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)....
Standards are just the beginning BY RICK GEIGER, Cisco Systems The aging electrical infrastructure and utility industry is undergoing its greatest transition in a generation. Grid modernization is already having a significant impact on how the energy industry operates. As with the adoption of any...
How utilities can yield significant operational benefits BY JEFF WALZ, Siemens Smart Grid As North American electric utilities continue to transform their existing electric delivery assets into a smarter grid, strong emphasis is placed on systems, products, and services that provide value in...
Reducing engineering costs using IEC 61850 BY ADAM GAUCI, Schneider Electric As substation automation is moving towards software environments based on the International Electrotechnical Commission’s substation automation standard, IEC 61850: “Power Utility Automation”, the engineering process...
As the big push behind NERC CIP v5/v6 comes to some form of “conclusion”, most U.S. utility executives are breathing a huge sigh of relief. Their efforts to make their high and medium impact facilities compliant are finally completing. However for some insiders, there is a concern that a...
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 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...
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 recent launch of the Coalition for Green Capital's (CGC) first national green bank marks a significant milestone in the United States' climate strategy. This development, announced in a Utility Dive article, underscores a pivotal shift towards streamlined, scalable financing for green...
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...
In a significant leap forward for the solar energy industry, Maximo, an advanced AI-enabled robot, is transforming the landscape of utility-scale solar installations. This innovative technology is set to revolutionize how solar panels are installed, offering increased efficiency, precision, and...
