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...
Asset and risk management for electric utilities BY SIRI VARADAN, UISOL, & SERGE VANASSE, Clevest Aging transmission and distribution (T&D) infrastructure is a critical issue for electric utilities, resulting in the need for utilities to make decisions regarding the replacement, repair,...
Standards are just the beginning BY RICK GEIGER, Cisco Systems The aging electrical infrastructure and utility industry is undergoing its greatest transition in a generation. Grid modernization is already having a significant impact on how the energy industry operates. As with the adoption of any...
Examining the foundational elements in architecture decision BY TOM WILSON, Itron In recent years, the utility industry has seen a diverse set of use cases for Smart Grid deployments emerge. North American electric utilities are carefully considering architecture decisions to ensure that the...
How to improve reliability by hardening the power grid BY BO ZENG, WEI YUAN & LONG ZHAO, University of South Florida North America relies heavily on its interconnected power grid. Throughout its history, the grid has provided years of reliable electricity to 300 million people to power home...
A Smart substation digitizes protection and control, enabling utilities to detect faults faster, manage DER volatility, and reduce outage risk. The payoff depends on architecture, cybersecurity, and edge analytics, not just new relays. The shift toward smart substations is inseparable from broader...
As the global demand for renewable energy intensifies, wind farms are emerging as pivotal players in the transition to sustainable power sources. In 2023, the wind industry added a remarkable 117 gigawatts (GW) of global capacity, underscoring its growing significance in the energy landscape....
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 the evolving landscape of power grid management, integrating advanced sensor technologies in intelligent transformers and substations is revolutionizing monitoring and control. These sensors provide real-time data collection and analysis, significantly improving asset management and fault...
The evolving demands of modern power grids necessitate the adoption of advanced technologies that can provide enhanced efficiency, reliability, and flexibility. Smart transformers are at the forefront of this technological revolution, offering a range of capabilities that significantly improve the...
In a significant shift, the Federal Energy Regulatory Commission (FERC) has decided to abandon its transmission incentives policy, particularly the construction work in progress (CWIP) incentives. This decision marks a pivotal change in how transmission projects are financed and regulated,...
