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Power Grid Optimization Articles & Analysis

28 news found

Smart-Charging and V2G Critical for Cost Savings, Grid Stability and Renewables Integration

Smart-Charging and V2G Critical for Cost Savings, Grid Stability and Renewables Integration

As electrification accelerates, ensuring the cost-effectiveness, stability, and efficiency of the power grid will require managing how and when EVs are charged and using the electricity stored in the battery to provide valuable flexibility services to the power grid. A new report, "Plugging into potential: unleashing the untapped ...

BySmart Grid Observer


Major Transmission Intertie Project Gets Another Boost

Major Transmission Intertie Project Gets Another Boost

In a companion action, the Board also approved Great Basin Transmission, LLC‘s application to become a participating transmission owner in the California ISO.Each of the actions is key to advancing a long-anticipated effort seen as a linchpin in strengthening Western electric grid connectivity, optimizing resource diversity, and giving California access to Idaho ...

BySmart Grid Observer


U.S. Government Invests $1.5 Billion to Bolster the Nation's Electricity Grid

U.S. Government Invests $1.5 Billion to Bolster the Nation's Electricity Grid

The U.S. Department of Energy this week announced two critical actions in its continued efforts to support the expansion of the nation's transmission infrastructure. First, DOE announced an investment of $1.5 billion in four transmission projects that will improve grid reliability and resilience. Supported by the Bipartisan Infrastructure Law and administered through DOE’s Grid Deployment Office ...

BySmart Grid Observer


Grid Reliability and Integrated Data (GRIData) Act Introduced in Congress

Grid Reliability and Integrated Data (GRIData) Act Introduced in Congress

Additionally, improved models are needed to account for increasing uncertainties associated with a rapidly changing grid.The Grid Modeling of Dynamic Energy Loads and Resources (Grid MODEL) Act will ensure that models used for energy resource planning include key uncertainties, like weather, when being used to determine the optimal mix of energy ...

BySmart Grid Observer


ORNL Demonstrates Power of New Modeling Approach to Understand Faults in the Electric Grid

ORNL Demonstrates Power of New Modeling Approach to Understand Faults in the Electric Grid

Researchers at the Department of Energy's Oak Ridge National Laboratory are leading the way in understanding the effects of electrical faults in the modern U.S. power grid.Faults are abnormal conditions in an electrical circuit that interrupt the flow of power, with the potential to cause blackouts that affect thousands of customers. Faults can be caused by equipment failure, human error, weather ...

BySmart Grid Observer


PG&E and BMW of North America Start V2X Testing in California

PG&E and BMW of North America Start V2X Testing in California

We're excited to continue pursuing additional customer benefits while helping make the grid more dependable and sustainable." V2X technology will someday empower EV drivers to return excess stored energy from their vehicle batteries back to the grid in exchange for compensation, presenting an ideal response to high-demand power conditions and a ...

BySmart Grid Observer


BNEF: Global Net Zero Will Require $21 Trillion Investment In Power Grids

BNEF: Global Net Zero Will Require $21 Trillion Investment In Power Grids

Electricity grids are the backbone of the energy transition, yet the networks we have today are not ready for the future. At least $21.4 trillion needs to be invested in the electricity grid by 2050 to support a net-zero trajectory for the world, according to a new report from BloombergNEF (BNEF). The New Energy Outlook: Grids report, published today, provides a more detailed breakdown of the ...

BySmart Grid Observer


GridWise Alliance Praises Senate Bipartisan Infrastructure Group on Electric Grid Investments

GridWise Alliance Praises Senate Bipartisan Infrastructure Group on Electric Grid Investments

Read the GridWise Alliance Summary of the Bill, outlined within the broad categories of funding needs that were identified during the GridWise stakeholder process, including:Resilience Deployment of technologies to enhance grid flexibility Deployment of technologies to enhance grid integration of buildings and vehicles Cybersecurity technology and workforce ...

BySmart Grid Observer


DOE Announces Up to $8.25 Billion in Loans to Enhance Electrical Transmission Nationwide

DOE Announces Up to $8.25 Billion in Loans to Enhance Electrical Transmission Nationwide

In support of the Biden Administration's commitment to modernize the nation's power grid and infrastructure and deliver 100% clean energy to businesses and homeowners by 2035, the U.S. Department of Energy this week announced the availability of up to $8.25 billion in loans from its Loan Programs Office (LPO) and the Western Area Power Administration (WAPA) for efforts to expand and improve the ...

BySmart Grid Observer


U.S. Department of Energy Provides $65 Million for Grid-Interactive Efficient Building Communities

U.S. Department of Energy Provides $65 Million for Grid-Interactive Efficient Building Communities

Department of Energy this week announced up to $65 million through its Connected Communities funding opportunity announcement (FOA) to expand DOE's network of grid-interactive efficient building communities nationwide. "As our Nation's energy system continues to undergo dramatic transformations, there is a growing need for solutions that integrate and optimize ...

