Green Mountain Power
Climate Impact & Sustainability Data (2020-01-30, 2020-09-24)
Reporting Period: 2020-01-30
Environmental Metrics
ESG Focus Areas
- Climate Change
- Grid Reliability and Resiliency
Climate Goals & Targets
Environmental Challenges
- Increased frequency and severity of storms due to climate change, leading to increased costs and decreased reliability for customers.
Mitigation Strategies
- Proactive investments in grid hardening and resiliency projects to withstand and recover quickly from severe storms.
- Improved DER management and resiliency zones with storage to ensure service to critical facilities and emergency services.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Increased frequency and severity of storms
Opportunities
- Development of a more resilient and distributed grid
Reporting Period: 2020-09-24
Environmental Metrics
ESG Focus Areas
- Climate Change
- Reliability
- Resiliency
Climate Goals & Targets
Environmental Challenges
- Increased frequency and severity of storms impacting GMP's systems and customers.
- Threats to grid reliability and increased storm recovery costs.
Mitigation Strategies
- Hardening GMP grid and restoration response.
- Preparing GMP grid to support Vermont's clean energy goals.
- Investing in generation, transmission, distribution, IT/OT, and innovation projects.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Increased frequency and severity of storms
Opportunities
- Development of a more resilient and distributed grid