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...
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...
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...
Distributed energy resources (DERs) can benefit the power system and individual homes and businesses. DERs can increase the resiliency and reliability of the power grid, reduce greenhouse gas emissions, reduce the overall power cost, and provide power at the point of use. Several types of DERs can...
How the U.S. and Canada maximize their working relationship BY PATRICK BROWN, Canadian Electricity Association (CEA) North America is shifting towards a new energy paradigm. Where it was once viewed through the prism of scarcity, some are now beginning to speak of energy in the language of...
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...
