decentralization

  • Transforming the Grid: Forging a Path to Resilience

    The U.S. power grid has delivered electricity reliably for decades. However, today the grid faces challenges that are driving transformation, reshaping its operational scope and the technologies on which it relies.

  • How HIL Testing Supports Grid Reliability and Power Project Success

    Hardware-in-the-loop (HIL) testing involves simulation of power plant behavior using the actual site-specific power plant controls before the commissioning stage. HIL testing can benefit all project

  • The Role of Virtual Power Plants in a Decentralized Power Grid

    Virtual power plants are becoming a driving force in the power sector. This article explains how they enable utilities and aggregators to pool production from multiple plants and distributed sources, achieving

  • The Evolution of Power Business Models

    Traditional models have been upended by recent disruptions, including decarbonization, decentralization, and even the COVID pandemic, but new ones are replacing them that focus on customer preference

  • Why the 2010s Were a Definitive Decade for Power

    Every one of the 13 decades that POWER magazine has been in print has been definitive for electric generation technology, policy, and business in some significant way, but few have been as transformative as the 2010s. The decade opened just as the global economy began to crawl toward recovery from a historically unprecedented downturn that […]

  • The Future of Energy

    The future of energy is electric. It is a future that is evolving rapidly, bringing significant changes. Traditional suppliers are scrambling to stake their claims and remain relevant. Market trends point

  • Electric Power Trends and Opportunities

    I was recently reviewing a report issued last year by BMI Research, a Fitch Group company. The Megatrends 2050 Special Report , as it is called, suggests there are three main trends that will transform the