January Energy Grid Roundup: Everything You Need to Know

2014 Veracity Utilities Energy Asset

Top 12 Grid Optimization Articles of 2014 – Grid improvements and distributed grid are what utilities focus on.

10 energy numbers to remember from 2014 – Renewables, iPhone 6,  pollution, World Cup and efficiency.

Transmission & Distribution World’s 15 Most Notable Articles of 2014 – Distributed energy sources & renewables are this year’s key words.

Nuclear energy sector saw some steady progress in 2014 – India &  Russia are top clients for new nuclear plants

Blast from the past: 2014! – The 12 blog posts that you cannot miss about utilities and asset management

2015 Veracity Utility Asset Management

12 Utility Trends For 2015

What was the biggest power breakthrough in the last 100 years? AC-DC & energy storage have changed the grid.

extreme weather mutual aid utilities

Extreme Weather

Weather Forecasts North America 2015 – Temperatures above normal…which means more snow than usual! Turn your mutual aid agreement on with Veracity http://ow.ly/EucON

A snow storm for lunch! Maximize your mutual aid efforts with Veracity. Emergency response plans are essential to cope with future disasters. http://ow.ly/i/7PPS3

How is the weather like in your area? Are you a utility? Capitalize on mutual aid with Veracity Connect

PJM Seeks To Delay Idling Of 2,500 MW As Hedge Against Winter Shortages – Utilities get ready for the worst of winter.

Managing Restoration of Critical Utility Infrastructure – Our mutual aid and critical spares management platform helps you find critical equipment when the worst occurs: http://ow.ly/GyJB9

Storm Hardening the Grid – Are you ready? We can help you with mutual aid agreements http://ow.ly/E8juF

Cloud-Based Approaches to Disaster Recovery – VeracityConnect helps utilities boost mutual aid:  http://ow.ly/GS8Pe

Beyond NERC: best practices for worst-case scenarios – “Plan for recovery as well as prevention.” This is why we offer utilities Veracity Connect, a platform to source critical spares like transformers in North America http://ow.ly/Ccjlh

U.S. Power Reliability: Are We Kidding Ourselves? – “The average U.S. customer loses power for 214 minutes per year. That compares to 70 in the United Kingdom, 53 in France, 29 in the Netherlands, 6 in Japan, and 2 minutes per year in Singapore.” – IEEE Spectrum

Nuclear_Plant Power

Nuclear

England’s Hinkley Point C nuclear plant to break ground in 2015 – Two Chinese corporations have shares in the project.

Kudankulam nuclear units to be up and running by 2021 – India’s new plant will have a capacity of 1,000 MW.

Areva clinches control systems deal for China nuclear reactors – The French company will provide instrumentation and control systems for two new reactors. The six reactors will start operating in 2018.

Nuclear reactors halted following deadly chemical leak – 3 workers died at the Shingori-3 reactor site, operated by Korea Hydro and Nuclear Power Co.

Nuclear power key to UAE’s sustainability – A nuclear plant is the answer to limited power generation.

Nuclear plant leaked 2,000 gallons of oil into Lake Michigan for months – The leak is now fixed, not the damages.

Vermont Just Lost 70% of Its Power From This Nuclear Shutdown

Nine local companies place bid for $1 billion hydraulic systems of Akkuyu nuke plant  – Turkey’s first nuclear plant on the coastal province of Mersin.

Coal Plant Energy

Coal

U.S. Coal Losing Power Business Dominance but Not Going Away – In 2022, 230 GW will still be generated through coal.

National Grid Corporation of the Philippines to invest P2.22B in Mindanao coal plant’s transmission facility The plant will consists of four 135-MW units and will be operational by 2017-2018.

Cooperative ServiceTerritoryMap Coops

Electric Cooperatives

NRECA Welcomes New Grid Protections for G&Ts – “NERC’s new Physical Security Grid Reliability Standards provide a framework for co-ops and other utilities to assess physical system risks, identify critical facilities, evaluate physical threats and vulnerabilities and develop an approach to address risks to the nation’s most critical substations and associated control centers,” said NRECA CEO Jo Ann Emerson.

Old FedEx Truck Now Helps Coop Restore Power – The truck now delivers parts to crews in the field.

Connect with other co-ops, OEMs & leading transformer brokers to leverage a pool of critical spares

regulation utility

Regulations

EPA releases coal ash rule – The Environmental Protection Agency will consider coal ash as household waste.

