Asset and risk management for electric utilities
BY SIRI VARADAN, UISOL, & SERGE VANASSE, Clevest
Aging transmission and distribution (T&D) infrastructure is a critical issue for electric utilities, resulting in the need for utilities to make decisions regarding the replacement, repair, or refurbishment of their assets under a constrained investment environment and other factors.
North American electric utilities are faced with determining the optimal portfolio of asset investment projects from a number of potential projects...
Why technologies are important to grid modernization BY MANI VADARI, Modern Grid Solutions Electricity is one of the cornerstones of our economy. A modern electric grid is critical for our economic and national security. The National Academy of Engineering has called the North American power grid...
Study shows growth from now to 2020 Aging infrastructure and increased demand for power has amplified the demand for transmission towers. In their latest report ,“The Global Market for Electricity Towers and Poles 2014 to 2020”, StatPlan Energy, specialists in the electricity sector,...
In order to improve the efficiency of electrical distribution in commercial buildings, the US Department of Energy (DOE) introduced regulations with more stringent minimums on transformer efficiencies in January 2016. This was covered under the Code of Federal Regulations 10 CFR Part 431.192 and...
Often when project developers talk about the cost of a new power plant, wind farm, or solar installation, they’re referring to the capital cost of building a facility. Certainly those development costs have dropped over time—especially for wind and solar. But developers overlook the...
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...
In a strategic move to tackle the growing electricity demand and bolster energy security, the U.S. Department of Energy (DOE), under Secretary Chris Wright, has announced plans to focus on expanding baseload and dispatchable power generation. This shift in priorities, outlined on January 5, 2025,...
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 rapid shift toward renewable energy resources (RERs) has placed significant demands on traditional power systems. To address these challenges, modern energy infrastructure is evolving into smart grids, leveraging advanced technologies like Virtual Power Plants (VPPs) to enhance grid...
Louisiana, known for its robust oil and gas industry, is experiencing a significant shift as some of its largest industries express frustration over delays in the state’s renewable energy transition. These major players are pushing for accelerated development and implementation of renewable...
Direct current (DC) is the preferred technology for moving large amounts of power across long distances. DC results in overall higher efficiency and reliability than an equivalently-sized alternating current (AC) system moving the same amount of power. The Advantages of DC More efficient: Over long...
