Ben Franklin famously said, “If you fail to plan, you’re planning to fail”. This saying certainly holds true for Smart Grid deployments, which can cost utilities several hundred million dollars. Given these high stakes, effective planning is essential.
Many North American electric utilities have installed Smart Grid systems. Currently, 25 percent of U.S. electricity customers have smart meters, a key component of the Smart Grid. Some early deployments were rocky, but utilities have learned...
Market developments toward grid modernization 17% Compound annual growth rate (CAGR) at which the U.S. SCADA market revenue is expected to grow during the 2014 to 2020 period At this point, the CAGR for U.S. SCADA (supervisory control and data acquisition) market revenue has increased from $0.8...
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...
Utilities worldwide are adopting innovative technology to embrace the potential of the Smart Grid while conquering a myriad of new challenges posed by it, and by a new host of financial and regulatory challenges. In order to take advantage of the opportunities presented, while at the same time,...
Asset management evolves as microgrids play various roles BY MASSOUD AMIN, Institute of Electrical and Electronics Engineers (IEEE) Microgrids, as many readers are aware, are small power systems of several megawatts (MW) or less in scale that possess three primary characteristics: distributed...
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...
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 Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits. The PCM was conceived as a means to incentivize power...
The Federal Energy Regulatory Commission (FERC) has rejected a proposal from PJM Interconnection, one of the United States' largest regional transmission organizations, to alter its transmission planning protocol. The decision represents a significant victory for state regulators who had expressed...
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...
In a significant move for the renewable energy landscape, RWE, a leading global energy company, has announced the addition of 450 megawatts (MW) of battery energy storage capacity in Texas. This expansion underscores the growing importance of energy storage solutions in enhancing grid reliability...
