State of Industry

The Power Industry's Vision Statement

Strategies to move the electricity sector into the future BY CANADIAN ELECTRICITY ASSOCIATION As electric utilities consider options for the future of electricity, they need to remember the journey that created the current power system. When the electricity industry started in the late 19th...

DOE Prioritizes Baseload Generation

In a strategic move to tackle the growing electricity demand and bolster energy security, the U.S. Department of Energy (DOE), under Secretary Chris Wright, has announced plans to focus on expanding baseload and dispatchable power generation. This shift in priorities, outlined on January 5, 2025,...

FirstEnergy Explores Alternatives to PJM Capacity Market

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...

Internet of Things Phenomenon

The introduction of wearable smart watches was a major step forward for Internet of Things (IoT) technology in the consumer electronics arena, and the next major step for computing. The Guardian News, a U.K.-based national newspaper, calls this next era a “programmable world” where multiple...

Making the World More Sustainable

Smart grid is an idea of upgradation of the traditional electric grid infrastructure. The efficiency of the existing electrical grid can be automated by integrating with innovative technical equipment such as: high-tech forecasting system, digital sensors, advanced two-way communication...

Aging Infrastructure: How to Save Aging Assets

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...

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