Energy suppliers will need to get the data collection and analysis right if they are to make sense of the vast amounts of information generated by smart grids, in order to provide the benefits demanded by increasingly connected and empowered consumers, according to attendees at the recent Smart Grid World Summit in London. Article
The New Year is always a great time to reflect on the progress we've made, as well take a look at what's ahead. The topic of data and analytics in utilities exploded onto the scene a few years ago, and, although the topic brought a lot of hype, it is definitely seeing progress now within utility companies. Even with this progress, we still need to be cognizant of curveballs that could drastically change data and analytics plans in the utility industry. Article
It is that time again for a Smart Grid News tradition – the annual SGN Companies to Watch (C2W).We will be spotlighting cutting-edge smart grid companies with the potential to be breakout stars in 2015. But we need your help. It is through your nominations, in this fifth annual competition, that fitting companies will be selected and then narrowed down as finalists. Article
While some utilities have no social media strategy whatsoever, and others are just now putting their big toe in to test the waters, Integrys Energy has been using social media for more than five years, beginning back in 2009. I had the opportunity to catch up with Susan Baranczyk, Integrys Energy Group's Manager of Brand Strategies to discuss how the Midwest energy company and its seven brands implement social media strategies and technologies across multiple business units. Susan was extremely forthcoming and willing to share some of the secrets to the company's success with social media. 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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To bring more reliable power to homes and businesses in Portsmouth, Middletown and Newport, Rhode Island, National Grid will invest approximately $93 million in the electricity transmission and distribution systems on Aquidneck Island as part of the Aquidneck Island Reliability Project. The project will increase delivery capacity on the Island to meet power supply needs well into the future.
In the digital energy industry, fluctuating oil prices will cause shifts in mergers and push oil companies to embrace IoT to monitor analytics and optimize efficiencies.
West Virginia is thought of as a coal state, and it should be. It is a heavy coal producer and coal-fired generation plants provide about 95 percent of the state's net energy generation. Renewable energy is growing in West Virginia, but the most recent vote in the state legislature this week seems to assure that growth will have a rough time of it.
Wasatch Front, a string of communities and cities tucked against the Wasatch Range in north central Utah, has a problem. A thick haze of pollution layers over the region and the rest of the Salt Lake Valley during the winter months and has raised serious questions regarding air quality and health. Now, an organization of Utah businesses has joined in a broader effort to deal with it.
A group of utility executives, worried about the massive influx of distributed solar power generation on their electric grids, were almost begging in 2013 for smart solar inverters which could mitigate voltage fluctuations that can be damaging to equipment. It seems to have taken a while, but their wish is gradually coming true.
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After more than three years of oil prices at between $100 and $110 per barrel, prices collapsed by nearly 50 percent in late 2014 after OPEC refused to cut production. Combined with modest oil demand growth since 2010, restored production in countries like Libya and Iraq and the huge increase of U.S. light tight oil production, OPEC's decision has contributed to a massive supply/demand imbalance and the resulting price drop, according to Ernst & Young.
With a major solar plant on the way and the possibility of another, Buffalo, New York is emerging as a solar manufacturing powerhouse.