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...
Taking a stand against threats to ensure reliability BY JOHN FINNIGAN, Environmental Defense Fund If Ben Franklin lived today, he might say that nothing is certain but death, taxes, and cyberattacks. The U.S. electric grid is under constant cyberattack, according to a survey of electric utilities...
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...
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...
Standards are just the beginning BY RICK GEIGER, Cisco Systems The aging electrical infrastructure and utility industry is undergoing its greatest transition in a generation. Grid modernization is already having a significant impact on how the energy industry operates. As with the adoption of any...
Time-Sensitive Networking (TSN) and private 5G networks promise deterministic, low-latency communication for modern protection and control—extending real-time reliability beyond the substation fence. Why Determinism Matters In protection systems, milliseconds determine success or failure. A...
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 shift from traditional electrical grids to smart grids marks a pivotal moment in the evolution of energy distribution and management. Smart grids leverage cutting-edge technologies like artificial intelligence (AI), the Internet of Things (IoT), and advanced automation to transform how...
The Federal Energy Regulatory Commission (FERC) has rejected a proposal from PJM Interconnection, one of the United States' largest regional transmission organizations, to alter its transmission planning protocol. The decision represents a significant victory for state regulators who had expressed...
As Texas continues to experience rapid population growth and surging electricity demand, there is increasing pressure on the state's electrical grid to meet the needs of its residents. According to Texas energy leader, Dan Woodfin, the state's grid needs a fundamental redesign to address the...
