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)....
Heavy incentives for small-scale distributed generation are floating around parts of Canada—and are growing globally. With large-scale generation becoming harder to build and having longer lead times, even utilities are looking favorably on small-scale distributed generation, such as residential...
Asset and risk management for electric utilities BY SIRI VARADAN, UISOL, & SERGE VANASSE, Clevest Aging transmission and distribution (T&D) infrastructure is a critical issue for electric utilities, resulting in the need for utilities to make decisions regarding the replacement, repair,...
The evolving demands of modern power grids necessitate the adoption of advanced technologies that can provide enhanced efficiency, reliability, and flexibility. Smart transformers are at the forefront of this technological revolution, offering a range of capabilities that significantly improve the...
The electric power industry is increasingly having to evaluate the growing penetration of distributed energy resources (DER). New sets of challenges exist for planning and operating the grid, especially with the distribution systems in which these new resources must be integrated. Now electric...
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...
