![]() This includes undergrounding overhead power lines most vulnerable to outages from storms and focusing on disadvantaged communities as part of the selection criteria. Initiative 2įollowing our industry-leading Climate Change Implementation Plan, we will adapt to additional extreme weather events by investing more than $2 billion on resiliency over the next 10 years. This will include the development of “clean energy hubs” to facilitate 6,000 MWs of offshore wind new substations local transmission projects (e.g., Reliable Clean City projects) and peak demand reduction strategies. Initiative 1īuild an energy grid that delivers reliable clean energy and meets all our customers’ electrification needs. Back to topīuild a resilient, 22nd century electric grid that delivers 100% clean energy by 2040. More information about the company’s strategies to deliver a clean energy future can be found in our long-range plans for electric, gas, and steam, released in early 2022. ![]() We will provide updates on our progress on these initiatives, including through the Clean Energy Update, which will offer quarterly progress updates on the deployment of clean energy technologies. Each pillar is comprised of various company initiatives. Our commitment to the clean energy future is supported by five pillars, detailed below. We will continue to productively collaborate with customers, regulators, policymakers, and other stakeholders to ensure the clean energy future is informed by principles of affordability, equity, and environmental justice. This commitment builds on our past activities, outlined in our Sustainability Report, as a climate leader and boldly expands on that work, providing actionable metrics and targets for us to meet in the future. We will do that by investing in, building, and operating reliable, resilient, and innovative energy infrastructure, advancing electrification of heating and transportation, and aggressively transitioning away from fossil fuels to a net-zero economy by 2050. We will take a leadership role in the delivery of a clean energy future for our customers.
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