Edison International (NYSE:EIX) Q1 2024 Earnings Call Transcript

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There’s areas as you begin to go broader around, for example, bench management and how you do those inspections. So, the detection, whether it’s using LiDAR or satellite, with the whole industry focused on those, those will advance faster and allow us to lower the cost. So, we will definitely learn from others and they’ll learn from us as we try to both deploy the most effective wildfire mitigation, but bring the cost of all of them down.

Pedro Pizarro: Maybe Steve, one final thought I would add is, it’s not just about what we as the industry are doing, along with technology partners, but it’s also about the government’s role in this. And you might know I co-chair the Electricity Subsector Coordinating Council, which is the CEO-led group that’s really the partnership between the industry and the federal government on matters of physical and cybersecurity and resiliency. And so, DOE is our sponsoring agency for our sector and they’ve been a really good partner in engaging around how do we think about technologies? How do we get access to federal resources? A lot of work to be done in areas like vegetation where there’s more work and more progress to be made in working with, say, the Forest Service or the Bureau of Land Management, but particularly DOE has been a great partner in looking at how we bring these sort of benefits and scale to all states that need it.

And so, we will continue that partnership and it makes everybody safer.

Ryan Levine: Thanks for taking my questions.

Pedro Pizarro: Thanks, Ryan.

Operator: Thank you. That was our last question. I’ll now turn the call back to Mr. Sam Ramraj.

Sam Ramraj: Thank you for joining us. This concludes the conference call. Have a good rest of the day. You may now disconnect.

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