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In this tutorial, Phil demonstrates how to extract letters, numbers, and remove characters from text strings using Power Query in Excel. By utilizing the text.remove and text.select functions, he shows how to extract uppercase, lowercase, and mixed case letters, as well as numbers. He also demonstrates a method to remove a wide range of characters from strings. This process can be applied in Power BI as well by copying and pasting the query code. Phil renames the query to text_select and creates a custom column to extract lowercase letters using the code text.select(column name, characters).