Utility Spending on Energy Efficiency Soars as Supportive State Policies Are Expanded

Utility regulators authorize Xcel generating projects – The company will be able to build more than $500 million in new generating units.

EPA’s rule rigged against nuclear – Climate change requires quick action from regulators and utilities.

The biggest threat to demand response? It may not be the Order 745 ruling.

EPA defines classification of fly ash from coal fired power plants – Can environment and coal coexist?

1-decommissioning power

Decommissioning

Decommissioning Projects – Why it takes so long & costs so much

Westinghouse, Bechtel Announce Alliance for U.S. Decontamination, Decommissioning of nuclear plants

Exelon: Company dismantling Zion nuclear plant is running out of money – Around 40% of the costs are “in shipping and disposing of low level radioactive waste”. $800 million may not be enough for decommissioning.

Fitch Ratings Warns on Early Nuclear Retirements – Is reducing the nuclear percentage in energy sources a bad thing?

Global nuclear decommissioning cost seen underestimated, may spiral – Several companies admit that their decommissioning funds are not sufficient.

 renewables energy grid

Renewables

Utilities Should Avoid Over-Investing When Integrating Renewable Energy into their Grid – Renewables require a solid investment plan.

Report: Distributed-Renewables Disruption Will Reduce Utility Revenues By Up To $123 Billion A Year By 2025 – Could utilities change the game?

A huge floating solar farm will be built on a reservoir in Japan – Would solar be the new offshore renewable source of energy?

EDF confirms 400 MW Brazil hydro acquisition – EDF has secured 51% stake of the Sinop hydroelectric project.

2015 OUTLOOK: Brazil gets serious about solar – Climate changes push the grid to its limits, with a need for renewables more than ever.

India Committed to World’s Largest Solar Park – NTPC Limited’s plant has a capacity of 750 MW.

Utility of the future – solar, storage, EVs and micro-grids – Consumers become prosumers and have more influential power than you think.

electric-grid (2) utility

Grid Improvement

BC Hydro Delivers Power and Progress – The company led the Northwest Transmission 213-mile line project carried out in only 2 years, creating 5,500 direct jobs.

Transmission Line Connects Minnesota and Wisconsin – Building the transmission line involves construction on an island. Construction crews commute by barges and boats.

ITC Great Plains Energizes V-Plan Transmission Line, Substations in Kansas

Kenya Power to invest US$95.9m in 36 new substations around the country – The goal is to improve the grid’s reliability. A total of 5,000 MW of power will be added to the grid by 2017.

How utilities can plan for the future of transmission and distributed generation –  Flexibility and cost-justifiability are the new transmission & distribution keywords.

Greater demands on outage management systems mean more investment coming

FirstEnergy completes $6 million transmission project – The project aims at meeting the demand growth driven by the shale gas industry across its Ohio Edison service area.

$356 bn needed for Arab power projects: study – The projects focus on capacity expansion & distribution network.

NY offers $14.5 million for power plant upgrades – The money comes from the Regional Greenhouse Gas Initiative “a carbon cap-and-trade program that charges fossil fuel-burning power plants for the carbon dioxide they emit.”

Eaton wins contract from Green Mountain Power to upgrade automate electrical system in Vermont

national-grid electric grid transformer

Grid Equipment

Equipment Criticality: What makes your industrial equipment essential to your company

NYPA approves budget that includes $24.5M for transformer and circuit breaker replacement in Massena – Six 765-kV transformers will be installed, each weighing 200 tons.

Transformers: An Essential Link of the Electrical Grid

smart-grid-vision-for-future

Smart Grid

Great Progress on Smart Grid and Smart City Predictions for 2020

How to make your smart grid even smarter – Storage, microgrids and software are utilities’ new key tools.

Smart Cities Charlotte May 12 – 13, 2015 – Smart Cities is an Energy Central event designed to educate utilities, solution providers and communities on the steps and paths to collaboratively develop Smart Cities in their region. #SmartCities2015

Veracity Connect Asset Management Utilities

Company News

We launched our large surplus online catalogue featuring like-new assets from utilities

Veracity Connect: a platform to automate mutual aid – Veracity Connect allows members to work together to strengthen mutual aid and to be better prepared for infrastructure failure and extreme weather events.

