decentralization

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

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

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

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 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

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