Most utility customers now pay an average price for electricity that changes little (if at all) over the course of the year. Average, flat-rate, real-time pricing is akin to a form of insurance, where a premium is paid to hedge against market volatility and price spikes. Yet this approach misses the system-wide benefits of dynamic electricity pricing, in which customers pay for power through time variant rates.
Until recently, quantifying the cost of this trade-off...
During my switchgear modernization presentations all over the US, I am constantly reminded of the concerns customers face with their aging electrical infrastructure. For the most part, these center around safety, reliability and productivity: • Replacements parts are very hard (or impossible)...
Solving common mistakes in communications cabling for electrical utilities BY FRANK KODITEK, Belden Inc. In the energy industry, there are numerous types of cables in use for a wide variety of applications, from transporting high-voltage current for miles to providing power and data connectivity...
Reducing engineering costs using IEC 61850 BY ADAM GAUCI, Schneider Electric As substation automation is moving towards software environments based on the International Electrotechnical Commission’s substation automation standard, IEC 61850: “Power Utility Automation”, the engineering process...
How new technologies can improve monitoring and control BY LOURENCO TEODORO, InduSoft Substations are a critical component for maintaining electrical supply and load control in low voltage, medium voltage and high voltage electrical distribution networks. In order to ensure the proper functioning...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
In the rapidly evolving landscape of power grid management, digital twin technology is emerging as a game-changer for substations. By creating virtual replicas of physical assets, digital twins bridge the gap between the physical and digital worlds, enabling enhanced operational efficiency and...
The increasing frequency and intensity of climate-related disasters are placing unprecedented strain on the world's electricity networks, with severe implications for global energy security. According to a recent Bloomberg report, the effects of climate change are pushing many electricity grids to...
High Voltage Direct Current (HVDC) technology is revolutionizing long-distance power transmission, offering improved efficiency and reliability over traditional alternating current (AC) systems. This article explores the latest developments and applications of HVDC substations, providing a...
As substations become more interconnected and automated, they are increasingly vulnerable to cyberattacks. These critical nodes of the power grid are essential for ensuring a stable and reliable energy supply, making their protection paramount. This article delves into the latest cybersecurity...
The transition to renewable energy is reshaping the power landscape, with grid-scale battery storage systems playing a pivotal role in this transformation. These systems are crucial for balancing supply and demand, particularly at the substation level, where they enhance grid stability and...
