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...
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 increasing frequency and intensity of climate-related disasters are placing unprecedented strain on the world's electricity networks, with severe implications for global energy security. According to a recent Bloomberg report, the effects of climate change are pushing many electricity grids to...
Exploring communications for real-time network visibility BY DONALD POLLOCK, Ambient Corporation In August 2013, a report entitled “Economic Benefits of Increasing Electric Grid Resilience to Weather Outages” prepared by the White House Council of Economic Advisors and the U.S. Department of...
In the rapidly evolving landscape of power grid management, digital twin technology is emerging as a game-changer for substations. By creating virtual replicas of physical assets, digital twins bridge the gap between the physical and digital worlds, enabling enhanced operational efficiency 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 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...
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...
