utilities

As climate change accelerates, rising humidity is causing an increase in the number and severity of storms occurring in the northern hemisphere. An academic study found that the frequency of unstable atmospheric conditions increased by 8% to 32% over most land areas from 1979 to 2020. “Storm intensity is increasing much faster than the average […]

The U.S. is assembling a new power grid infrastructure—and not a moment too soon. The need for dynamic new approaches in the power and utility sector has never been more urgent. New kinds of distributed

Virtual power plants (VPPs), as aggregations of dispatchable distributed energy resources (DERs), can deliver grid services ranging from resource adequacy to reliability at scale—all while making energy more affordable. Yet, despite their merits, the U.S. utility industry is yet to leverage the full potential of these readily available, affordable, customer-sited resources to add flexibility to the grid. Of course, the decision to incorporate […]

North American electric utilities continue to grapple with the challenge of managing behind-the-meter distributed energy resources (DERs), according to the results of a survey of utility decision-makers published Feb. 15. A study of 100 leaders from utilities in the U.S. and Canada, commissioned by Siemens and done in partnership with Oxford Economics, found that “limited […]

With states like Ohio, Pennsylvania, and Hawaii beginning to execute their National Electric Vehicle Infrastructure (NEVI) Formula program plans, utilities within these states are rapidly coordinating the electrical power requirements needed to support these public electric vehicle (EV) charging stations. The influence of utilities on power infrastructure, including grid modernization, capacity growth, and energy management, […]

Fifty-eight projects spearheaded by major U.S. power stakeholders will receive up to $3.5 billion in federal funding to improve grid flexibility and boost power system resiliency against extreme weather and climate change, the Biden administration announced on Oct. 18. The projects mark the  Department of Energy’s (DOE’s) first competitive selections under the Grid Resilience and […]

Climate change is a threat multiplier. Clean-up costs are ballooning and natural disasters are growing more expensive. In 2022 alone there were 18 natural disasters that caused more than $1 billion in damage, up from only three events in 1980. These are taking a bigger bite out of the energy sector’s operating costs and profits, […]

Anyone who’s ever made hiring decisions knows the real danger of hiring the wrong person. By some estimates, an unsuitable employee can cost a company as much as $240,000, not to mention the collateral damage inflicted on company morale and reduced productivity and achievement. In a world where every decision impacts the bottom line and […]

Although the utility industry is the backbone of any economy, it lags in adopting the latest technologies. This is evidenced by the fact that utilities are underperforming in customer satisfaction and retention and are struggling with high operating costs. However, the emergence of new competitors and local threats is forcing utilities to align their priorities […]

As the frequency and intensity of wildfires continue to increase across the U.S., electric utilities face unprecedented challenges in maintaining a reliable power supply and keeping communities safe. In