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US LARGE-SCALE BATTERY STORAGE SET FOR SURGE OF INVESTMENT CAPITAL

US LARGE-SCALE BATTERY STORAGE SET FOR SURGE OF INVESTMENT CAPITAL The US large-scale energy storage industry is now well positioned to take off, as a combination of a benign regulatory environment, competitive prices, and technological innovation has set the stage for the technology to become a powerful disruptive force in the energy business and a potential magnet for finance capital. Batteries used for electricity storage and on-demand dispatch can disrupt the entire energy production supply chain by making various renewable energy sources more profitable, and ultimately replacing a large part of the market for established technologies, such as coal and diesel-fueled power plants. That displacement occurs in two ways: storing energy in batteries can substitute some existing thermal generation and it can reduce the need to build some new thermal capacity. Additionally, it supports the growth of two other disruptive technologies (DT), electric transportation and green energy. ...
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HOW CAN IOT SET DISTRIBUTED ENERGY RESOURCES STRAIGHT? To manage the DERs with the interjection of IoT, only one step is necessary. The selection of the right solution. The integration of IoT in the energy sector avails visibility into the distributed energy assets and enables energy providers to control them in real-time. Decarbonization, deregulation, digitalization, and decentralization are the accelerating forces of a domino effect. It will ultimately result in extensive growth of the market. These factors are also encouraging point solutions-based approach to deal and leverage Distributed Energy Resources (DERs). These solutions are unable to equalize the demand-supply, making the energy providers look out for other options. Since point solutions are specific to the nature of the asset or a particular use case, it transforms itself into a hindrance rather than a method to lead the ways for accomplishing organizational goals. The scalability of point solutions is also l...
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INNOVATION ON THE FRONT LINES OF THE GRID: PJM INTERCONNECTION’S TEAM APPROACH TO CYBERSECURITY At PJM Interconnection, I have the privilege of leading a team of information technology professionals on the daily mission of ensuring reliable electricity across 13 states and Washington, D.C., to power life as we know it in the modern world. Serving the electricity needs of 65 million people is a critical job that never stops. As part of that ongoing mission, cyber and physical security are critical to the life, health and safety of PJM’s customers. It is a reality that the energy industry is confronted daily by threat actors trying to wreak havoc, especially on the electrical grid. PJM, the electric industry and federal and state governments make security a priority to ensure optimum preparedness and response. Our systematic risk management approach embraces collaboration and coordination to identify, protect, detect, respond and recover from threats. While I have extensive exper...

TECHNOLOGY ADVANCES POISED TO LAUNCH A WAVE OF DER ADOPTION

TECHNOLOGY ADVANCES POISED TO LAUNCH A WAVE OF DER ADOPTION Power utilities in California have less than 12 years to meet the state’s transformational greenhouse gas reduction requirements — 40% below 1990 levels — for 2030. Southern California Edison is committed to the vision of a clean energy future for the state, and believes that large scale renewable energy and distributed energy resources (DERs) such as PV solar, energy storage, energy efficiency and demand management will be vital to reaching these goals. A multi-disciplinary group at SCE led by our Transmission & Distribution Grid Modernization team recently made significant advances in mapping technology that will help integrate more DERs onto our distribution grid in the precise locations where they will provide the most benefit. SCE is the first power utility to achieve large-scale implementation of this type of technology. The results promise to greatly expand opportunities for existing and future large-sca...
How to ‘fix’ your CMDB with hardware asset management You’ve got a shiny new CMDB, running on some fresh new hardware. The integrations are in place. The relationship maps are up to date. If even one server goes down, you know exactly what service is affected. Today is a good day to be in IT. Then the call comes in, and someone wants to know what is going with all the mobile devices. And all the laptops. And this, and that. Suddenly the new data is getting stagnant, and ownership of the data is non-existent. Before you know it, the humble CMDB has grown into an incorrigible monster. But not all databases are created equal. And the issue is so common in my experience, that right at the top of my “ITAM Consultant Toolbox” is a collection of presentations all designed to answer the questions: “What is the difference between the Configuration Management Database (CMDB) and Hardware Asset Management (HAM)? And why do I even need Hardware Asset Management?” The impact of ignoring...