
Wildfires and Utility Stocks. Plus, Merrill’s Investment Chief.
Barron's Streetwise
Wildfire Risks and Utility Resilience
This chapter explores the intricate relationship between electric utilities and AI, particularly focusing on PG&E and its stock performance linked to wildfire incidents. It examines the strategies implemented by utility companies to manage wildfire risks and enhance safety while maintaining financial growth. The discussion also highlights investor sentiments and the evolving business model, emphasizing the balance between infrastructure investment and affordability for customers in the face of increasing energy demands.
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