BySmart Grid Observer


 PGE Program Will Transform Hundreds of Homes Into a Virtual Power Plant

PGE Program Will Transform Hundreds of Homes Into a Virtual Power Plant

PGE will operate and test the benefits of using homes’ batteries, each capable of storing 12 to 16 kWh of energy, to optimize the use of renewable energy and grid capabilities. In the event of a power outage, participating customers can rely on them as a backup power ...

BySmart Grid Observer


Grid Customers Energize 3,500 Mvar of GE Fixed Series Compensation (FSC) Systems in 2019 to Increase Efficiency of Transmission Networks

Grid Customers Energize 3,500 Mvar of GE Fixed Series Compensation (FSC) Systems in 2019 to Increase Efficiency of Transmission Networks

GE Renewable Energy's Grid Solutions business recently announced that seven electrical grid customers energized its Fixed Series Compensator (FSC) systems at nine different sites in 2019 to increase the efficiency of their transmission networks. That's the equivalent of nearly 3,500 megavar (Mvar) of compensation, with almost all of it being used to support increased renewables generation. FSC ...

BySmart Grid Observer


Georgia Power Requests Funding for Grid Improvements, Storm Restoration, Environmental Programs

Georgia Power Requests Funding for Grid Improvements, Storm Restoration, Environmental Programs

Georgia Power recently (6/28) filed a request with the Georgia Public Service Commission (PSC) to increase customer rates by approximately 7% in 2020 to enable the company to continue making investments in Georgia's energy future. In the filing, the company highlights nearly $18 billion in recent and future investments being made to strengthen the reliability and resiliency of the state's ...

BySmart Grid Observer


Malta Raises $26M, Forms New Grid-Scale Energy Storage Company

Malta Raises $26M, Forms New Grid-Scale Energy Storage Company

Malta Inc, a pioneer in electro-thermal energy storage, recently (12/19) announced it has raised $26M in a Series A round of funding led by Breakthrough Energy Ventures with participation from other investors including Concord New Energy Group and Alfa Laval. The Malta energy storage system stores energy in the form of a thermal differential between hot and cold storage media. It is based on ...

BySmart Grid Observer


Duke Energy Florida Proposes More Solar, Grid Improvements for 2019

Duke Energy Florida Proposes More Solar, Grid Improvements for 2019

Duke Energy Florida (DEF) recently (8/24) announced plans to bring more solar power to its system, as well as improvements to the grid that will enhance reliability, security and resilience in 2019. The company is offering more value for customers through investments in its state-of-the-art Citrus Combined Cycle Natural Gas Plant and Hamilton Solar Power Plant, and grid improvements such as ...

BySmart Grid Observer


Department of Energy Announces $12 Million to Advance Early-Stage Solar Research

Department of Energy Announces $12 Million to Advance Early-Stage Solar Research

Recently (12/19), the U.S. Department of Energy (DOE) announced $12 million in new funding for eight projects to advance predictive modeling capabilities for solar generation. These models will lead to more accurate forecasts of solar generation levels, enabling utilities to better manage the variability and uncertainty of solar power and improve grid reliability. "These projects will address a ...

BySmart Grid Observer


New IREC Report Guides States to Optimize Modern Electric Grid

New IREC Report Guides States to Optimize Modern Electric Grid

A new in-depth guide released today by IREC will help states manage the grid redesign with new analytical tools and the benefit of lessons learned from states leading the way. More Americans are choosing increasingly economical and available distributed energy resources (DERs) — such as rooftop or community solar, energy storage and electric vehicles – and these DERs create new ...

BySmart Grid Observer


Enel and Rosseti Sign Memorandum of Understanding for Cooperation in Innovative Smart Grid Solutions

Enel and Rosseti Sign Memorandum of Understanding for Cooperation in Innovative Smart Grid Solutions

"The implementation of smart meters will allow the architecture of future energy system to be built, as well as developing new services, reducing power losses and optimizing costs," said Oleg Budargin, General Director of Rosseti. ...

BySmart Grid Observer


mPrest and Vector to Bring Internet of Energy to Over a Million New Zealand Customers

mPrest and Vector to Bring Internet of Energy to Over a Million New Zealand Customers

mPrest, a provider of mission-critical Internet of Energy' software, announced that its Distributed Energy Resource Management product - mDERMS, will be deployed in Vector's intelligent grid. Vector is New Zealand's leading multi-network infrastructure company, which distributes energy and communication services to over 1.2 million homes and businesses. mDERMS will enable Vector ...

BySmart Grid Observer


IBM Research Launches Project “Green Horizon” to Help China Deliver on Ambitious Energy and Environmental Goals

IBM Research Launches Project “Green Horizon” to Help China Deliver on Ambitious Energy and Environmental Goals

The system has already been rolled out to 30 wind, solar and hydro power sources. The biggest deployment is at China’s largest renewable energy initiative - the Zhangbei Demonstration Project managed by State Grid Jibei Electricity Power Company Limited (SG-JBEPC) in the Northern province of Hebei. ...

ByIBM Corporation

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