The U.S. Department of Agriculture (USDA) is investing $236.3 million to help modernize and improve the reliability of rural electric systems in eight states. A modern, reliable electric system is critical to attract and retain residents and businesses to rural communities.
The global smart grid market was valued at $37.7 billion in 2012 and is forecast to reach $118.1 billion in 2019-- growing at a compound annual growth rate of 18.2 percent from 2013 to 2019, according to Transparency Market Research (TMR).
Vendors are systematically enriching their product features and functionalities with many providing broad capabilities and a future vision that meets and anticipates the needs of utilities, according to IDC.
In a filing, EDF's comments focus on both traditional objectives of resource adequacy and reliability of electrical service, as well as clean energy solutions, customer engagement, and openness to innovation.
The proposed standard enhances NERC's foundational physical security efforts and helps ensure that owners and operators of the bulk power system take the necessary steps to protect the grid from physical attacks.
The National Association of Regulatory Utility Commissioners (NARUC), the national association representing the State Public Service Commissioners, recently adopted a series of policy resolutions. Grid security, reliability, and natural gas vehicles were among the top energy issues examined.
The Energy Policy Act of 2005 contained specific provisions requiring cybersecurity protection of electric grid communications networks. But, nine years later, communications between grid control centers and transformer substations are still not protected against cyberattack-- and the nonprofit research group Foundation for Resilient Societies (as well as many in the energy industry) is not happy.
Energy storage, driven largely by electronics and plug-in vehicles, will grow at a compound annual growth rate (CAGR) of 8 percent to $50 billion in 2020, with dramatic shifts coming from the transportation industry, according to Lux Research.
The National Institute of Standards and Technology (NIST) has announced a competition to create a Community Resilience Center of Excellence. The center will be dedicated to collaborative, interdisciplinary research aimed at developing tools and standardized methods that will enhance the ability to reduce the impact of disasters and to speed recovery in the aftermath.
The direction this quest took me was a long ride across many different business models and industries. I found the question I needed to answer was "what environmental factors act on each systems and what components need to be in a central DNA to support each of these environments and actors?"