Public expectations. Competitive pressures. The need to update and replace aging infrastructure. One thing is clear—grid modernization continues to be an imperative.
On the regulatory front, states across the country are exploring new business models, sources of revenue, and rate paradigms that align financial incentives with climate policy goals, customer interests, and the changing energy market landscape.
Investments are needed for new and upgraded T&D infrastructure and IT and OT systems. Support is also needed for the proliferation of Distributed Energy Resources (DERs) and advanced metering infrastructure (AMI).
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Proactively develop and invest in the services and digital systems needed to accommodate the increasing penetration of DERs—from smart meters and solar and wind energy, to transportation electrification and non-wire alternatives.
An extended network is needed to enable distribution automation, AMI, substation automation, and distributed generation. Readiness for this transition from the older field area networks is complex. Having the right plan in place before deployment can make all the difference.
Turn IT (CIS and GIS) and OT (ADMS and OMS) systems from complex, individual tools to one seamless digital system. Enhance grid reliability, reduce costs, and provide operational insights and predictions that can create significant business value.
The attack surface continues to expand as intelligent distribution systems, sensors, and IoT devices aid in the visibility of systems. With the proper systems, tools, detection, isolation, and remediation plans, we can ensure that power delivery remains stable and the lights stay on.
Grid modernization will help meet the needs and demands from their customers by offering new technology, more rate options, and access to cleaner energy choices.