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 billion in 2009 to $2.3 billion in 2013. Primarily, this revenue was generated through the retrofit market, which accounted for a share of nearly 70 percent. Revenue is...
Siemens proposes 10 mini-grids that will cover most of Puerto Rico and will be designed to enhance resiliency to withstand or recover quickly from future natural disasters.Design enhances reliance on renewables and exceeds the established renewables penetration goal by 15 percent.Today, Siemens...
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...
Advances in information and communication technology (ICT) have been utilized over the year by utility industry in order to improve power quality, reliability, efficiency and security. Growing concern for environment, increasing complexity in managing convectional grid, energy sustainability and...
How to improve situational awareness of grid operations BY MARK FEDERLE, QinetiQ North America The adoption of Smart Grid technology in recent years has accelerated the modernization of the electric utility grid. This is a positive development given that the grid infrastructure in North America is,...
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...
