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) programs continue to capture market share, resulting in lower revenues, higher integration costs, lower profitability, and potential credit impact.
2 Existing regulatory process and tariff structures challenge the ability to recover lost revenues (albeit, slowly changing)....
Utilities worldwide are adopting innovative technology to embrace the potential of the Smart Grid while conquering a myriad of new challenges posed by it, and by a new host of financial and regulatory challenges. In order to take advantage of the opportunities presented, while at the same time,...
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...
Improving T&D planning and operations BY TAO HONG, University of North Carolina at Charlotte Running the most complicated man-made object in the world, utilities are keeping the lights on for 5.3 billion people globally. In such an engineering savvy industry, energy forecasting is a crucial...
Calling utilities and regulators to move forward with new ideas A significant regulatory barrier stands in the way of innovation in Canada’s gas and electric utility sectors. Current regulatory practices were designed for existing and relatively low-risk technologies rather than innovative new...
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...
