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As energy systems become more decentralized, the complexity of managing trusted devices and other components connected to the grid continues to grow. According to the U.S. Department of Energy’s Distributed Energy Resource Interconnection Roadmap (January 2025), utilities across the country are experiencing increased interconnection requests for distributed energy resources (DERs), such as solar, battery storage,…
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Understanding Modern Energy Infrastructure, Demands, and Resiliency Needs with ABB
Surging demand from data centers, AI-driven infrastructure, and electric vehicles is straining power grids already under pressure. States like Texas are seeing especially sharp growth, with grid operators warning of capacity concerns due to accelerating industrial and residential loads. This pressure is prompting urgent conversations about how to build and adapt modern energy infrastructure to…
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Talking Rugged Technology with Panasonic Connect
The utility industry is rapidly embracing digital transformation to enhance grid resilience and operational efficiency. According to Guidehouse Insights, the global market for energy IT, operational technology (OT), and analytics spending is projected to grow from $19.8 billion in 2023 to nearly $37 billion by 2032, reflecting a compound annual growth rate (CAGR) of 7.2%….
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Unpacking Practical Applications for AI in Utilities with IBM
As the energy sector wrestles with decarbonization and digital transformation, AI in utilities has emerged as a potential game-changer. But while AI has generated excitement for years, real-world ROI has often remained elusive. That gap between hype and value is beginning to close. According to IBM’s 2024 Enterprise Generative AI report, 64% of CEOs…
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Moving Beyond Just Weathering the Storms: Enhancing Grid Reliability and Resilience
With climate change driving more frequent and severe weather events, the strain on our electric grids has never been greater. In 2023 alone, severe storms, heat waves, and winter freezes left millions without power, costing billions in economic damage and putting lives at risk. And in 2022, an average American experienced 16% more grid…
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Direct Pay Credits are a Game Changer for Renewable Energy and Tax-Exempt Entities
Within the landscape of renewable energy and tax legislation, direct pay credits have emerged as a pivotal development, especially in the wake of the Inflation Reduction Act. This new concept allows certain tax-exempt entities to monetize tax credits without having any tax liability. Ultimately, this is a major game-changer for institutions like universities, hospitals,…
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The Impact of the Inflation Reduction Act on Transferrable Tax Credits
Aside from changes to renewable energy, the Inflation Reduction Act (IRA) has brought significant changes to the landscape of tax credits. With the introduction of transferable tax credits on the federal level, there’s a timely need to understand how these changes impact various stakeholders. This explores the nuances of these transferable credits and their…