0
  • Home
  • CXO Insights
  • CIO Viewpoints
  • News
  • Conference
  • Newsletter
  • Awards
Utility
  • Field Service
  • Waste Water Management
  • Transmission and Distribution
  • Analytics
  • Smart Grid
  • Meter Data Management
  • Emissions Management
  • Solar Energy
  • Sustainability Tech
  • Carbon Footprint Management
  • Asset Management
×
#

Utilities Tech Outlook Weekly Brief

Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Utilities Tech Outlook

Subscribe

loading
  • Home
  • News

THANK YOU FOR SUBSCRIBING

Weekly Brief

loading

Power Pathways to be the Future of Distribution Utilities

Utilities Tech Outlook | Tuesday, August 02, 2022

Tweet

The transmission and distribution (T&D) grid, in particular, is experiencing notable changes because of the proliferation of distributed energy resources (DERs), the implementation of the smart grid concept and the realization of the electric power system as a key component of greater constructs.

FREMONT, CA: The growth of distributed energy resources (DERs), the adoption of the smart grid idea, and the recognition of the electric power system as a significant component of larger structures have all had a significant impact on the transmission and distribution (T&D) grid, in particular. The latter involves the birth and growing interest in the idea of smart cities, as well as the complex interactions between electric power grids and other crucial infrastructures like water, gas, and telecommunications systems. Investments in essential T&D infrastructures and the adoption of cutting-edge and emerging technologies have been motivated by regulatory requirements and financial incentives to solve issues and societal concerns related to these features. The enhancement of grid resilience and the incorporation of renewable power are among the issues; societal considerations include enhancing the livability, employability, and sustainability of cities. To overcome these obstacles and seize the related opportunities, the utility and grid of the future need to find solutions.

Grid resiliency has recently drawn a lot of attention due to the economic effects of weather-related outages, particularly those brought on by extreme weather disasters like Superstorm Sandy. The average yearly cost of power disruptions brought on by severe weather is estimated to be between USD 18 billion and USD 33 billion. Grid resiliency includes factors including labour availability, T&D reliability, grid hardening, ageing infrastructures, physical security, and cybersecurity. In a digital economy, grid dependability is essential for maintaining efficiency and competitiveness. These conclusions are instructive and point out a gap that has to be filled, even though this comparison should also take into consideration significant elements and fundamental causes such as electricity pricing, which also reflect end consumers' willingness to pay for a particular reliability level.

Similar to this, recent incidents involving utility facilities, such as the attack on the Metcalf substation by Pacific Gas and Electric, have emphasised the significance of safeguarding the physical security of the electric system. In a similar vein, there has been a lot of discussion over how to complement these expenditures with proper cybersecurity activities due to the broad and quickly expanding deployment of intelligent electronic devices to enhance T&D grid visibility and awareness. Renewable energy sources that aren't hydro are anticipated to increase by 3.2 per cent yearly. Up until 2040, solar energy is anticipated to expand by 7.5 per cent yearly. Therefore, it is anticipated that a combination of infrastructure and technology measures will be used to address the need to integrate increasing volumes of variable renewable power. For instance, the Federal Energy Regulatory Commission Order 1000 abolished the monopoly status or right of first refusal for establishing transmission unless required by states on the infrastructure side. It is anticipated that this will result in more transmission development.

The smart grid idea is being consolidated, phasor measuring units are being used to perform wide-area monitoring, protection, automation, and control, and operations and information technologies (OT/IT) are combined. To increase system resilience and facilitate the integration of distributed generation (DG) and plug-in electric vehicles, this also includes the deployment of advanced metering infrastructures (AMI) and advanced distribution management systems (ADMS), the emergence of smart inverters, and the application of distributed energy storage and microgrids.

tag

Financial

Storage

ON THE DECK

Transmission and Distribution Europe 2022

Top Vendors

Power Transition: Digitising the Energy Sector to Meet Net-Zero Targets

Waste Water Management Europe 2022

Top Vendors

 BIO-UV GROUP:  Uv-Based Water Treatment for a Sustainable Future
Previous Next

Read Also

Key Applications of IoT-Enabled Smart Grid Energy Solutions

Analyzing Digital Utilities with Advanced Analytics

How Utilities Manage Risk with Machine Learning

Great Power Trends of 2022

Digital Revolution with the Emergence of Smart Meter Analytics in the...

Benefits of IoT Adoption for Utility Firms

Loading...

I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

Copyright © 2022 Utilities Tech Outlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy Policy.|Subscribe|About Us
follow on linkedin
This content is copyright protected

However, if you would like to share the information in this article, you may use the link below:

www.utilitiestechoutlook.com/news/power-pathways-to-be-the-future-of-distribution-utilities-nwid-1060.html