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, potentially impacting stakeholders across the energy sector.
Historically, transmission incentives, including CWIP, were designed to encourage investment in the nation's aging and overburdened transmission infrastructure. By allowing utilities to recover costs during the construction phase,...
Critical infrastructure security is in the national spotlight. In 2020, the power grid and energy sector was the third most targeted sector for cyber-attacks, up from ninth place in 2019, and the threats are growing more sophisticated. The Biden administration recently issued a national security...
How to optimize the entire outage lifecycle BY RICK NICHOLSON, Ventyx The extreme weather just keeps coming. In 2012, there were 11 outages due to severe weather costing at least $1 billion. The year of 2013 had its share as well. More and more, the scale and variety of such major events are...
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...
How new technologies can improve monitoring and control BY LOURENCO TEODORO, InduSoft Substations are a critical component for maintaining electrical supply and load control in low voltage, medium voltage and high voltage electrical distribution networks. In order to ensure the proper functioning...
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,...
