Growth & Innovation

Why Net-Zero is Cheaper for the UK

The United Kingdom has set an ambitious target to achieve net-zero greenhouse gas emissions by 2050. This goal necessitates a comprehensive transformation of various sectors, including energy, transportation, and agriculture. While the environmental imperatives are clear, there is growing evidence...

The End of the Road for Transmission Incentives

In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated,...

Duke Energy Florida Adds 300 MW with Four New Solar Projects

Duke Energy Florida has announced plans to build four new utility-scale solar energy facilities across the state, aimed at adding 300 megawatts (MW) of renewable energy to the grid. This expansion is part of the company’s broader strategy to increase its solar generation capacity and...

ENHANCING GRID RESILIENCE WITH INTEGRATED STORAGE FROM ELECTRIC VEHICLES

INTRODUCTIONNatural and man-made disasters threaten the electric grid’s ability to deliver reliable, high-quality power. Routine voltage sags and momentary interruptions impact power quality and are costly to producers and consumers. As the U.S. economy becomes increasingly dependent on...

FirstEnergy Explores Alternatives to PJM Capacity Market

In a strategic move aimed at enhancing its power supply reliability, FirstEnergy is actively exploring alternatives to the PJM capacity market. This development reflects the company’s proactive approach to addressing challenges within the existing market structure and ensuring a more robust...

ADVANCED ANALYTICS

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)...

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