Electric Power Delivery Industry News & Info | POWERGRID
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U.S. retail electricity prices have stayed ‘mostly flat,’ but ...
14 hours ago · On a nominal basis, U.S. average retail electricity prices increased 2.5% per year over the decade from 2014 to 2023, though the majority of this change took place over our study period (from 2019-2023, rates rose 4.8% annually).
Policy & Regulation News - POWERGRID International
The company announced that the Federal Energy Regulatory Commission (FERC) approved its proposed transaction with Canada Pension Plan Investment Board (CPP Investments) and Global Infrastructure Partners (GIP), which would take ALLETE private in a $6.2 billion deal.
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About Us. This website is the home for industry-leading news, information and thought-leadership about the electricity delivery industry. You will find daily news on a number of topics, including smart grid, T&D, metering, energy efficiency and demand response, renewable generation and customer service.
News - POWERGRID International
Spanish utility Iberdrola has completed ts merger with U.S. subsidiary Avangrid by acquiring the outstanding 18.4% of the shares it did not already control, a deal totaling roughly $2.5 billion.
Nationwide electric demand to increase by 15.8% by 2029: report
Dec 9, 2024 · The era of flat power demand is long gone, insists a new report from consulting firm Grid Strategies that highlights a trend of steep load growth nationwide and poses a critical question: Can new transmission development be spurred along by changes in policy in time to support the growth of burgeoning industries?. Over the past two years, the five-year load growth forecast has increased by ...
Data is the backbone of grid modernization
Dec 26, 2024 · As the world accelerates towards net-zero carbon goals, utility operators find themselves at a critical tipping point. Over the last decade, pressure on utility operators has increased dramatically, driven by new initiatives that demand a radical redesign of the power grid. Utility operators are ...
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About Us. This website is the home for industry-leading publications covering the electric industry – Electric Light & Power and POWERGRID International.You can find daily news on a number of topics, including smart grid, T&D, metering, energy efficiency and demand response, renewable generation and customer service.
Utilities are looking at battery storage in a whole new way
Jul 15, 2024 · In 2023, PSE installed a community microgrid on Samish Island. The microgrid consists of a 50 kW / 332 kWh battery and an 8kW ground-mount solar photovoltaic (PV) array in a residential neighborhood with a high occurrence of customer-owned rooftop solar.
Utilities are embracing AI, but grid applications remain in the ...
Nov 12, 2024 · Technology leaders are sprinting to serve seemingly every industry with AI-powered tools. The utility industry is complicated, however, due to its inability to fail forward faster when it comes to safety and reliability, on top of regulatory scrutiny.. Jason Strautman, vice president for data science and analytics engineering for Oracle’s utility division, told POWERGRID that deploying AI ...