If the proposed PennEast Pipeline been in place during the 2013-2014 winter, energy users in eastern Pennsylvania and New Jersey would have saved more than $890 million in energy costs, according to a new report released today by Concentric Energy Advisors, Inc. and PennEast Pipeline Company.
One of the biggest surprises of EPRI's seven-year Smart Grid Demonstration Initiative was the positive impact volt-var control had on participants' distribution systems-- from integrating renewable energy to impacts on energy and demand, to gains in efficiency and planning.
The impact of an effective environmental strategy can no longer be denied. And for the utility industry, planning and managing an approach to environment challenges is the key to future success with regulators and the public. Utilities that excel in customers' eyes when it comes to the environment experience higher customer and regulator appreciation, while utilities without an effective environmental market position or strategy already feel the pain of customer criticism.
By the end of 2014, 20 cities represented 6.5 percent of total solar photovoltaic capacity in the United States, according to a new report.
A survey conducted by the Smart Grid Consumer Collaborative found that 86 percent of customers understand the benefits of smart grid technology.
The goal of the Communication and Control Testbed is to introduce the flexibility of real-time analytics and control into the legacy grid process-- which relies on a central-station architecture not designed to interconnect distributed and renewable power sources such as roof-top solar and wind turbines-- to increase efficiencies and ensure that power is generated more accurately and reliably to match demand.
The market for prepaid electric metering is steadily gaining ground due to smart metering technology, in which the accompanying advanced infrastructure can enable utilities to offer prepaid electricity and/or gas service as an option, as well as growing public acceptance around the idea of prepaying for services among those who prefer prepaying because it allows them to better manage their budgets and, in some cases, reduce their energy use.
According to a new report, the U.S. power grid held up during 2014, a year that included the Polar Vortex.
While oil prices have dropped under $50/barrel and 60 percent of oil and gas companies expect reductions in their 2015 IT budget, cuts are lower than expected and do not occur across the board as companies are more focused in their decisions, according to IDC Energy Insights.
Some vendors have even developed future-proof systems for utilities who are hesitant to engage in a full reorganization that would be required upon adoption of an advanced distribution management system.