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...
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...
One of the important trends in design of new overhead lines over the past 20 years has been development of structures and designs that are less obtrusive and more pleasing visually. Much the same process has also been going on at substations. For example, even 25 years ago, efforts had already been...
Distributed energy resources are poised for “explosive growth” across the United States over the next five years. U.S. utilities “need to change, and are slowly changing,” how they plan, operate and maintain their distribution grids to adapt.That’s how Ben Kellison,...
Applying limited resources to critical, aging infrastructure BY MASSOUD AMIN, IEEE Smart Grid, University of Minnesota The Smart Grid’s contributions to improving electric utilities’ means of monitoring the condition of assets, providing enhanced situational awareness, and faster...
Reliable and secure communication infrastructure is essential to the safe and efficient operation of the modern power grid. As utilities transition to digital substations, integrate distributed energy resources (DERs), and deploy real-time monitoring systems, the need for robust, scalable grid...
The power industry is undergoing a profound transformation driven by grid modernization, renewable integration, and increasing demands for resilience and efficiency. At the heart of this evolution lies the smart substation—a next-generation facility equipped with advanced sensors, digital...
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...
