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U.S. Treasury Finalizes Clean Energy Tax Credit Rules

In a significant move for the U.S. clean energy sector, the U.S. Department of the Treasury has released the final set of rules for the Clean Energy Investment Tax Credit (ITC), which is poised to provide major financial incentives for renewable energy projects across the nation. This tax credit, part of the Inflation Reduction Act (IRA) passed in 2022, aims to accelerate the country's transition to a cleaner energy grid by incentivizing investments in solar,...

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Utility News

Pennsylvania’s Yaw Bill

In a significant move for Pennsylvania’s energy sector, State Senator Gene Yaw has introduced a transformative piece of legislation aimed at modernizing the state's approach to power plant development and capacity management. The bill, which has been the subject of considerable discussion,...
Climate Change News

Earth's Lands Drying Out: Nations Address Crisis

This week, global leaders are gathering for critical talks aimed at addressing one of the most pressing environmental crises of our time: the increasing dryness of Earth’s lands. Climate change, overexploitation of water resources, and unsustainable agricultural practices have been...

T&D Trends

Climate Change News

Canada Urged to Boost Climate Adaptation Spending

As climate change continues to impact communities across the globe, a growing body of research suggests that Canada should shift its focus from primarily fighting climate change to investing more in adaptation strategies. According to experts, while efforts to reduce greenhouse gas emissions remain...
Renewable Energy News

Climate Change and Coffee: A Brewing Concern

As the world grapples with the urgent need to address climate change, even seemingly unrelated topics—like your morning cup of coffee—are starting to raise important questions about the environmental crisis. In his recent piece for the Ottawa Citizen, columnist David Richardson...

Smart Grid

Smart Grid, Smart Metering, T&D Automation

T&D Automation

Vehicle-to-Grid Integration

How utilities can move forward using electric vehicles BY BEAUDRY KOCK, Recargo Until recently, North American electric utility reps might have understood electric vehicles in one dimension only: potential adverse impacts on the power grid. However, as knowledge and understanding have grown, such...
Utility Automation & Monitoring T&D

Making the World More Sustainable

Smart grid is an idea of upgradation of the traditional electric grid infrastructure. The efficiency of the existing electrical grid can be automated by integrating with innovative technical equipment such as: high-tech forecasting system, digital sensors, advanced two-way communication...
Distribution Automation

Grid Modernization Strategies

Moving utilities toward a modern energy system BY RONNY SANDOVAL, Environmental Defense Fund The need to build a smarter energy infrastructure has never been greater. Storms and other extreme weather events such as Hurricane Sandy continue to test the limits of the existing, century-old electric...

Changing Utility Business Models And Electricity Investment In Europe

The traditional utility business model of selling electricity from large-scale thermal power plants and expanding grids to meet rising demand historically has supported strong balance sheets. With this financial strength, utility retained earnings served as the primary financing source for the electricity sector.

In many markets, utilities serve as reliable purchasers of power, facilitating investments by independent power producers. But as the role of electricity in the world economy expands, technology innovation creates new opportunities and governments simultaneously prioritize electricity security and a transition toward more sustainable energy use, investment decisions are becoming more complex.

The economic performance of utilities...