How M6.4 Dec 20 2022 Earthquake Affected the Utility Sector

How M6.4 Dec 20 2022 Earthquake Affected the Utility Sector
Fig.1 - Some of the companies that affected by the M6.4 Dec 20, 2022, earthquake - number of affected power plants by companies

Earling Severe Ground Condition models detected unusual patterns and marked mid-December 2022 as a risky time window a few days before the M6.4 earthquake hit the region on Dec 20, 2022. Based on our data and dashboards, more than 1,350 power plants, which were producing 58 Gigawatts of electricity, affected in 98 companies by 20 PGV to 1 PGV cm/s in 186 miles separated from the epicenter of the earthquake.


Fig.2 - US BUREAU OF RECLAMATION hydroelectric power plants with 4.2 Gigawatts capacity that affected by PGV 1-2 cm/s in the earthquake

Fig.3 - One of the GEYSERS POWER CO LLC geothermal power plants facilities with more than 7 Gigawatts capacity that affected by PGV 0.5-1 cm/s in the earthquake

Transfer maximized financial risks and prepare for the next major earthquakes

To speed up recovery phase, Earling Severe Ground Condition models that detect high-risk seismic time windows helps utility sector to manage financial risks by transferring them to the local or international risk takers, in low price.

Next step

Do you need more information about the solution and how it helps to transfer financial risks? Contact us to book a meeting for consultation.

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