Ann: Annual Report to shareholders, page-31

This is well worth a watch.

To be clear, the discussion is around all the after-effects of these storms, not just the power grid, but it evident that these discussions about how to be better prepared before the fact - proactive v reactive - are being had at State and Federal level especially in Congress. Which is exactly the purpose of the DOE contract vis-a-vis fit-for-purpose investments in power grid resilience.

Bottom line is, the existing model - reactive - is unaffordable and a more cost-effective way to mitigate damage costs - proactive - needs to be found and implemented.

The Program will use Pointerra3D to evaluate the impacts of various grid resilience investments under forecasted climate change scenarios, providing a best practice approach to determine optimal resilience investments.