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...
Every day across the country, animals enter substations for warmth, food, security, or simply out of curiosity. In many areas, wildlife intruding into power equipment has become the leading cause of outages – even more common than storms or vegetation.A single substation outage can cost tens...
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 rapid evolution of technology has brought significant advancements in the field of electrical substations, transforming them into highly automated, efficient, and reliable components of the power grid. These advancements are crucial in managing the increasing complexities of modern power...
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 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...
The integration of renewable energy sources (RES) into smart grid systems represents a fundamental shift in how energy is generated, managed, and consumed. This transformation is vital for modernizing energy infrastructure, enhancing grid reliability, and fostering sustainability. The shift from a...
The Federal Energy Regulatory Commission (FERC) recently hosted the Co-Located Load Conference, a significant event that focused on resource adequacy, energy reliability, and the challenges of ensuring sufficient electricity supply amidst changing grid dynamics. As the energy landscape continues to...
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...
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...
