#Electric utilities

[rjzimmerman]

Excerpt from this Op-Ed from the New York Times:

To keep the lights on, many utility companies are proposing to build dozens of new power plants that burn natural gas. North Carolina-based Duke Energy alone wants to add 8.9 gigawatts of new gas-fired capacity — more than the entire country added in 2023. Using their own projections of soaring energy demands as justification, these companies are also pushing back on the climate targets set by their states and the Biden administration.

If state regulators sign off on these plans, they will be gambling with our country’s future. We need to electrify everything from cars to appliances to slow climate change, but we won’t be able to reach our climate goals if we power all of those machines with dirty energy.

There is a better way. But to get there, legislators will need to overhaul the incentives driving utilities to double down on natural gas, so that they can turn a profit without cooking the planet.

Companies like Duke, Dominion Energy and Georgia Power argue that they need more gas-fired plants to reliably provide power during times of peak demand — for instance, on a hot summer weekday afternoon when home cooling systems and data servers are all humming at maximum output, and the grid strains to keep up. But those peaks tend to materialize only for a few dozen hours per year, and there are ways to deal with them that don’t require a massive amount of new methane-burning infrastructure.

The real reason the utilities want to build these plants is quite simple: The more stuff they build, the more money they make. Regulators let utilities charge their customers enough money to cover what they spend on assets like combustion turbines and wires, plus a generous rate of return (up to 10 percent) for their investors. This longstanding arrangement incentivizes power providers to build expensive things whether society needs them or not, in lieu of lower-cost, cleaner options, and to invoke their duty to keep the lights on as a post hoc rationalization.

Fortunately, utilities have plenty of ways to meet this new need.

They include “virtual power plants” — when technologies such as home batteries, rooftop solar systems, smart water heaters and thermostats are linked together and managed via software to provide the same services as a conventional power plant. Utilities in Vermont, Colorado and Massachusetts are already using them, to quickly respond to rising demand at a much lower cost than operating natural gas combustion turbines. According to one estimate, virtual power plants could lower U.S. utilities’ costs by as much as $35 billion over the next decade.

Utilities could also accelerate efforts to replace outdated transmission lines with newer ones that can carry double the electric current and to bring more battery storage online. They can compensate customers for using less energy during times when demand is high and invest far more in energy efficiency, helping customers to adopt devices that use less electricity.

All of these solutions would save customers money and reduce carbon emissions. They could, according to a Department of Energy analysis, meet the entire projected growth in U.S. peak electricity demand over the next decade.

[virozero]

Hiya!~

I'm doing emergency digital commissions to get my water gas and phone turned back on due to insurance messing up

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[poojagblog-blog]

The global Synchronous Condenser Market size will grow to USD 811 million by 2030 from USD 661 million in 2022, at a CAGR of 2.6% during the forecast period. Synchronous condensers ensure a stable supply to the transmission grid. They can also supply and absorb reactive power and deliver voltage support and dynamic regulation. In addition, many renewable resources are remotely located and feed power into a single radial line. Synchronous condensers can be installed close to the connection point to strengthen the grid with additional short-circuit power. This improves the fault ride-through capability of the power installation itself and provides additional voltage stability.

[dsiddhant]

The global Air Circuit Breaker Market is expected to reach USD 4.1 billion by 2028 from USD 3.2 billion in 2023 at a CAGR of 5.0% during the 2023–2028 period according to a new report by MarketsandMarkets™.

[alphst]

Earnings Summary: A snapshot of Evergy's Q3 2023 results

Electricity company Evergy, Inc. (NASDAQ: EVRG) has announced financial results for the third quarter of 2023, reporting a decline in adjusted earnings. Net income declined to $351.6 million or $1.53 per share in the September quarter from $428.2 million or $1.86 per share in the same period of last year Unadjusted earnings, excluding special items, came in at $1.88 per share in Q3, slightly…

[numocitytechnologies]

Advantages Of Owning An Ev About Time To Go Green!

You might have heard that electric vehicles are the future of mobility but we believe that the future is already here. Numocity have already welcomed EVs and people are gradually stepping up to buy an EV for their daily commute and occasional trips. We say that the future is today! So why not buy one?

