In a strategic move aimed at enhancing its power supply reliability, FirstEnergy is actively exploring alternatives to the PJM capacity market. This development reflects the company’s proactive approach to addressing challenges within the existing market structure and ensuring a more robust and resilient energy supply for its customers.
Understanding the PJM Capacity Market
The PJM capacity market, administered by PJM Interconnection, is a critical component of the region’s electricity market, which spans parts of the...
Itron Inc, which makes technology to monitor energy and water usage, said it would buy Silver Spring Networks Inc., in a deal valued at about $830 million, to expand its presence in the smart city and smart grid markets. Silver Spring’s network equipment and services help transform power...
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...
Build a successful Smart Grid with IT and OT technologies Utilities have found that the newest technological advancements can help achieve significant progress towards the requirements of those three drivers. These advancements appear most visible in the areas of communications, sensors, control...
Maximizing continuous and reliable power output, extending the life of a power transformer, and reducing maintenance costs are just a few of the benefits motivating electric utilities to move toward buying a “smart transformer”, electrical equipment integrated with Smart Grid-enabling software...
A coalition of large energy consumers and ratepayer advocates has filed a complaint with the Federal Energy Regulatory Commission (FERC), urging the agency to prohibit transmission owners from independently planning "local" transmission projects exceeding 100 kilovolts (kV). The coalition argues...
In a significant move for the renewable energy landscape, RWE, a leading global energy company, has announced the addition of 450 megawatts (MW) of battery energy storage capacity in Texas. This expansion underscores the growing importance of energy storage solutions in enhancing grid reliability...
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...
In a strategic move aimed at enhancing its power supply reliability, FirstEnergy is actively exploring alternatives to the PJM capacity market. This development reflects the company’s proactive approach to addressing challenges within the existing market structure and ensuring a more robust...
Itron Inc, which makes technology to monitor energy and water usage, said it would buy Silver Spring Networks Inc., in a deal valued at about $830 million, to expand its presence in the smart city and smart grid markets. Silver Spring’s network equipment and services help transform power...
Increasingly, electric utilities are deploying intelligent electronic devices (IEDs) and other smart apparatus in substations and along distribution feeders as well as equipping field workers with laptop, tablet and handheld computers. Electric utilities are also installing specialized computers...
