Energy Capital The Magazine Sep-Oct 2021-Edition 05

Page 8

Opinion

Navigating climate change consequences through a weatherization/winterization/ insulation strategy

By Rubi Alvarado General Manager, Energy Capital Magazine

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older and warmer temperatures, increased incidence of wildfires, sea-level rise, and severe weather events are among the many factors affecting energy infrastructure’s safety. With the growing and evolving effects of climate change becoming more evident, many energy operators, developers, and users are wondering what they need to do to keep their assets safe, resilient, and reliable.

The answer many are finding? Weatherize, winterize, insulate! Recent events show us the relevance of such considerations. Last February’s Texas freeze left millions without access to electricity and 8

reliable sources of heating. With the freezing temperatures in the state earlier this year, Texas wasn’t prepared to protect its critical infrastructure from freezing out. According to the Center for Energy Studies, Baker Institute, “lax regulation [in the state] exposed producers—and their customers—to catastrophic failure.” Besides, the center noted that “the competitive nature of Texas’ deregulated power market discourages the added cost of winterization.” Another example illustrating how imperative it is to enact regulations in the industry further is the increasing incidence of devastating wildfires in California. One crucial consideration, in this case, is that not only are wildfires affecting utility and oil and gas infrastructure, but that infrastructure could also generate these catastrophic events. Summarizing, as experts in Politico recently wrote, “Texas and California may be worlds apart in their politics and climate policies, but they have something in common: extreme weather crashed their power grids and left people stranded in the dark.” However, the involved parties [companies, organizations, and regulators] are already tackling these challenges. For instance, in June, Texas regulators passed reforms (Senate Bill 3) to bolster the state’s electricity infrastructure and require power plants to prepare for extreme weather


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