grid modernization

Ontario Power Generation (OPG) will refurbish four units at the Pickering Nuclear Generating Station, Canada’s first major commercial generation plant— marking a major turnaround for the 3.1-GW plant slated to close by 2025. Officials from Ontario’s government and OPG on Jan. 30 announced plans to refurbish Units 5–8 at the massive power plant east of […]

Utilities around the world will embark over the next decade on grid modernization at a monumental scale. With grid resilience and reliability top of mind combined with ambitious decarbonization goals, smart

The power industry’s rapid adoption of digitalization is a striking example of its dynamic innovation—the continuous development and introduction of new ideas, products, or processes to meet shifting

The Biden administration has launched efforts to shape the $2.5 billion Transmission Facilitation Program (TFP), a key Infrastructure Investment and Jobs Act (IIJA) initiative dedicated to building out critical new transmission lines and related facilities across the country. The Department of Energy’s Grid Deployment Office on May 10 issued a joint notice of information (NOI) […]

Bolstering the Biden administration’s recently announced initiatives to modernize the nation’s grid and improve its resilience, the Department of Energy (DOE) on April 27 made up to $8.25 billion in loans available to expand transmission capacity nationwide, while the Department of Transportation (DOT) offered new guidance to help speed the siting and permitting of transmission […]

A major chunk of President Joe Biden’s $2.25 trillion transformational plan to overhaul the nation’s infrastructure is dedicated to re-energizing America’s power infrastructure. The initiatives garnered the industry’s approval—with notable exceptions. The “American Jobs Plan,” released on March 31, strives to jumpstart the U.S. economy, which drooped under burdens posed by the COVID-19 pandemic. But […]

Blockchain—a distributed database technology that allows a network of parties to securely transact with each other—has been hailed as a game-changing innovation in the power sector for its potential to

Twenty-three projects chosen by the Department of Energy (DOE) in response to its 2019 Grid Modernization Lab Call provide a broad look at the critical issues that are roiling the nation’s power sector, as well as the tools and technologies that it has determined will best bolster the grid of the future in the near […]

Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing.  The credit ratings agency for the first time this […]

Purse-string holders are pretty easily swayed to approve funding to upgrade transmission and distribution systems following major events like Superstorm Sandy and Hurricane Irene. However, it is becoming