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...
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)...
The Smart Grid is changing the way utilities generate, manage, and deliver electricity. The benefits are numerous as Smart Grid technologies help utilities save time, money, resources and improve customer service. If on the verge of Smart Grid innovation, electric utilities should follow the...
When dozens of utilities received stimulus funds for distribution automation projects in 2009, solar was barely a gigawatt-scale market in the U.S. Sandy was simply a lead character in Grease, not a superstorm that would prompt cities and states to reassess the future-readiness of their...
Already, smart city technologies are strong in Europe and the Middle East. Now, cities all over North America are joining the smart cities movement as well. Once the journey begins, a city quickly realizes that it cannot become smart and sustainable without the help of its electric power utility....
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...
