Recent technological and economic events are poised to transform the electric utility industry. Described as “game changers” by industry thought-leaders, these “disruptive challenges” stem from a convergence of factors.
1 Distributed energy resources (DER) and demand-side management (DSM) programs continue to capture market share, resulting in lower revenues, higher integration costs, lower profitability, and potential credit impact.
2 Existing regulatory process and tariff structures challenge the ability to recover lost revenues (albeit, slowly changing)....
As the world grapples with the accelerating impacts of climate change, U.S. policymakers are increasingly recognizing the need for bold and effective strategies to reduce carbon emissions. One of the most outspoken advocates for such action is Senator Sheldon Whitehouse from Rhode Island, who has...
Delivering innovative solutions through a customer-centric approach BY JOE CAYWOOD, Terex Utilities The secret to being successful on any job, whether it is a new installation, routine maintenance or a complete overhaul of an electrical system, is to equip utility crews with the right equipment...
Valuable state-of-the-art tools for electric utilities BY JOE CAYWOOD, Terex Utilities With all the challenging demands of a utility marketplace, increased understanding of ownership and operating cost, as well as utilization, fleet managers must work through several different scenarios when making...
Field data management: The value and challenge of asset health insight BY PAUL BARNETT, JOHN STEWART, Tennessee Valley Authority & PAT BROWN, Electric Power Research Institute Intelligent management and operation of assets is of major importance to electric utilities. In an era where assets are...
The power industry is undergoing a profound transformation driven by grid modernization, renewable integration, and increasing demands for resilience and efficiency. At the heart of this evolution lies the smart substation—a next-generation facility equipped with advanced sensors, digital...
In a significant shift in its renewable energy strategy, New Jersey has recently decided to cancel its plans to award a fourth offshore wind farm project. The decision marks a crucial moment in the state’s ongoing efforts to expand its offshore wind sector, which has long been hailed as a...
Whales, the majestic giants of the ocean, have long captivated human imagination. Beyond their grandeur, these marine mammals are now providing scientists with invaluable insights into climate change, offering a unique perspective on the health of our planet. Whales as Climate Change...
In December 2024, President Joe Biden's administration set an ambitious target to reduce U.S. greenhouse gas (GHG) emissions by 61% to 66% by 2035, compared to 2005 levels. This goal aligns with the Paris Agreement's framework, which requires participating nations to update their emission reduction...
As the world grapples with the accelerating impacts of climate change, U.S. policymakers are increasingly recognizing the need for bold and effective strategies to reduce carbon emissions. One of the most outspoken advocates for such action is Senator Sheldon Whitehouse from Rhode Island, who has...
In a significant move that underscores the growing demand for reliable and sustainable energy to power the expanding digital infrastructure, the Federal Energy Regulatory Commission (FERC) has approved an interconnection agreement between Talen Energy, Amazon Web Services (AWS), and Exelon. This...
