Industry Structure
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In all honesty, utilities have wanted transactive energy for years. As the market becomes more open, utilities have lagged behind because their product isn’t priced by ability to supply or quantity of demand. Transactive energy could change all of that (for good or bad, depending on where you’re at geographically and in consumption and, also, how much you’re willing to pay attention to fluctuations).
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ScottMadden, Inc., one of North America's leading energy consulting firms, will join forces with Energy Central to present, "The State of the Energy Industry," on Friday, March 8, 2013, from 12:00-1:00 PM EST. To learn more or to register for this free webcast, please click here: https://www1.gotomeeting.com/register/767445185
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In March, the Utility Analytics Institute will host the Utility Analytics Summit in Napa, California that will feature insider insights into analytics and utility planning. As we countdown to that event, next week we’re chatting with some of the experts set to attend that Summit, picking their brains for details on how analytics will change the very essence of the power industry. Today, we talk with various executives at Pacific Gas & Electric (PG&E), one of the founding members of the Utility Analytics Institute.
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In March, the Utility Analytics Institute will host the Utility Analytics Summit in Napa, California. As we begin the countdown to that event, we’ll chat with some of the experts set to attend that Summit, picking their brains for details on how analytics will change the very essence of the power industry. Today, we talk to Raiford Smith, director of smart grid emerging technology at Duke Energy, about his vision of the analytics road ahead.
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Principles and best practices from "Moneyball," as well as other books such as "Competing on Analytics," are well suited for decision makers in unregulated utilities. SDG&E's Lee Krevat, along with Tim Fairchild from SAS, reveal the lessons available to electricity insiders.
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We can't escape the connections, but we can act
The power sector needs leaders to articulate the critical nature of infrastructure investment, stripped of the "smart grid" hype. Turn off the TV if you want to understand that our economic future and lifestyle is at risk if we don't ante up.
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Public-private partnerships: rat hole for investment?
The argument that public-private partnerships helps innovation, the economy and our global competitiveness is poppycock. Not a dime of taxpayer money should ever be used to encourage, coordinate or facilitate research into market-ready technologies, argues our columnist.
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UTC webinar refreshes the conversation
Smart appliances come with questions on how the market will develop. How will manufacturers, utiltiies and end-use customers be incentivized to participate? Questions dominated a recent webinar on the subject.
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3Q 2012 began with the year's biggest story
Wild fires in the West, derechos in the East and a massive hurricane crashing into New York City brought renewed attention to grid modernization and questions on whether public investment has paid off. The results of investigations into those questions will resonate throughout the coming year.
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Power's past as prologue: 2012's issues haven't been resolved
A surprising number of issues identified in 2012 will continue to drive power industry discussions in the coming year, including customer engagement, security and storage, judging by the way those issues evolved between spring and fall of the year just past.
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Some issues progressed considerably in just one year
The year past began with the evolving issue of customer engagement, data analytics and smart meter opt-out policies. If the third issue has been largely resolved by very low opt-out rates, the first two remain front and center for the power industry.
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Global survey reflects interest in storage, generation and islanding
An IEEE survey of global utility executives finds that energy storage, distributed generation and microgrids will drive energy markets over the next five years. It's not your father's utility anymore.
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EDTA sees myriad trends driving gradual EV adoption
Utilities that engage customers over the purchase of an electric vehicle have higher than average ratings for customer satisfaction, according to Brian Wynne, president of the Electric Drive Transportation Association, and J.D. Power and Associates.
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EDTA sees myriad trends driving gradual EV adoption
Brian Wynne, president of the Electric Drive Transportation Association, shares his views on EV technology, the market and the future. As a pragmatist, he knows electrification of transportation is a long-term proposition.
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Expert touts hardening, resiliency as avenue to growth
Massoud Amin, an IEEE senior member and professor of electrical and computer engineering at the University of Minnesota, has been working on smart grid concepts for decades. In a Q&A session, Amin discusses the lessons of Hurricane Sandy and calls for infrastructure investments.
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Achieving energy goals: a practical process
Boulder's city council is delving into every aspect of "going muni" to make a sound decision on the matter, while keeping every avenue open, including future cooperation with currently divorced partner, Xcel Energy. The careful approach could have historic consequences for communities and investor-owned utilities.
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Financial modeling will be crucial to discern strategy
Boulder, Colo. continues to offer ideas on how it could work with its spurned power provider, Xcel Energy, in a scenario short of forming its own municipal utility. Meanwhile, it is moving ahead on concrete steps to articulate alternative strategies and develop a financial model to evaluate them.
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Colorado city adds engineering, finance muscle, talks to Xcel
Boulder, Colo., is talking to former (and current) power provider Xcel Energy, while it also retains engineering and financial expertise to explore municipalization. (The city already has retained legal counsel on regulatory and asset matters in dispute.) The city proceeds on both fronts tomorrow night in an open session.
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New `report' espouses mainstream ideas, but in odd company
A new paper that argues against stimulus funding for smart meters and calls for reforms that allow communities to pursue municipalization is "a day late and a dollar short." Especially as it links arms with an anti-meter effort undercut by minimal (and shrinking) opt-out rates. Good ideas, late to the party, odd company.
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Readers split on inevitability vs. new approach
Should we accept that major storms will take out the grid and focus on preparation, restoration and resilience? Or is a different approach merited when extreme weather is forecast to be the norm? Readers weigh in.
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