The digital revolution is transforming the way that many sectors work and the energy industry is on its way to becoming one of the biggest benefactors of this change. Although there’s no doubt it’s yet to be exploited to its full potential, new innovations and improved processes will see a far greater take-up as organizations […]
Legislative scrutiny of the energy industry have picked up of late. Here are practical steps from law firm K&L Gates that your company could take to prepare for congressional investigations.
COMMENTARY The 19th-century electrical grid has had a good run in the United States. For more than 100 years, it has reliably provided electricity to end-users based on the premise that a centralized generation and transmission model was the way to go. Large coal, hydro and (later) nuclear generating facilities would produce huge amounts of […]
Electricity demand spiked considerably in South Australia this past January as residents tried to stay cool in the middle of a record heat wave that brought temperatures up to 46.6°C (or about 115°F). To ensure a stable power supply would be available, the South Australian government fired up two power plants (276 MW) that the […]
Despite years of escalating natural disasters and dozens of reports examining the science and economic cost of climate change, the Green New Deal framework now languishes as a result of political backlash and its outsize ambition to remake the American economy. But dismissing the issue, and this opportunity, is unnecessary and dangerous.
Cyber-attacks on industrial control systems (ICSs) are no longer a hypothetical. As pieced together by the Wall Street Journal, in 2017, Russian hackers attacked a small construction company, exploiting the organization’s connections with utilities and government agencies. Through an integrator, the hackers accessed computer-network credentials, giving them the ability to get into computer systems that […]
Consumer interest in rooftop solar is higher than ever. The most recent numbers from Pew Research show 89% of U.S. adults favor the expanded use of solar power, while only 9% oppose. Historically, this interest has only been met by solar salespeople, which can create a consumer protection risk. The Federal Trade Commission (FTC) has taken notice: […]
Wouldn’t it be nice if we could travel in time? From space travel and self-driving vehicles to video calls and virtual reality, innovations in technology continue to push the boundary between science fiction and science fact. In the power industry, we are witnessing a dramatic transformation, as wireless networking technologies drive advancements in the Internet […]
COMMENTARY Are power purchase and similar agreements excluded from the automatic stay under the safe harbor for forward contracts? Both the FirstEnergy Solutions and Pacific Gas & Electric (PG&E) bankruptcies have seen proceedings regarding power purchase and similar agreements (PPAs) that raise this question. Contracts often contain provisions that enable a party to terminate or modify […]
There is no industry more concerned with continuity of service than the power industry. Maintaining power supply to constituents is the critical mandate of every plant, whether harnessing energy from the sun, wind, water, coal, or nuclear sources. While consistency is a top priority, the plants themselves are often in a state of flux due […]