Convergence of information and operation technologies (IT & OT) to build a successful Smart Grid
BY RICK NICHOLSON, Ventyx
Smart Grid is a buzzword that has become an intrinsic part of the North American electric utility industry language in the past few years. Nearly every participant in the industry—investor-owned utilities (IOUs), municipalities, operators, vendors, consultants, analysts, and regulators—promotes the Smart Grid as the vehicle that will allow the industry to modernize its infrastructure and use...
Market developments toward grid modernization 17% Compound annual growth rate (CAGR) at which the U.S. SCADA market revenue is expected to grow during the 2014 to 2020 period At this point, the CAGR for U.S. SCADA (supervisory control and data acquisition) market revenue has increased from $0.8...
Currently, the power industry is experiencing profound changes that pose a number of uncertainties for electric utilities. Now, utility executives must consider new business models, become acquainted with new industry participants, and understand the new roles emerging for technology, customers,...
Why technologies are important to grid modernization BY MANI VADARI, Modern Grid Solutions Electricity is one of the cornerstones of our economy. A modern electric grid is critical for our economic and national security. The National Academy of Engineering has called the North American power grid...
It is a truth universally acknowledged that billions of people around the world live in poverty. But does it have to be that way? Today’s technological progress means that tomorrow we will be able to produce more, more efficiently – lifting people above the breadline with accelerated...
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...
