State of Industry

DOE Grants $2.2B for Transmission and Storage Projects

In a landmark move aimed at accelerating the U.S. transition to a more resilient and sustainable energy grid, the Department of Energy (DOE) has announced a groundbreaking investment of $2.2 billion in innovative transmission and energy storage projects across 18 states. This significant funding...

Working with Third-Party Companies

How utilities can outsource essential functions or services BY ASBURY GAULT, Zenius LLC In today’s business world with ever-increasing employee benefit costs, regulated utilities are challenged with reducing their costs for the benefit of all stakeholders. This force is driving utility managers...

FERC Rejects PJM Transmission Planning Change

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...

Changing Utility Business Models And Electricity Investment In Europe

The traditional utility business model of selling electricity from large-scale thermal power plants and expanding grids to meet rising demand historically has supported strong balance sheets. With this financial strength, utility retained earnings served as the primary financing source for the...

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,...

NAVIGATING THE UTILITY DIGITAL TRANSFORMATION

The Digitisation of utility operations has been evolving at an accelerating pace over the last decade. Many utilities saw this trend developing, and one by one they began their own digital transformation, each on their own path. While each utility is at its own stage of this journey, every utility...

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