Innovative Solutions to Deferring Grid Investment while Achieving Reliability, Renewable and Environmental Goals
- Apr 2, 2020 1:53 pm GMT
This item is part of the Special Issue - 2020-03 - Innovation in Power, click here for more
The electrical grid is undeniably essential to our society and economy. The electric transmission and distribution (T&D) network moves energy from multiple sources of generation to homes, businesses, hospitals, universities, schools, and government agencies. It is the utility’s responsibility within its regulatory compact to ensure that power is transmitted safely and reliably to the end-use customers it serves within its territory. Under current regulations this responsibility will continue, even when an increasing share of generation is at the “grid edge.”
While we are relying more on the grid, and with emerging requirements for two-way power flow, it is aging – 70% of the grid’s transmission lines and power transformers are over 25 years old. This aging infrastructure, coupled with increasing frequency of major weather events, have contributed to increasing utility outages. Traditionally, utilities use investment capital to repair or expand the grid (i.e. new substation, high voltage transmission lines etc.).
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