unprecedented flowing team rain to for gas morning, in weather Thank freezing to service extending area. the my that snowfall we temperatures in subzero on it the to all experienced personnel various Minnesota you, sincere experienced lights customers. and keep Through worked our of and Jackie, We our Indiana Houston like territories. winter our in the all, good the would everyone. through record-breaking work appreciation and across I begin by our frontline
to areas I'd call, today's of focus. address key like On X
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of filed various the touch I'll made recently provide resiliency update, progress Houston for and significant broader our rate our system cases. on plan Electric including highlights we've a regulatory Second, in
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spend throughout by O&M ability of efficiently for is the the capital years. executing last the improvements XX% we that comes business. while working access our our capital to in benefit improvements We'd for like management These constructive increased believe stakeholders capital structure to cost outcomes the the parties. together settlement capital reductions It customers. also with investments our of and also customer lower our thank of the exemplifies unique competitiveness we we've outcome of strengthen efficiently improve to few for fact of a regularly to This all the over submit vegetation our customer PUCT fund markets what that despite to all both bills
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have gigawatts. we XX about load approximately in requests requests. our incremental load interconnection XX peak current Those gigawatts fact, to received of In are
nearly the has increase end XX over region To we experienced requests, XXXX. a perspective, is last pursuing from gigawatts we of XX% years. we're increase by the believe this are more the low of the increase Houston gigawatt our forecasting that reflection that gigawatts Currently, While peak load we put the next forecasting XXXX. the X more Greater submission that demand a full materialize in by growth are interconnection set actively will to realistic today is in than nearly XX XX of over XX years
approach gives us forecasting Our to projections. rigorous load confidence in demand our
[ theme. Our the the from the Houston earned world, or industry reputation beyond its outlook but fact well sector. core that as our surprise more It only driven not economy. constitutes come also little a X/X capital growth area's to has some go types expansion than this energy of is by energy economic a clearly benefits a the today, of ] as may single of this
growth. catalyst long-term When load drivers, activities looking we X significant at Houston's see economic as low the for
the the Boasting We electrification, for gateway drive port Houston XXXX. port associated is the United hub coming largest world. from Houston going of a and XX% increase major over other a gigawatt fleet for the and XX forecasted opportunities First, electrification is all States. by logistics will for waterborne tonnage, approximately through projects goods
Second, only Houston continued treatment, world, from and commercial only and its offerings medical to growing. innovation as but all XX% its the it to patients We continues home complex the anticipated It in drive well forecasted expansion data to including continues for other pioneer over is activities, the medical globe largest medical centers, for XXXX. manufacturing. come growth by who load not as expand of our is will
Third, refining exports. to and energy energy Houston center continue for is be will and the at
investments respect growth significant increased with central electric certainly As in continues the the that global system. in energy play infrastructure, the continued a mix require transmission role and to evolve, of and exportation This Houston development especially energy. will will to
As the Texas, day, as geographic Houston On electricity is load. of we X% but just of import XX% a area reminder, as approximately Houston ERCOT's of in area. any the over of X/X makes the consumed peak much up given
formalizing of Texas the on need regarding Utility from clarity XXX this for and we the feedback this plans May decisions anticipate kV our We further Public standard by year. the this or capital Commission topic XXX to related kV Prior build-outs. immense transmission growth, to investment final
diverse have for PUCT population. of whose in continued industry. charges opportunities that most Houston fundamentals undoubtedly Regardless platform continue benefit CenterPoint. ever-growing the tangible drive long-term the growth in continue the come. one gives belief the plans area from our one direction is our This to growth Houston will investment growth to us but the also truly driving and of tailwind unique of years that long-term the a will to for growth the customers sustainable provide to we confidence a The is is takes, continued underlying
continuing are and growing serve vibrant partner remarkable to to to customers, this privileged enable a to We with such area communities and stakeholders truly and further growth. look forward other
And to I'll over it with hand that, Chris.