Mitigation Portfolio Optimization

Translate wildfire risk into financial terms to compare mitigation portfolios, prioritize spending, and support defensible investment decisions.

WHAT WE DO

FEP connects wildfire science and utility operations with financial and economic analysis. We help utilities quantify risk in dollars, compare mitigation portfolios, and identify strategies that deliver meaningful risk reduction within real-world constraints. 

FEP combines technical analysis with utility operating and field context. 

Two people in suites shaking hands

SERVICES

Support tailored to the decision at hand

    01    Mitigation portfolio design and scenario comparison

    02    Risk-spend efficiency and cost-benefit analysis

    03    Capital and O&M sequencing under constraints

    04    Financial consequence and liability exposure analysis

    05    Implementation roadmaps and portfolio phasing

    06    Investment justification, governance, and decision support 

WHAT THIS ENABLES

Investment choices tied to measurable risk reduction

Clearer tradeoffs among risk, cost, reliability, timing, and feasibility

Defensible investment strategies aligned with system needs and risk tolerance 

FEP PERSPECTIVE

Prioritize the investments that reduce the most meaningful risk.

Wildfire mitigation decisions require utilities to balance safety, reliability, affordability, feasibility, and pace. FEP evaluates how individual measures and combined portfolios change expected outcomes, translates remaining risk into financial terms, and tests how different portfolios perform across scenarios.

The result is a practical and transparent investment strategy tailored to each utility’s assets, operations, service territory, and risk tolerance—not a generic list of mitigations or an assumption that the most expensive or technology-intensive option is necessarily the best.

    01    Baseline, mitigated, and residual risk expressed in financial terms  

    02    Portfolio scenarios, sequencing, and risk-spend efficiency

    03    Direct, indirect, and total economic consequences

    04    Affordability, reliability, operational, stakeholder, and regulatory considerations 

RELATED CAPABILITIES

Build a practical path from risk to action.