digitalization

2020 was a lot of things, most of them sombre. However, there is one positive way I believe we in the distribution grid sector can describe the year, as an inflection point. In years to come, we may well look back on 2020 as the year when terms like “energy transition” and “digitalization” finally began […]

Company leaders around the globe are more focused than ever on sustainability. The trend has been driven not only by an innate human desire to “do the right thing,” but also because investors and environmentally conscious consumers are demanding that companies evaluate how their operations are affecting the world and make positive changes to reduce […]

The impact of COVID-19 has placed a sharp focus on the importance of not only keeping key personnel safe but also how to better manage risk with fewer resources on site. One unexpected result is the acceleration of interest in digitisation initiatives. Ten years of digital innovation has brought new ways of modelling and managing […]

As it readies for a leadership shuffle, the Department of Energy’s (DOE’s) Office of Nuclear Energy (NE) has rolled out an ambitious “blueprint” that urges continued technology innovation for existing nuclear, advanced nuclear, nuclear waste, and fuel cycles by the incoming Biden administration.  At its core, the NE’s “Strategic Vision” released on Jan. 8 posits […]

The North American Energy Standards Board (NAESB), a wholesale and retail natural gas and power industry forum comprising 300 corporate members, will initially focus its standards development to support cybersecurity and blockchain out of 11 digital technologies it identified that are quickly transforming the energy space.  The board’s April 2019–formed Digital Committee, which comprises 16 […]

“Things keep going,” Brent Tomamichel, fleet manager of Southeast Power (Figure 1), said when asked to describe the current state of the power industry. “Our industry is unique in that way; no matter what is happening in the world, everyone needs and wants their power on.”  If you’re one of the more than 1.9 million people […]

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

The power generation sector has been challenged by trends in digitalization, growth of intermittent renewables, equipment performance improvements, new generation, and storage technologies. Digitalization is a

The COVID-19 pandemic’s impact on the power sector has so far been immense, resulting in supply chain disruptions, labor constraints, construction delays, restrictions on business activities, and, crucially, financial challenges. But according to Dr. Colin Parris, senior vice president and chief technology officer (CTO) at GE Digital, the sector’s response has been adaptive, and digitalization […]

Digitization in the power generation sector continues to expand. Its goal in simple terms—providing easy access to data for power plant operators and engineers, enabling the use of advanced analytics to improve equipment performance and efficiency—has resulted in reduced operating costs for utilities, and also has enhanced plant safety. POWER’s upcoming Connected Plant Conference, set […]