Utility Managers are Working to Break Down Silos and Overcome Barriers
Ask anyone who’s been in the utility world for a while, and they’ll assuredly tell you: most utilities have operated in silos, separate groups focused squarely on their own little corner of the business. The silo mentality thrives when members of one department don’t share information with other departments, operate with separate goals, use different tools, and follow different processes than those folks across the hall.
Utilities are doubling down on distribution investments to boost resilience
Power sector players got a jolt in January 2019 when Virginia utility regulators rejected the $6 billion grid modernization rate case proposed by Dominion Energy. This “no” followed similar decisions in Kentucky and North Carolina from the previous year. Despite such setbacks, results from Black & Veatch’s 2020 Strategic Directions: Smart Utilities Report survey show that utilities are “all in” on grid modernization plans, and it looks like regulators are moving that way, too.
New Black & Veatch Smart Utilities Report analyzes major trends reshaping the grid
Distribution modernization is inevitable as advances in energy production, storage and control give rise to a new energy marketplace happening at the local distribution level. This evolving landscape leaves utilities questioning how they can maintain the reliability, efficiency and security of their operations, while managing two-way power flows and the influx of digital devices and distributed energy resources (DER).
December 24, 2019 /3BL Media/ - Ceres welcomes new clean energy legislation unveiled this week by Virginia lawmakers to transform the electricity grid and ensure Virginia leads the way in the transition to a net-zero emissions future.
Marina Bay Sands drive energy conservation with EcoStruxure Asset Advisor & other solutions with the help from Schneider Electric. Upgrading this property meant increasing efficiency & lowering energy costs.
631 institutional investors managing more than $37 trillion in assets urged governments to step up efforts to tackle the global climate crisis and achieve the goals of the Paris Agreement, in a joint statement issued today at the United Nations Climate Conference (COP25).
The 2019 data set from our database, which informs this report, considers RFI and corporate RFP responses that have been gathered since 2018. It represents close to 700 renewable energy projects in Europe, submitted from more than 50 solution providers across 16 countries, resulting in a strong overview of the European renewable energy market for C&I buyers.
Electricity companies have already taken positive steps in their role as key contributors to CO2 reduction. Now they should continue to build upon their existing achievements by increasing their sustainability efforts as the 1.5°C scenario cannot be achieved without a greater proportion of cleaner electricity.
The study said China was home to 2.7 million server racks, with the sector expanding at a rate of around 30% a year. The sector’s CO2 emissions could reach 163 million tonnes by the end of 2023, but that could be cut by 16 million tonnes if its renewable intake is increased from 23% to 30%.