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Stock impact report

Xcel Fortifies Infrastructure Using AI Technology to Detect Wildfire [Yahoo! Finance]

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
Company Research Source: Yahoo! Finance
First responders and firefighters will have real-time access to this data, shortening the response time. Texas Panhandle region is known for wildfires, which cause extensive damage to structures and agricultural products. Early detection and a quick response reduce the impact and damage caused by wildfires. Xcel Energy is currently identifying strategic locations for the initial camera stations in areas with the highest fire risk. This will be completed in 2025. The company, through this five-year program, aims to fortify the grid, provide vital information to the first responders and reduce the impact of wildfires. XEL plans to install more cameras in Texas and expand the program into its New Mexico service territory in the future. As camera stations are added and their reach overlaps, their accuracy will improve, helping firefighters respond faster. The company has already proposed a $1.9 billion Colorado Wildfire Mitigation plan to the Colorado Public Utilities Commission, Show less Read more
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