Access reports from the U.S. utility industry – Electric Infrastructure, Asset Management and Grid Security

Recovering value from a plant decommissioning? Learn more about some of the projects we carried out.

Are you a Google+ user? Let us add you to our circle!

Here is a new way for utilities to source critical spares: Veracity Connect & LinkedIn. Curious about it? We will be glad to answer all your questions. Contact us at info@veracityamg.com or 1-866-694-1252.

Are you a utility company? Have instant access to mutual aid contact & resources via the online platform Veracity Connect

What we do for our Clients: Critical Spares Management & Investment Recovery

Are you a utility? Have instant access to mutual aid contact & resources with Veracity Connect

Are you a utility company? Maximize the value of surplus equipment with Veracity’s investment recovery.

Join the Investment Recovery Canada LinkedIn group and find opportunities for your Canadian company.

Aging grid assets? Know when to replace them http://ow.ly/GAQvw Get help from Veracity Connect.

Are you paying to get rid of idle assets? Turn them into money back with our Investment Recovery Team.

Get a better idea of our investment recovery & critical spares management services: http://www.veracityamg.com

Through Veracity Connect, connect with other member co-ops, OEMs and leading transformer brokers to leverage a pool of available critical spares: http://ow.ly/BonlR #utilities #electriccooperatives #criticalspares http://ow.ly/i/7jlps

Source assets in no time & save on costs with Veracity Connect: http://ow.ly/Hj4dB #utilities #criticalspares http://ow.ly/i/7jkZw

#Transformers, Mutual Aid & Asset Disposition are components of Veracity Connect: http://ow.ly/Hj95a http://ow.ly/i/7Invt #utilities

Subscribe to our newsletter: Critical Spares Mgmt & Investment Recovery for #Utilities http://eepurl.com/LVtY1 http://ow.ly/i/73Jj2

Finding critical spares was a manual, drawn out & frustrating experience. Not anymore with Veracity Connect! http://ow.ly/Hj6GF

Binder, spreadsheet… as a #utility company, you deserve better to source critical spares: Try Veracity Connect: http://ow.ly/Hj7g6

Are you a #Utility company? Leverage a pool of Critical Spares through the Power of Collaboration – Veracity Connect http://ow.ly/HWz0I

Wordpress asset investment recovery utilities

Company Blog

Supply Chain & ISO 14000: Connecting Sustainability and Investment Recovery

Debunking 5 myths of Purchasing Reconditioned Electrical Assets – Infographic

7 ways to dispose of your surplus assets!

Collaborative economy & idle assetYour surplus equipment can serve your sustainability

Webinars for Utilities: A la carte! We help utilities with mutual aid & asset mgmt services: www.veracityamg.com

Critical Spares Infographic – Do you have critical spares you need to turn into money back to the bottom line? http://ow.ly/i/5VuQV

ISO 55000: Meet Your (New) Friend SAM


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State of the Electric Utility 2015 – Numbers to Remember

State of the Electric Utility InfographicHere are other numbers that may catch your attention:

32% forecast that their utility will become an energy services company, way different from traditional vertically integrated utilities.

Energy efficiency and demand response are the new business models for 71% of the executives.

For 23%, developing new unregulated business models are the way to mitigate the impact of stagnant load growth.

82% state that the investment into the grid’s security is going up.

53% of the executives are 50 years old or older.


Mutual AidAsset,Critical Spares Twitter BannerAlerts for winter storms are increasing. Prepare yourself through our mutual aid platform. Be also able to locate potential equipment replacements through our eMaps tool. Learn more about our Mutual Aid & Critical Spares Management Solution for Utilities: Veracity Connect, collaborative platform

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Webinars for Utilities: A la carte!

Webinars for UtilitiesWebinars are a great medium to get high-quality information through qualified speakers’ presentations and slides. On specific dates for live webinars, or on-demand as recorded presentations, there is the choice. The number of webinars designed for utilities has increased over the last few years. Most of them are free or at a reasonable cost.

