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 billion in 2009 to $2.3 billion in 2013. Primarily, this revenue was generated through the retrofit market, which accounted for a share of nearly 70 percent. Revenue is...
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...
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...
Optimizing power flow using a distribution model BY TIM TAYLOR, Ventyx Today’s emphasis on implementing energy efficiency programs and limiting peak demand growth has driven renewed interest in the most effective method to implement Smart Grid volt-ampere reactive control, or Smart Grid volt/VAR...
With a fast-growing global population and increasing levels of industrialization, demand for electricity is expected to soar 60 percent between now and 2040. That means power grids will be called on to transmit more power, more efficiently. And to do so, they’ll have to adapt to an evolving...
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...
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...
The Public Utility Commission of Texas (PUCT) has unanimously decided to shelve the proposed $1 billion Performance Credit Mechanism (PCM) for power generators, concluding that it would not deliver the anticipated grid reliability benefits. The PCM was conceived as a means to incentivize power...
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...
In a significant move that underscores the growing demand for reliable and sustainable energy to power the expanding digital infrastructure, the Federal Energy Regulatory Commission (FERC) has approved an interconnection agreement between Talen Energy, Amazon Web Services (AWS), and Exelon. This...
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...
