Most utility customers now pay an average price for electricity that changes little (if at all) over the course of the year. Average, flat-rate, real-time pricing is akin to a form of insurance, where a premium is paid to hedge against market volatility and price spikes. Yet this approach misses the system-wide benefits of dynamic electricity pricing, in which customers pay for power through time variant rates.
Until recently, quantifying the cost of this trade-off...
The IEC 61850 protocol has become the global standard for substation automation, enabling high-speed communication, interoperability, and streamlined integration of intelligent electronic devices (IEDs). It plays a foundational role in transforming traditional substations into digital substations...
Newton-Evans Research Company, Inc. of Ellicott City, MD is preparing to publish market research findings from Volume 1 of a four-volume study, “The World Market for Substation Automation and Integration Programs in Electric Utilities: 2017-2020.” Volume 1 of this Substation Automation...
The electronics industry is experiencing rapid growth and innovation, with devices becoming more advanced and ubiquitous. As this industry continues to flourish, it’s crucial to consider the environmental impact of electronic manufacturing and the materials used in these devices. One area...
Taking power grid protection to an all-new level BY JASON BUNEO & RENE AGUILAR, Megger The testing of distance relays has evolved from testing simple electromechanical relays to the newest modern microprossesor relays. Most modern relays employ advanced algorithms that not only compare the...
From Hardwiring to Data Networking The modernization of substations is as much a communications revolution as a protection one. For decades, copper conductors carried analog signals from instrument transformers to relays and controls. Each new circuit meant more wiring, more panels, and more room...
Reliable and secure communication infrastructure is essential to the safe and efficient operation of the modern power grid. As utilities transition to digital substations, integrate distributed energy resources (DERs), and deploy real-time monitoring systems, the need for robust, scalable grid...
The power industry is undergoing a profound transformation driven by grid modernization, renewable integration, and increasing demands for resilience and efficiency. At the heart of this evolution lies the smart substation—a next-generation facility equipped with advanced sensors, digital...
The IEC 61850 protocol has become the global standard for substation automation, enabling high-speed communication, interoperability, and streamlined integration of intelligent electronic devices (IEDs). It plays a foundational role in transforming traditional substations into digital substations...
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 rapidly evolving landscape of power grid management, digital twin technology is emerging as a game-changer for substations. By creating virtual replicas of physical assets, digital twins bridge the gap between the physical and digital worlds, enabling enhanced operational efficiency and...
