utility
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Trends
AEP CEO Nick Akins to Step Down, Julie Sloat Tapped as Next Company Head
American Electric Power’s (AEP’s) long-serving chairman, president, and CEO, Nick Akins, will step down as CEO on Jan. 1, 2023, and has already passed the company’s presidency to Julie A. Sloat, AEP executive vice president, and chief financial officer (CFO). Sloat, 53, will become the power generating company’s CEO in January, making her the first […]
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Workforce
Addressing the Challenges Presented by a Retiring Utility Workforce
POWER magazine has always held a special place in my heart. After my father left the Navy, he became a power engineer and a loyal subscriber to the magazine. As a kid, I remember stacks of the publication all over the house. At the high point my father had hundreds of issues amassed over decades. […]
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Interview
The ‘Weakest Link’ in Supply Chain Security
The energy transition will bring with it a new generation of cybersecurity challenges for the power sector. While information-sharing has been valuable, strategies to address issues related to vendor security, cyber talent, and lagging investment will also be critical, a former utility supply chain executive who led the development of an industry-wide cybersecurity risk exchange […]
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History
New Era for NextEra: A Utility Spotlight
Since its inception as Florida Power & Light Co. in 1925, NextEra Energy has transformed into the world’s largest utility company. The company’s history is symbolic of the growth and uncertainty that has characterized the history of power.
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Interview
From POWER’s New Editors’ Studio: Business Trends Driving Opportunities, Challenges
At the Experience POWER conference, held in San Antonio, Texas, this week, POWER’s editorial team conducted several live interviews with industry leaders at its new Editors’ Studio. Here’s a recap of what you might have missed. Executive Editor Aaron Larson talked to Paul Browning, president and CEO of Mitsubishi Power Americas (a company that sponsored the new video offering), […]
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Press Releases
EnergyHub bolsters DERMS platform with Mercury Edge Connect, enabling utilities to integrate with any DER provider
BROOKLYN, N.Y. and San Carlos, CA, February 18, 2021:EnergyHub today announced the release of Mercury Edge Connect, a standardized integration framework for connecting DER providers with EnergyHub’s Mercury DERMS. Mercury Edge Connect allows utilities to manage devices from any DER provider to deliver grid services. The addition of Mercury Edge Connect strengthens the ability of […]
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News
An ‘Everything as a Grid’ Approach to Energy Production
Commercial and industrial businesses can get a boost from their electrical infrastructure by making their systems more dynamic, enabling new capabilities and control. What do you need your electrical
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O&M
Power Line Management in the Time of Coronavirus
The novel coronavirus (COVID-19) has put communities on lockdown and created a need for social distancing. Many are staying at home, but that’s not an option for the frontline workers running critical power transmission infrastructure and keeping the lights on. How can utilities keep up with their operational and safety obligations with a reduced onsite […]
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News
Using Geospatial Data to Strengthen the Grid Against Extreme Weather
Extreme weather events are hitting more often and harder than ever before, and storm-hardening regulations are prompting utilities to strengthen the electrical grid to withstand storm-force winds. As part of this effort, leading utilities are using drone-based data collection and analysis to assess how their electrical grids can withstand Mother Nature’s punishment. Aerial robotics and […]
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Renewables
CenterPoint, Vectren Merging in $8 Billion Deal
CenterPoint Energy, a Houston, Texas-based natural gas and electric utility company with sales and services operations in more than 30 states, on April 23 said it would buy Evansville, Indiana-based Vectren in a deal valued at more than $8 billion, including the assumption of more than $2 billion in Vectren debt. Both companies in statements […]
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