Credit to Author: Chris Lloyd| Date: Thu, 17 Oct 2024 16:45:45 +0000
Energy and utilities companies are grappling with unprecedented challenges. With the cost of electricity surging by 28.5% in just five years, the average American now spends nearly $300 a month […]
The post Digital Transformation: Fueling Solutions for Today’s Energy and Utilities’ Challenges appeared first on POWER Magazine.
Credit to Author: Peter Wilson| Date: Mon, 15 Apr 2024 11:49:58 +0000
In the coming decade, the nuclear industry faces the daunting prospect of seeing one in four employees retire. According to the 2022 Global Energy Talent Index, 25% of its current […]
The post A Generational Turnover Could Jeopardize the Nuclear Industry’s Recent Momentum appeared first on POWER Magazine.
Credit to Author: Darrell Proctor| Date: Wed, 31 Aug 2022 13:43:42 +0000
Utilities function in the present but must always plan for the future. That’s even more true today, as the rapid pace of change with power generation technologies, and the transition to cleaner forms of energy, means utilities—whether they deal with electricity, natural gas, water, transportation, or are a municipality that pays attention to all those […]
The post The POWER Interview: Modeling Solutions for the Future of Energy appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Fri, 04 Feb 2022 14:27:16 +0000
The digital transformation in the power generation industry touches several areas, encompassing engineering, monitoring and control, asset performance, and operations optimization, among others. Power plant operators know the digital era has been a perfect fit for their industry, enabling digitization to reduce risk, save costs, optimize performance, and speed crisis response. Doble Engineering is a […]
The post The POWER Interview: Protection Testing Paradigm—How Utilities can Adapt to the Digital Era appeared first on POWER Magazine.
Read moreCredit to Author: Darrell Proctor| Date: Mon, 10 Feb 2020 21:21:46 +0000
The post The POWER Interview: Exelon Discusses Digitalization appeared first on POWER Magazine.
Digitization in the power generation sector continues to expand. Its goal in simple terms—providing easy access to data for power plant operators and engineers, enabling the use of advanced analytics to improve equipment performance and efficiency—has resulted in reduced operating costs for utilities, and also has enhanced plant safety. POWER’s upcoming Connected Plant Conference, set […]
The post The POWER Interview: Exelon Discusses Digitalization appeared first on POWER Magazine.
Read moreSiemens reported a 2% rise in industrial profit for its fiscal third quarter on August 2, topping analyst forecasts, though the German engineering giant also reported that revenue for the quarter dropped 4%. The earnings report comes as the company prepares to implement a new strategy that cuts its number of business divisions. The company […]
The post Siemens Combining Business Units as Part of New Strategy appeared first on POWER Magazine.
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