There are more players vying for a piece of the smart grid pie and less stimulus funds to spend. However, the overall outlook is still quite positive from both a utility and vendor perspective.
In many ways, rural electric cooperatives are smart grid trendsetters. Cooperatives are ahead of the curve when it comes to maintaining relationships with their customers. Cooperatives are also technology innovators and these small, rural utilities have helped lead the industry's adoption of AMI, interoperability and cybersecurity solutions. As the industry continues its evolution toward smart grid, utilities can learn and benefit from the rural electric experience.
By Megan Dean, Sr. Research Analyst, Zpryme
Many countries worldwide are completing their smart meter and AMI deployments and are looking for ways to optimize the data collected. Nations are also looking for ways to implement relatively inexpensive additions to their smart grid to receive a return on their investment. Still other nations are investigating ways to create a more reliable and consistent grid that enables customers to reduce their consumption, thus reducing the energy demand currently, and allowing current levels of production to meet the needs of a larger population with a higher standard of living. Feature
By Wanda K. Reder, chair, IEEE Smart Grid Taskforce
The U.S. economy is healthier today than it has been in recent years, and it is now time to position the country for prosperity. One of the most promising opportunities we have to further bolster the country's economic vitality is to push ahead with electric grid modernization investments that bring the smart grid to reality. Feature
IT/OT convergence delivers high degrees of grid automation, sensing and visibility; achieves greater control of distributed generation; and provides better support of regulatory compliance. Those are just a few points touched on by an expert panel of speakers during yesterday's Fierce Live! Webinar, "The IT/OT Integration Imperative," sponsored by ABB.
ComEd is already losing an estimated $168 million in smart grid funding as a result of the $100 million annual reduction in funding by the Illinois Commerce Commission beginning in 2014. Now, the utility faces a class action lawsuit and a $182 million penalty for delays and costs associated with its smart meter rollout.
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As sales of electric vehicles increase, there is a need to assess the potential impact that a cluster of EVs may have in a local area served by one electricity substation.
A multi-year, $1 billion program has been proposed by the Power Line Undergrounding Task Force and accepted by Washington, D.C. Mayor Vincent C. Gray to address the significant power outages District residents and businesses suffered as a result of the severe derecho thunderstorm system that left extensive wind damage in June.
The area of strongest smart grid growth in China will be transmission upgrades, anticipated to reach more than $72 billion in revenue by 2020 on a cumulative basis.
Paris, France, the "City of Lights," is embarking upon a program to reduce its public lighting consumption by 30 percent over the next 10 years.
The GridSTAR Net Zero Energy Demonstration Structure is the first phase of the GridSTAR Center and will serve as a hub for workforce training, building performance testing, energy management research and smart microgrid modernization deployments.
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The solar market underwent a boom, and then victimized itself with its own rapid success. But once the dust settles, the industry will come out stronger in its operations, financials and technology.
Con Edison Chairman and CEO Kevin Burke told shareholders at a recent meeting that, while the company plans to invest $1 billion over the next four years for storm protection measures, a key factor is working with others so customers can get power back more quickly after disasters.