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)....
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...
How technology is changing testing and performance monitoring BY AARON RUDGER, Keynote North American electric utilities are experiencing a rapid shift to a mobile- first environment. Numerous research firms are confirming that the sale of smartphones and tablets has overtaken personal computers....
Need-to-know info for electric utilities BY LEN WHITTEN, SunGard Availability Services The electric power industry has often been a first-mover in adopting new technologies before other industries move forward with implementation. For example, electric utilities were among the first companies to...
In a landmark move aimed at accelerating the U.S. transition to a more resilient and sustainable energy grid, the Department of Energy (DOE) has announced a groundbreaking investment of $2.2 billion in innovative transmission and energy storage projects across 18 states. This significant funding...
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...