[turnerasphalt]

Turner Asphalt is a full service paving contractor and as experts in the field, we know that a major part of many paving jobs is making sure there is proper drainage for every project. Additionally, all utilities are considered and we work within their confines to ensure they interact with the site appropriately. All elements of these utility and drain issues can be trusted to Turner Asphalt for customers in the Carolinas, Virginia, Georgia, Florida and Tennessee.

[fabconkiyaan]

Enhance Your Dining Experience with GOLDMEDAL Modular Glass Plates from Kiyaan Enterprises

Elevate your dining setup with the exquisite GOLDMEDAL Modular Glass Plates offered by Kiyaan Enterprises. Crafted with precision and style, these plates add a touch of elegance to every meal.

[gsourcetechnologiesllc-blog]

Gsource Technologies emerges as a trailblazer in Utilities Design Services, offering comprehensive solutions that encompass Underground Utilities design, Water Storage Network design, and Electric and Gas Infrastructure planning. With a commitment to innovation and precision, Gsource Technologies transforms infrastructure into efficient and sustainable systems.

Their Underground Utilities design services delve into the unseen, ensuring that the vital networks that support our communities remain resilient and efficient. Gsource Technologies' expertise in this area guarantees the seamless integration of water, sewer, and communication systems beneath the surface, optimizing urban landscapes while minimizing disruptions.

Designing Water Storage Networks is a cornerstone of Gsource Technologies' services. Their meticulous planning and engineering prowess ensure a steady and reliable water supply for communities. By envisioning, designing, and implementing water storage solutions, Gsource Technologies plays a pivotal role in securing a basic necessity for urban life.

Electric and Gas Infrastructure planning holds the key to a modern and functional society. Gsource Technologies brings innovative solutions to the forefront, meticulously designing systems that distribute power and gas efficiently, ensuring a seamless flow of energy to homes and industries.

In a rapidly evolving world, Gsource Technologies stands as a reliable partner, dedicated to designing utilities that are not just functional, but also sustainable, efficient, and adaptable to the challenges of tomorrow.

[avidgroup]

Avid Group

Avid Group is an Australian company, providing electrical contracting, electrical design, servicing of electrical assets, assembly of low voltage switchboards, Solar and LED Lighting. Avid Group also provide metal fabrication work and the construction of tiny homes in Western Australia.

Address: 5 Kalamunda Rd, South Guildford, Western Australia 6055 Phone: (08) 9359 7100 Website: https://avidgroup.com.au/

[betempl]

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[rjzimmerman]

Here’s the link to the Sierra Club report about electric utilities, their progress toward renewable energy and their climate “pledge.” The report is entitled, “The Dirty Truth About Utility Climate Pledges (Version 2)” dated October 2022.

Excerpt from this story from Sierra Club:

The next decade is critical to averting the worst impacts of the climate crisis and transforming our economy to run entirely on clean energy.

Studies show that unless utilities retire all their coal plants by 2030, abandon all plans to build gas plants, and aggressively build out renewable energy resources, we risk destabilizing our livable climate. Despite this pressing deadline, utilities are either not moving fast enough toward these goals, or not moving at all.

Dozens of utilities may have pledged to become “carbon neutral” by 2050, but research conducted by the Sierra Club in its inaugural Dirty Truth Report showed that nearly all utilities in the United States lack the plans needed to move toward clean energy in the time frame needed to avoid the worst of the climate crisis. In an update to that report a year and a half later, Sierra Club found that most utilities have continued to drag their feet, making little progress in the transition from fossil fuels to clean energy.

Some infographics from the Dirty Truth report:

[t4t4t]

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[poojagblog-blog]

The global Synchronous Condenser Market size will grow to USD 811 million by 2030 from USD 661 million in 2022, at a CAGR of 2.6% during the forecast period. Synchronous condensers ensure a stable supply to the transmission grid. They can also supply and absorb reactive power and deliver voltage support and dynamic regulation. In addition, many renewable resources are remotely located and feed power into a single radial line. Synchronous condensers can be installed close to the connection point to strengthen the grid with additional short-circuit power. This improves the fault ride-through capability of the power installation itself and provides additional voltage stability.

[dsiddhant]

The global Dry Type Transformer Market is expected to grow from an estimated USD 6.6 billion in 2023 to USD 9.2 billion by 2028, at a CAGR of 6.8% according to a new report by MarketsandMarkets™.