Edison International · NYSE:EIX
Edison International — Corporate Update (2022)
17 slides from Edison International's corporate update, Jun 24, 2022
Slide 1: Wildfire Mitigation & PSPS Overview
Wildfire Mitigation & PSPS Overview Helping keep our communities safe
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS Statements contained in this presentation about future performance, including, without limitation, operating results, capital expenditures, rate base growth, dividend policy, financial outlook, and other statements that are not purely historical, are forward-looking statem
Slide 3: SCE Service Area & High Fire Risk Areas
SCE SERVICE AREA & HIGH FIRE RISK AREAS 50,000 SQ. MI. 5M SCE Service Area of SCE service area customer accounts County Lines across southern, or 15M residents in central and coastal SCE’s service area Tier 2 – Elevated Fire Threat California 1.3M Tier 3 – Extreme Fire Threat 14,000 SQ. MI. customer
Slide 4: Our Wildfire Mitigation Plan
OUR WILDFIRE MITIGATION PLAN 2022 Wildfire Mitigation Update filed on Feb. 18, 2022 Primary objective is to protect public safety and reduce the risk of ignition associated with our equipment Incorporating advanced mitigation measures deployed in high fire risk areas around the world 3
Slide 5: Multi-Layered Wildfire Mitigation Strategy
MULTI-LAYERED WILDFIRE MITIGATION STRATEGY 4
Slide 6: Reducing Wildfire Risk in Our Communities
REDUCING WILDFIRE RISK IN OUR COMMUNITIES 5
Slide 7: Covered Conductor Is One of the Most Effective Measures
COVERED CONDUCTOR IS ONE OF THE MOST EFFECTIVE MEASURES TO REDUCE WILDFIRE & PSPS RISKS IN SCE’S SERVICE AREA Covered conductor is a very valuable tool to expeditiously and cost-effectively reduce wildfire risk specific to SCE Undergrounding considered for certain locations based on risk profile Geo
Slide 8: Reducing Wildfire Risk & PSPS Impacts By the Numbers
REDUCING WILDFIRE RISK & PSPS IMPACTS BY THE NUMBERS SCE estimates its wildfire mitigation and PSPS measures have reduced the risk of damage from catastrophic wildfires by 65% to 70%, relative to pre-2018 levels1,2 IMPROVED PSPS AERIAL FIRE ONGOING WILDFIRE EXECUTION & SUPPRESSION MITIGATION EFFORTS
Slide 9: PSPS Action Plan
PSPS ACTION PLAN 1. REDUCE THE USE OF PSPS 2. EXECUTE PSPS EVENTS EFFECTIVELY 3. MITIGATE THE IMPACTS OF PSPS 4. INFORM PARTNERS AND CUSTOMERS 5. IMPROVE POST-EVENT REPORTING 8
Slide 10: 2021 PSPS Improvements & Achievements
2021 PSPS IMPROVEMENTS & ACHIEVEMENTS GRID HARDENING AND CIRCUIT SEGMENT EXCEPTIONS 2021 Improvements 2021 Achievements 2022 Activities Tied to Mitigations • Expedited grid hardening • Currently planned for 2022: reduced the need for PSPS on - ~1,100 circuit miles of new covered conductor Customer M
Slide 11: Executing PSPS Effectively: Thresholds for Activation and De-Energization
EXECUTING PSPS EFFECTIVELY: THRESHOLDS FOR ACTIVATION AND DE-ENERGIZATION ACTIVATION THRESHOLDS FOR MOST CIRCUITS Formula estimates the FIRE potential of fire ignition Currently set at 13 in most POTENTIAL and spread: areas contingent on fire Normal: 1-11 resource availability INDEX (FPI) Elevated:
Slide 12: Executing PSPS Effectively: Decision-Making Transparency
EXECUTING PSPS EFFECTIVELY: DECISION-MAKING TRANSPARENCY DURING EVENT IMT RE- PRE-PLANNING PERIOD OF PLANNING ACTIVATION ENERGIZATION CONCERN More transparent PSPS risk and post-event benefit modeled reporting to better More accurate independently 24 Increase articulate decision- weather forecasting
Slide 13: Emergency Response Team Structure
EMERGENCY RESPONSE TEAM STRUCTURE Crisis CEOs, CFO, General Policy and Delegation of Authority Management Counsel, President Council and SVPs Incident Command ------------------------------------------------------------------------------------------ Incident Leads Incident Commander IMT Structure Re
Slide 14: Concurrent Emergency Response System
CONCURRENT EMERGENCY RESPONSE SYSTEM Operations Capabilities Year-Round Business Resiliency Staffing State-of-the-art EOC includes designated 24/7 Watch Office - 24/7 Duty Manager spaces for alternate communications, operations team, press conferences and Fire science - Meteorology other key functio
Slide 15: Appendix
APPENDIX WIEDISON Energy for What's Ahead*
Slide 16: 2021 Year-End Progress Update
2021 YEAR-END PROGRESS UPDATE 2021 Completed 2021 Completed Completed/Target Since 2018 Completed/Target Since 2018 Distribution 179,600/163,000 110% 764,000+ 400/375 107% 1,460+ Equipment Weather weather stations weather stations inspections completed inspections completed Inspections Stations inst
Slide 17: For More Information
FOR MORE INFORMATION: SCE Wildfire Webpage – sce.com/wildfire SCE Notifications Vegetation Management • Sign up for PSPS alerts – sce.com/pspsalerts • Vegetation Management – sce.com/safety/power-lines; • Sign up for the Energized by Edison Wildfire contact 1-800-655-4555 or safetrees@sce.com Mitiga