power grid

Emerson Electric Co. said it will merge its software business with rival Aspen Technology (AspenTech) in an $11 billion deal that will bring together both companies’ expertise in industrial software applications. It’s the latest move by Emerson to support the rapid growth of digitization in the power generation industry. “We saw an attractive opportunity to […]

Burning fossil fuels for electricity, heat, and transportation is by far the largest contributor to greenhouse gases, according to the U.S. Environmental Protection Agency. Renewable power generation is taking off, but more than 60% of North American energy generation is still carbon-based. The percentage is even higher in other parts of the world. Optimizing the […]

Reston, VA and San Francisco, CA ( September 23, 2021) — Intelligent energy network provider GridPoint today announced its partnership with Leap, an energy marketplace provider, with the two companies collaborating on the development of virtual power plants (VPPs) to provide flexible electricity capacity and energy efficiency savings in times of peak demand and when […]

With record high temperatures and wildfires gripping the West, utilities have asked residents to cut down on power usage to reduce the strain on overburdened systems. As we’ve seen following countless crises, the U.S. energy grid is being pushed to its limits. Fortunately, a $1 trillion infrastructure bill is on the horizon, and with it, a significant opportunity […]

The proliferation of renewable energy is necessary for communities and countries to meet their goals of reducing carbon emissions, but it also presents new challenges for those managing power distribution. Much of the world’s renewable energy is now generated and stored by distributed energy resources (DERs), such as residential solar panels, batteries, and electric vehicles […]

Energy companies continue to work on providing solutions to optimize the power grid, part of their efforts to support the integration of renewables and help ensure the reliable delivery of electricity. Such systems are part of the digital transformation of power generation, bringing increased flexibility to the power supply, supporting faster power restoration after outages, […]

The way we generate and distribute electricity has become a Rubik’s cube for power companies, regulators, and consumers. The need to reduce carbon emissions linked to climate change by investing in renewables is acknowledged by most experts. At the same time, recent unusual weather events have demonstrated that there is also an urgent need to […]

The mid-February blackouts in Texas have raised a lot of questions about power grid reliability. While investigations into the underlying causes of the outages could take a while to complete, and I don’t

Reliability performance is core to the utility industry. Utilities strategically design and invest in their system to maximize reliability performance—traditionally measured by System Average Interruption Frequency Index (SAIFI), System Average Interruption Duration Index (SAIDI), and/or Consumer Average Interruption Duration Index (CAIDI). These quantitative metrics largely drive utility investment decisions, shape strategic priorities, dictate regulatory approvals, […]

When evaluating resource adequacy requirements, many power companies and grid operators have used a methodology that originated more than 70 years ago. This probabilistic reliability approach has generally performed adequately through the years. It has generally evaluated loss-of-load events occurring at frequencies of one-day-in-10-years (1-in-10) to be acceptable in terms of system reliability. However, it’s […]