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Growth & Innovation


How Utilities Can Navigate the Energy Transition

The energy transition is an evolving process that is reshaping the utility sector, bringing both opportunities and challenges. As utilities face the need to shift from fossil fuels to cleaner, more sustainable sources of energy, they must develop strategies that address immediate operational needs...


DOE Grants $2.2B for Transmission and Storage Projects

In a landmark move aimed at accelerating the U.S. transition to a more resilient and sustainable energy grid, the Department of Energy (DOE) has announced a groundbreaking investment of $2.2 billion in innovative transmission and energy storage projects across 18 states. This significant funding...

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)...

U.S. Wind Energy Investment Surges While Solar Stagnates

In recent years, the U.S. energy landscape has been undergoing a dramatic transformation, characterized by significant shifts in investment patterns across renewable energy sectors. According to a recent BloombergNEF report, U.S. investment in wind energy has soared, while solar energy investment...

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...

Growth & Innovation

Duke Energy Approved to Deploy New Power Generation in NC

Duke Energy has received approval from North Carolina regulators to deploy a significant amount of new power generation capacity in the state, including new natural gas plants, as part of its long-term energy transition strategy. The decision, which is expected to have a major impact on the state’s energy mix and grid infrastructure, is aligned with Duke's commitment to reducing carbon emissions while maintaining grid reliability and meeting growing demand.

Key Highlights of the Approval

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Growth & Innovation Articles