Power grids around the world are getting smarter thanks to the Internet of Things (IoT). While Smart Grid technologies are making the headlines, and poised to grow to more than $118 billion by 2019, according to November 2015 research from analyst firm Transparency Market Research—many utilities just aren’t ready to make the jump to full Smart Grid capabilities. In many cases, it’s the smaller improvements and IoT implementations in addition to larger-scale Smart Grid deployments
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How utilities can yield significant operational benefits BY JEFF WALZ, Siemens Smart Grid As North American electric utilities continue to transform their existing electric delivery assets into a smarter grid, strong emphasis is placed on systems, products, and services that provide value in...
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...
Utilities worldwide are adopting innovative technology to embrace the potential of the Smart Grid while conquering a myriad of new challenges posed by it, and by a new host of financial and regulatory challenges. In order to take advantage of the opportunities presented, while at the same time,...
Market developments toward grid modernization 17% Compound annual growth rate (CAGR) at which the U.S. SCADA market revenue is expected to grow during the 2014 to 2020 period At this point, the CAGR for U.S. SCADA (supervisory control and data acquisition) market revenue has increased from $0.8...
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 a significant move that underscores the growing demand for reliable and sustainable energy to power the expanding digital infrastructure, the Federal Energy Regulatory Commission (FERC) has approved an interconnection agreement between Talen Energy, Amazon Web Services (AWS), and Exelon. This...
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...
The electric power industry is increasingly having to evaluate the growing penetration of distributed energy resources (DER). New sets of challenges exist for planning and operating the grid, especially with the distribution systems in which these new resources must be integrated. Now electric...
Increasing the hosting capacity of distributed generation in power distribution systems is identified as key low-carbon solution to help meet the aggressive greenhouse gas emission reduction targets in the energy sector. The deployment of distributed generation technologies is creating a paradigm...
NEURAL GRID TAKES SMART GRID INTO THE CLOUD The Neural Grid represents more than Smart Grid v2.0—much more. Today, the smart grid implies the legacy mechanical power transmission and distribution (T&D) networks enhanced by pockets of automation, connectivity, and centralized IT systems. The...
