Interest in renewable energy has skyrocketed over the past couple of years. Organizations worldwide are making commitments to transform their operations and achieve anywhere from 50% to 100% of energy procurement from renewable sources.
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Interest in renewable energy has skyrocketed over the past couple of years. Organizations worldwide are making commitments to transform their operations and achieve anywhere from 50% to 100% of energy procurement from renewable sources.
A new year, in a new decade, calls for a new approach to climate leadership. The year 2020 is an inflection point for climate action. It’s a year in which many companies seek to achieve interim carbon reduction goals in line with the Paris Agreement, and are looking to chart a course for even more ambitious goals over the coming decade.
Utilities need to be forward-thinking while also offering shareholders value
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When it comes to grid modernization, where utilities want to spend money — and where they have approval to spend money — are not the same thing. Under today’s regulatory models, utilities typically do not have a way to recapture all the fixed costs required for critical upgrades. This can mean the choice between keeping the lights on today and preparing the grid for the challenges of the future.
These factors and many more are driving risk for utilities
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With great power comes great responsibility, meaning it falls to utilities to ensure that their transmission and distribution (T&D) assets can — and will — perform at the appropriate reliability and safety levels while continuing to meet regulatory and environmental standards.
Facing increased risk by hackers, utilities are ramping up cybersecurity
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For power suppliers wanting to be vigilant about the threat that hackers pose to the grid, a March 2019 intrusion may have been a benign warning about vulnerability. When hackers disabled a Utah-based renewable energy developer’s control system for about a dozen solar and wind farms in the West, the grid’s operators were left blinded for more than 10 hours to those 500 megawatts of generation sites. Thankfully, no outages resulted.
With greater technological dependency comes greater responsibiilty
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As climate change continues to flex its catastrophic muscle, a storm is brewing for U.S. utilities. The scourge of extreme weather events — prolonged droughts, pounding hurricanes and deluges blamed for unprecedented flooding — are joining wildfires as challenges that have utilities scrambling to harden their assets to provide the resilience that consumers and regulators demand. Unrelenting threats of cyberattacks and the rising number of technologies that increase the load and strain on infrastructure assets add to the complexity.
The lure of 5G is strong, but implementing at scale will require extensive collaboration
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There’s no doubt that the lure of 5G digitalization is strong. This wave of next-generation connectivity is expected to usher in exciting new opportunities such as wide-scale adoption of the Internet of Things (IoT), along with all its innovative new technologies that promise to change how we live, work and play.
Private Networks Promise Utilities Giant Step Towards Reliability
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Reliable communications networks are crucial to allow utilities to deliver an uninterrupted supply of power to customers. With high-speed wireless technology at the fore, and the addition of hundreds of new field applications that require communications networks — including Long-Term Evolution (LTE) — a digital utility is built on communications that extend to the edge. Converged networks employing IP-advanced private wireless networks enable these systems to become more efficient and extend deeper into the distribution system, where they’re most needed.
Are utilities keeping up with the proliferation of distributed devices?
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Millions of devices are measuring and sometimes controlling the health of our utility networks, and millions more are coming. As distributed resources drive rapid, increasing demand for data-intensive grid management to ensure high-quality, reliable and resilient power delivery, ask yourself this question: How are you keeping up?