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...
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...
Solving common mistakes in communications cabling for electrical utilities BY FRANK KODITEK, Belden Inc. In the energy industry, there are numerous types of cables in use for a wide variety of applications, from transporting high-voltage current for miles to providing power and data connectivity...
How new technologies can improve monitoring and control BY LOURENCO TEODORO, InduSoft Substations are a critical component for maintaining electrical supply and load control in low voltage, medium voltage and high voltage electrical distribution networks. In order to ensure the proper functioning...
Recent physical attacks on substations have heightened the industry’s awareness of the necessity for physical security of critical facilities on the bulk power system. The goal of the North American Electric Reliability Corporation (NERC) Critical Infrastructure Protection (CIP) reliability...
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...
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...
