The traditional utility business model of selling electricity from large-scale thermal power plants and expanding grids to meet rising demand historically has supported strong balance sheets. With this financial strength, utility retained earnings served as the primary financing source for the electricity sector.
In many markets, utilities serve as reliable purchasers of power, facilitating investments by independent power producers. But as the role of electricity in the world economy expands, technology innovation creates new opportunities...
In a strategic move to tackle the growing electricity demand and bolster energy security, the U.S. Department of Energy (DOE), under Secretary Chris Wright, has announced plans to focus on expanding baseload and dispatchable power generation. This shift in priorities, outlined on January 5, 2025,...
How this phenomenon affects electric utilities BY JIM SIEBERT, FOX 26 Chief Meteorologist Advances in technology are helping scientists understand lightning in ways that were not possible a few years ago. Beforehand, meteorologists primarily studied lightning, focusing most of their efforts on...
Lessons learned and importance of data surveys BY CLAYTON JAMISON UYEDE, UTS Consultants Back in 2004, the Electrical Safety Authority, the workplace safety regulator for the Province of Ontario, issued new regulation that gave utilities the option of having their poles analyzed and certified by a...
How weather affects power quality on the electric grid BY ALDEN WRIGHT & MARK STEPHENS, Electric Power Research Institute Utilities have long understood that weather and grid power quality are closely linked. As anyone who keeps up with the news will note, the last few years have seen a...
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...
Duke Energy Florida has announced plans to build four new utility-scale solar energy facilities across the state, aimed at adding 300 megawatts (MW) of renewable energy to the grid. This expansion is part of the company’s broader strategy to increase its solar generation capacity and...
In a strategic move to tackle the growing electricity demand and bolster energy security, the U.S. Department of Energy (DOE), under Secretary Chris Wright, has announced plans to focus on expanding baseload and dispatchable power generation. This shift in priorities, outlined on January 5, 2025,...
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...
The rapid shift toward renewable energy resources (RERs) has placed significant demands on traditional power systems. To address these challenges, modern energy infrastructure is evolving into smart grids, leveraging advanced technologies like Virtual Power Plants (VPPs) to enhance grid...
Louisiana, known for its robust oil and gas industry, is experiencing a significant shift as some of its largest industries express frustration over delays in the state’s renewable energy transition. These major players are pushing for accelerated development and implementation of renewable...
