Strategies to move the electricity sector into the future
BY CANADIAN ELECTRICITY ASSOCIATION
As electric utilities consider options for the future of electricity, they need to remember the journey that created the current power system. When the electricity industry started in the late 19th century, it was made up of a number of independent operations, city by city; what electric utilities might now call microgrids. It became apparent early on that both cost and reliability...
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...
Puerto Rico's electric utility, LUMA Energy, recently revealed plans to integrate nearly 1 GW of renewable energy and over 700 MW of energy storage into the island’s power grid. This initiative is part of a broader effort to move away from fossil fuels and to enhance the resilience and...
In an era marked by the urgent need for sustainable energy solutions, the U.S. Department of Energy (DOE) has embarked on a transformative initiative to enhance interregional transmission planning. The latest findings from the DOE’s transmission planning study have identified several...
Over the past decade, utilities around the world have taken advantage of the many clear benefits that Automated Metering Infrastructure (AMI) and subsequently Distribution Automation (DA) can afford. In addition to the proven cost savings of automated and remote meter reading, utilities have been...
Reliable and secure communication infrastructure is essential to the safe and efficient operation of the modern power grid. As utilities transition to digital substations, integrate distributed energy resources (DERs), and deploy real-time monitoring systems, the need for robust, scalable grid...
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...
Alliant Energy has officially brought Iowa’s largest solar facility online, marking a significant milestone in the state's renewable energy landscape. The 200-megawatt (MW) Pleasant Creek Solar project, located in Linn County, is now operational and supplying clean electricity to Alliant...
Texas is at a pivotal crossroads in its energy policy, with legislative actions that could significantly reshape the state's electricity landscape. A recent report by Aurora Energy Research, commissioned by the Texas Association of Business, warns that proposed restrictions on renewable energy...
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...
The Federal Energy Regulatory Commission (FERC) has launched a review of the rules surrounding the colocation of large energy consumers, such as data centers, with power plants within the PJM Interconnection region. This review follows concerns raised by stakeholders, including major energy...
