Most utility customers now pay an average price for electricity that changes little (if at all) over the course of the year. Average, flat-rate, real-time pricing is akin to a form of insurance, where a premium is paid to hedge against market volatility and price spikes. Yet this approach misses the system-wide benefits of dynamic electricity pricing, in which customers pay for power through time variant rates.
Until recently, quantifying the cost of this trade-off...
How utilities can become data-driven organizations As industry challenges continue to grow, the pressure on utilities to optimize their operations has never been stronger. From amplified pressure to manage customer relationships more effectively to the ever-present need to cut operational costs,...
Brief Background: In the early 1900’s Aluminum Conductor Steel Reinforced (ACSR) conductor was developed to replace copper wires, due to the war effort when copper was needed for munitions. In the 1970’s growing demand for electricity inspired the development of higher capacity...
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's (FERC) failure to act on ISO New England's (ISO-NE) proposed interconnection reforms is raising alarms, as it could prevent up to 3 gigawatts (GW) of new resources from participating in the region's upcoming capacity auction. The delay, if unresolved,...
Alliant Energy has officially brought Iowa’s largest solar facility online, marking a significant milestone in the state's renewable energy landscape. The 200-megawatt (MW) Pleasant Creek Solar project, located in Linn County, is now operational and supplying clean electricity to Alliant...
Texas is at a pivotal crossroads in its energy policy, with legislative actions that could significantly reshape the state's electricity landscape. A recent report by Aurora Energy Research, commissioned by the Texas Association of Business, warns that proposed restrictions on renewable energy...
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...
The Federal Energy Regulatory Commission (FERC) has launched a review of the rules surrounding the colocation of large energy consumers, such as data centers, with power plants within the PJM Interconnection region. This review follows concerns raised by stakeholders, including major energy...
The Federal Energy Regulatory Commission's (FERC) failure to act on ISO New England's (ISO-NE) proposed interconnection reforms is raising alarms, as it could prevent up to 3 gigawatts (GW) of new resources from participating in the region's upcoming capacity auction. The delay, if unresolved,...
Puerto Rico's electric utility, LUMA Energy, recently revealed plans to integrate nearly 1 GW of renewable energy and over 700 MW of energy storage into the island’s power grid. This initiative is part of a broader effort to move away from fossil fuels and to enhance the resilience and...
