The POWER Interview: Importance of Pricing Data for Renewable Energy

Credit to Author: Darrell Proctor| Date: Wed, 04 May 2022 13:13:42 +0000

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The highs and lows of markets for renewable energy are driving more interest in granular pricing data. Any company embarking on a new project must do its research to ensure that it calculates the proceeds based on the right financial information. With so much data now readily available, it’s more important than ever to use […]

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The POWER Interview: How Gas Power Can Reap Value from Digitalization

Credit to Author: Sonal Patel| Date: Thu, 14 Apr 2022 14:47:44 +0000

Digitalization is furnishing nearly every facet of the power industry with new insights that promise value for generating assets, including refining efficiencies and shaving down operating costs. But though myriad solutions have been introduced, adoption by some power sub-sectors has been cautious, mainly because the advantages of the industrial internet of things (IIOT) are not […]

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The ‘Weakest Link’ in Supply Chain Security

Credit to Author: Sonal Patel| Date: Tue, 22 Feb 2022 20:20:24 +0000

The energy transition will bring with it a new generation of cybersecurity challenges for the power sector. While information-sharing has been valuable, strategies to address issues related to vendor security, cyber talent, and lagging investment will also be critical, a former utility supply chain executive who led the development of an industry-wide cybersecurity risk exchange […]

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The POWER Interview: Protection Testing Paradigm—How Utilities can Adapt to the Digital Era

Credit 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 […]

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The POWER Interview: Vicinity CEO Discusses District Energy

Credit to Author: Darrell Proctor| Date: Mon, 24 Feb 2020 22:47:23 +0000

The post The POWER Interview: Vicinity CEO Discusses District Energy appeared first on POWER Magazine.

The rise of distributed, or decentralized, power generation has been supported by district energy, the generation from facilities and associated distribution networks supplying steam or hot water, chilled water, and electricity for heating and cooling to millions of square feet of building space across the U.S. and around the globe. District energy is among several […]

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The POWER Interview: Exelon Discusses Digitalization

Credit 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 […]

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How Utilities Can Manage Supplier Risk [PODCAST]

Credit to Author: Aaron Larson| Date: Mon, 27 Jan 2020 23:39:50 +0000

The post How Utilities Can Manage Supplier Risk [PODCAST] appeared first on POWER Magazine.

Power companies are turning to external suppliers and contractors now more than ever. Utilities are getting help with tasks ranging from the relatively simple, such as vegetation management and the handling of customer calls, to the complex, including turbine repair and large infrastructure projects. Although the benefits of utilizing contractors are often obvious, the dangers, […]

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The POWER Interview: What Is a Digital Twin?

Credit to Author: Aaron Larson| Date: Mon, 27 Jan 2020 14:59:48 +0000

The post The POWER Interview: What Is a Digital Twin? appeared first on POWER Magazine.

The term “digital twin” is used frequently by tech-savvy power industry professionals, but what does it really mean? To get an insider’s perspective, POWER posed the question to Akshay Patwal, strategic business manager with Siemens Energy. Patwal leads the development and commercialization of digital business transformation projects, using big data platforms and analytics, to create […]

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