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State of Industry


Shedding Light on North America's Power System

What is next for the century-old electricity grid? BY MALCOLM METCALFE, ENBALA Power Networks Today’s power system is undergoing a paradigm shift that is changing many fundamental design principles that have been in use for nearly 100 years. The existing grid has been carefully planned and...


PJM Urges FERC to Dismiss Complaint Over Soaring Capacity Auction Costs

In a recent development, the PJM Interconnection, along with independent power producers and clean energy trade groups, has urged the Federal Energy Regulatory Commission (FERC) to dismiss a complaint filed by ratepayer advocates concerning PJM's last capacity auction. The complaint, which seeks to...

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...

Opening the Door to Grid Modernization

IESO stays ahead of Ontario’s rapidly changing marketplace BY PHILL FELTHAM, Editor-in-Chief Electricity Today Magazine Grid modernization is a buzz term used by regulators, utilities, and other participants within North America’s power sector. Modernizing the power grid is the proposed answer...

How utilities can keep the lights on

Utilities worldwide have been on a roller-coaster ride, and an often painful one, over the past decade. Despite the sharp growth in global demand for electricity, many utilities have lost value or posted below-average returns. A McKinsey analysis of 50 major publicly listed utilities from Asia,...

State of Industry

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 objects, such as watches and sunglasses, will be connected to the Internet to serve the user automatically. Smart watches and other wearables fit well into this definition.

Besides consumer use, IoT has caught the eye of the power
industry. In fact, electric utilities are already purchasing—and using—existing technologies from various manufacturers and vendors to enable IoT deployments. Industry organizations such as the IEEE Standards Association (IEEE-SA) are in the process of implementing new standards for use as well.

Currently, an IEEE Working Group is developing the IEEE P2413: “Standard for an Architectural Framework for the Internet of Things”. This standard defines an architectural framework for the Internet of Things, including descriptions of various IoT domains as well as domain abstractions. Additionally, the standard identifies commonalities among the different IoT domains.

State of Industry Articles