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0.00119451779202817 0.000565824217276521 -6.28693574751318E-05 0.000565824217276521 0.00245190494153148 0.00182321136677983 -0.00132025650697844 -0.00509241795548846
Stock impact report

California utilities try AI to combat costly wildfire liabilities [Los Angeles Times (CA)]

Pacific Gas & Electric Co. (PCG) 
Last pacific gas & electric co. earnings: 5/1 08:21 am Check Earnings Report
US:NYSE Investor Relations: finance.yahoo.com/quote/pg
The technology costs far less than burying lines underground at $3 million-plus per mile—an expensive approach driving urgent demand for alternatives amid litigation. Power shutoff systems prevent about 80 percent of potential fire starts, while AI-targeted tree trimming in identified problem areas mitigates remaining risks more efficiently. On the hunt for cheap and fast strategies to prevent deadly wildfires, utilities across the U.S. and Europe are contracting with a handful of artificial intelligence startups to map wildfire risk along thousands of miles of power lines, picking out individual trees to cut and poles to replace. The most obvious way to prevent power equipment from sparking a blaze is to bury lines underground. But at a cost of upwards of $3 million a mile, many investor-owned utilities are limiting themselves to just a few hundred miles of buried lines per year. That's proved to be a major business opportunity for several tech companies that use machine learn Show less Read more
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