News Highlights from the Electric Power Industry.
Public Service Electric & Gas (PSE&G) said Thursday that it received approval from the New Jersey Board of Public Utilities to invest approximately $700 million during the next four years to provide its 2.3 million electric customers with smart meters.
The decision clears the way for the largest installation of smart meter technology in New Jersey history. >> Read more
2020 has been a year of tremendous disruption for electric utilities, and for the world in general. But while the COVID-19 pandemic may have temporarily slowed some of the larger trends driving the power sector, the overall transition to a cleaner, more distributed future continues. >> Read more
Smarter Grid Solutions (SGS) said yesterday that it has been selected to provide active network management for flexibility management in the groundbreaking QUEST project in partnership with Electricity North West, National Grid Electricity System Operator ,(ESO) and Schneider Electric.
Once fully implemented, the innovative project will free up network capacity for more than 2GW of clean energy assets in the UK, saving over £250 million, said the company. >> Read more
Acceleration of the growth of distributed energy resources (DER) has power system analysts anticipating big changes on utility distribution systems in 2021 and throughout the 2020s.
Continued falling prices of DER, ambitious new state and federal policies, and customer demand in 2021 will drive growth, power industry representatives said. And while utility-scale renewables growth will still boom, DER, including rooftop solar, batteries and electric vehicles (EVs), can be central to protecting reliability, according to a new Southern California Edison (SCE) paper describing the evolution of tomorrow’s grid. >> Read more
The renewables wing utility giant Duke Energy is acquiring a 144-MW solar project in Texas.
Recurrent Energy, a subsidiary of developer Canadian Solar, is selling the Pflugerville Solar project in Travis County Texas. The project is currently under construction and expected to achieve commercial operation midway through this year. >> Read more