The North American Electric Reliability Corporation (NERC) currently has two major initiatives under way in the reliability standards and enforcement areas to which electric industry participants should pay particular attention. Article
Our inaugural Fierce Innovation Awards: Energy Edition were so successful, we decided to do it again. The caliber of entries and level of innovation was impressive -- even more so than last year. Winners were selected by people who are most in need of cutting-edge technologies -- executives from well-known, highly respected utilities -- not by editors. Article
The National Institute of Standards and Technology (NIST), its National Cybersecurity Center of Excellence (NCCoE) and cybersecurity industry experts met this week to enter the home stretch toward a vexing issue -- defining identity and access management (IAM) controls over electric power plant resources that minimize information security risks while unleashing a new era of "smart grid"-based services. "smart grid"-based services. Article
Utilities are facing unprecedented challenges to their traditional business models. A growing number of utility customers in the U.S. are selling electricity generated by distributed energy resources (DER) like rooftop solar back to their utility at retail rates via net metering -- meaning that these customers are using the grid without having to pay for it. Coupled with slow electricity sales growth and greater energy efficiency, this trend is driving per-customer electricity rates up for the rest of the utility's customer base and eroding utilities' revenue streams, even as the cost for maintaining the grid goes up. Article
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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The U.S. Department of Energy (DOE) has been working with regional and local utilities and co-ops across the nation to improve the reliability of the grid and is beginning to see the fruits of its labor. DOE is sharing the results of programs supported by Smart Grid Investment Grants (SGIG) with a series of case studies available from grant recipients. In the latest case study, Duke Energy customers are seeing benefits in Ohio and the Carolinas thanks to Duke's comprehensive grid modernization program, which was funded, in part, by a DOE SGIG.
If you want to know how your customers feel about the smart grid and what motivates them in terms of buy in, you need look no further than the Smart Grid Consumer Collaborative's (SGCC) most recent report, which indicates that the internal and external motivators for different groups vary significantly between those customers that feel engaged and those that do not.
A new partnership has been formalized with the signing of a Memorandum of Understanding between the U.S. Department of Energy (DOE), Oak Ridge National Laboratory (ORNL) and Chattanooga's EPB, one of the largest publicly-owned electric power distributors in the country. The partnership will establish Chattanooga's smart grid as a living laboratory for testing new energy technologies. Under the agreement, DOE and ORNL will apply their technical expertise in areas such as data analytics, control systems, cybersecurity and high-performance computer modeling to test new smart grid technologies and processes on the electric grid in Chattanooga.
The top VC funded companies in the third quarter were a home automation solutions provider, a big data analytics and cyber security solutions provider, a provider of cloud analytics software to optimize energy consumption for buildings, a technology platform provider for the intelligent active management of distributed energy assets allowing renewable energy generators, storage providers and energy users to trade at a micro-grid level, and an electric vehicle charging infrastructure provider.
Making the power grid more flexible, resilient, and efficient is the single most important objective for electric utilities today, and a number of voltage-adjustment and reactive power correction technologies, known as dynamic voltage and VAR control architectures (DVCAs), can help ensure power delivery that is both reliable at peak loads and continuously efficient.
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For the fourth year in a row, California continues to be edged out of the number one spot for the most energy-efficient state in the nation by Massachusetts. That is according to an annual ranking from the American Council for an Energy-Efficient Economy (ACEEE), which places Massachusetts first and California second in the country.
A "myopic focus" was touted as the reason for PJM Interconnection's current diverse fuel mix this week at PJM's Grid 20/20: Focus on Resource Diversity in Washington, D.C., with the impacts of the world's largest and fastest fuel switch, evolving federal policies and the increasing use of non-traditional generation being cited as driving the industry to recognize the greater need for resource diversity.