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, or refurbishment of their assets under a constrained investment environment and other factors.
North American electric utilities are faced with determining the optimal portfolio of asset investment projects from a number of potential projects...
In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated,...
Moving forward with distribution automation and intelligent electronic devices BY JOHN MCDONALD, GE Digital Energy The ongoing rollout of interval (aka “smart”) meters and the resulting deluge of data have rightly received much attention and triggered the initial impetus for electric utility...
Addressing the impacts and the drawbacks BY ELIZAVETA MALASHENKO, CHRIS VILLARREAL, & J. DAVID ERICKSON, California Public Utilities Commission With grid modernization or “Smart Grid” efforts underway, cyber security is being recognized as an increasingly important factor in ensuring...
Critical infrastructure security is in the national spotlight. In 2020, the power grid and energy sector was the third most targeted sector for cyber-attacks, up from ninth place in 2019, and the threats are growing more sophisticated. The Biden administration recently issued a national security...
A Smart substation digitizes protection and control, enabling utilities to detect faults faster, manage DER volatility, and reduce outage risk. The payoff depends on architecture, cybersecurity, and edge analytics, not just new relays. The shift toward smart substations is inseparable from broader...
As the global demand for renewable energy intensifies, wind farms are emerging as pivotal players in the transition to sustainable power sources. In 2023, the wind industry added a remarkable 117 gigawatts (GW) of global capacity, underscoring its growing significance in the energy landscape....
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...
In the evolving landscape of power grid management, integrating advanced sensor technologies in intelligent transformers and substations is revolutionizing monitoring and control. These sensors provide real-time data collection and analysis, significantly improving asset management and fault...
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...
In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated,...
