selbstheilende Automatisierungsgeräte installiert. Ziel der Initiative ist es, die Ausfallzeiten um jährlich 125 Millionen Minuten zu reduzieren und das widerstandsfähigste Küstennetz des Landes zu schaffen. Darüber hinaus hat das Unternehmen alle 42 kritischen Maßnahmen abgeschlossen, die nach dem Hurrikan Beryl zugesagt wurden, einschließlich der Pflege von mehr als 2.000 Meilen Stromleitungen und der Installation von über 1.100 sturmresistenten Masten.

Positive
  • Implementation of infrastructure improvements that will reduce annual outage minutes by 125 million
  • Completed installation of 4,600 storm-resilient poles and 100+ miles of underground power lines
  • Early completion of all 42 post-Hurricane Beryl commitments
  • Installation of automated reliability devices to minimize sustained interruptions
Negative
  • None.

Insights

The comprehensive grid resilience initiative represents a significant infrastructure investment with measurable operational benefits. The installation of 4,600 storm-resilient poles and undergrounding of 100+ miles of power lines will substantially reduce vulnerability to extreme weather events. The deployment of self-healing automation devices and 4,500 automated reliability devices indicates a strategic shift toward smart grid capabilities.

The projected reduction of 125 million outage minutes annually translates to improved reliability metrics (SAIDI/SAIFI) and potential regulatory benefits. The completion of all 42 post-Hurricane Beryl commitments ahead of schedule demonstrates strong execution capability and regulatory compliance. These infrastructure improvements should lead to reduced maintenance costs and improved operational efficiency over the long term.

This initiative significantly reduces CenterPoint's operational and financial exposure to extreme weather events. The multi-layered approach combining physical infrastructure hardening, vegetation management and smart grid technology creates a robust risk mitigation framework. The proactive stance on grid resilience could positively impact insurance premiums and regulatory relationships.

The enhanced weather monitoring network and improved communication systems indicate better preparedness for future disasters, potentially reducing recovery costs and regulatory scrutiny. These improvements position CNP favorably in terms of ESG metrics, particularly in the governance and risk management categories, which could attract sustainability-focused investors.

Company has installed or replaced nearly 4,600 stronger storm-resilient poles; cleared more than 800 miles of higher-risk vegetation; undergrounded more than 100 miles of power lines; and installed dozens of new, intelligent grid switching devices

HOUSTON, Nov. 19, 2024 /PRNewswire/ -- CenterPoint Energy today released the first of its public progress updates on the actions being taken throughout the Greater Houston 12-county area as part of Phase Two of its Greater Houston Resiliency Initiative (GHRI). In the first two months of the program, and in preparation for the 2025 hurricane season, CenterPoint has installed nearly 4,600 storm-resilient poles designed to better withstand extreme winds; installed more than 100 miles of power lines underground to reduce the impact of extreme weather; cleared more than 800 miles of hazardous vegetation to improve reliability; and installed more self-healing automation devices to help improve overall restoration times. CenterPoint is taking all of these actions and enhancements as part of the company's goal of building the most resilient coastal grid in the nation.

"This summer, we accomplished a significant level of increased system hardening in the first phase of the Greater Houston Resilience Initiative. Since then, as we have been fully engaged in delivering the additional set of actions in our second phase of GHRI, we continue to make significant progress as we work toward our ultimate goal of becoming the most resilient coastal grid in the country. Now, and in the months to come, we will remain laser-focused on completing these critical resiliency actions and building the more reliable and more resilient energy system our customers expect and deserve," said Darin Carroll, CenterPoint Energy Senior Vice President of CenterPoint Energy's Electric Business.

GHRI Phase Two: Progress Update
CenterPoint announced on September 30 the launch of Phase Two of the GHRI, which included a series of actions to strengthen resiliency, enable a self-healing grid and reduce the duration and impact of power outages. Through early November, significant progress has been made across its service area, including:

Near-Term Actions to Improve Resiliency

GHRI Phase Two: Looking Ahead
As part of the second phase of GHRI, which runs through May 31, 2025, CenterPoint teams will be taking additional actions including: installing 4,500 automated reliability devices to minimize sustained interruptions during major storm events and reduce restoration times; and establishing a network of 100 new weather monitoring stations. This part of GHRI Phase Two is set to begin in early 2025. The company plans to complete each of these actions before the start of the next hurricane season.

When completed, the actions outlined as part of GHRI Phase Two will lead to more than 125 million fewer outage minutes annually for customers. The company is also continuing to expand and improve the way it communicates with customers and engages with communities before, during and after emergencies, including through a year-round safety and preparedness campaign.

Post-Beryl Commitments: Completed Ahead of Schedule
In addition to this Phase Two GHRI work, CenterPoint announced last week that it has completed all 42 of the critical actions the company committed to taking in the aftermath of Hurricane Beryl to immediately strengthen the electric system and improve its storm response. These initial improvements included:

  • Trimming or removing higher-risk vegetation from more than 2,000 power line miles 
  • Installing more than 1,100 stronger, more storm-resilient poles 
  • Installing more than 300 automated devices to reduce sustained outages 
  • Launching a new, cloud-based outage tracker  
  • Improving CenterPoint's Power Alert Service to provide better customer information 
  • Hosting listening sessions across the service area and using feedback to inform the company's storm response plans 

CenterPoint will continue to provide updates on its progress toward completing all of its GHRI commitments. For more information and real-time updates, visit  CenterPointEnergy.com/TakingAction.

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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. 

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, Inc

FAQ

What are the main achievements of CenterPoint Energy's (CNP) Greater Houston Resiliency Initiative Phase Two?

CenterPoint Energy has installed nearly 4,600 storm-resilient poles, placed over 100 miles of power lines underground, cleared more than 800 miles of hazardous vegetation, and installed self-healing automation devices in the first two months of Phase Two.

When will CenterPoint Energy (CNP) complete Phase Two of the Greater Houston Resiliency Initiative?

Phase Two of the Greater Houston Resiliency Initiative is scheduled to be completed by May 31, 2025, before the start of the next hurricane season.

How many outage minutes will be reduced annually through CenterPoint Energy's (CNP) GHRI Phase Two?

The actions outlined in GHRI Phase Two are expected to reduce customer outage minutes by more than 125 million annually.

CenterPoint Energy, Inc.

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