For each webinar, click on the picture or the weblink below it. Here is the menu:

 

clicksoftware_logo_CMYK Webinar UtilitiesThe Future of Mobile Workforce Management for Utilities

   January 22, 2015, 11 am EST   http://ow.ly/Hne9Q

“Mobile Workforce Management is amongst the top 5 applications utilities intend to invest in over the next 12-24 months, according to data from IDC Energy Insights. Why the urgency? Join Roberta Bigliani, VP and Analyst at IDC Energy Insights and Mike Karlskind, VP of Product Marketing at ClickSoftware as they discuss several challenges faced by utilities and how the most successful organizations are managing them with a combination of the right resources and technology.

Topics covered include:

  • Successful smart meter deployments
  • Streamlining and enhancing customer experience
  • Integrated storm management
  • Agility for shift priorities”

Speakers: Roberta Bigliani, VP and Analyst at IDC Energy Insights, Mike Karlskind, VP of Product Marketing at ClickSoftware.


Transmission-and-Distribution-World-Logo Utilities WebinarBurnsMcDonnell_Horiz

Defining the Value of the Grid

January 22, 2015, 2 pm EST    http://ow.ly/HniHJ

“Our legacy grid has value and deserves continued investment. As we transition toward a more integrated grid that can accommodate new distributed energy sources, utility-scale renewables and energy storage, we need to keep the best of the old while embracing the new.

Today’s electric utility industry leadership faces many challenges. As we rebuild and harden an aging T&D infrastructure, we must embrace new technologies that often are introduced by fast-moving customers or competitors. We also face a new competitive landscape where utilities compete for transmission projects. These challenges and more are occurring in an era of low (or no) load growth.

Speakers: In this webinar, Ken Bowes, Vice President-Engineering for Connecticut Light & Power, and Mike Beehler, Vice President of Burns & McDonnell’s Transmission & Distribution Division, will explore a number of issues facing utilities, regulators and public policy makers as they redefine the value of the grid and position the industry for the abundant opportunities of the future”


American Public Power Logo_2C_S1DEED Webinar: The Solar Roadmap – A Tool to Help Utilities Become Solar-ReadyYou will need your APPA login information to have access to the webinar.

January 27, 2015, 2 pm – 3:30 pm EST   http://ow.ly/HmZe0

“As the owners and operators of the electric grid, utilities control the playing field on which solar installations happen. Innovative utilities recognize the tremendous opportunity this presents and are taking advantage of solar to diversify their resource base, connect with customers and create new business opportunities. To help utilities navigate this new space, Western Area Power Administration, the Solar Electric Power Association (SEPA) and Optony Inc. have teamed up to provide free technical assistance directly to utilities using the Solar Roadmap platform.

The Solar Roadmap team works with participating utilities to benchmark their existing programs and policies, and highlight opportunities to become more involved in local solar deployment. These opportunities are presented in the form of a ‘roadmap,’ an interactive online platform that is updated as the utility makes progress. Each roadmap is customized and features a set of actions the utility can pursue to prepare itself for increasing levels of distributed generation. Topics include new developments; such as community solar program design, online solar mapping tools, updated billing systems, and alternatives to net metering; along with traditional areas such as interconnection standards and processes.

Each action is accompanied by templates and case studies from other utilities that have achieved it. This gives participating utilities more insight into what their peers are doing and provides practical steps for taking action. Participants also receive the benefit of direct technical assistance for utility staff to help implement these recommendations.”

Speakers: Becky Campbell, Senior Manager, Research and Advisory Services, SEPA; Thomas Yurysta, Senior Project Manager, Optony Inc.


 

Renewable Biz UtilityEnergy Market Trends and Impact of the Clean Power Plan: Black & Veatch 2015 Energy Market Perspective

Janurary 28, 2015, 1 pm EST   http://ow.ly/Hn7C4

“Black & Veatch invites you to join our free webinar highlighting key findings from our 2015 outlook on the integrated North American energy markets. This one-hour webinar will cover: * How oil prices and the oil industry will ultimately impact the natural gas and power industries * The potential impacts the Clean Power Plan and other environmental regulations will have on the U.S. power market * 25-year energy price forecasts that include projected natural gas, coal and oil prices, average electricity and capacity prices, and carbon emissions price

American Public Power Logo_2C_S1Energy Efficiency Webinar Series: Implementing an Energy Efficiency Portfolio

February 10, 2015, 2 pm – 3:30 pm EST   http://ow.ly/Hn0Ao

“To promote energy efficiency to customers, utilities need a portfolio of programs targeted at various segments of customers. This webinar will provide a high-level overview on how to develop and implement an energy efficiency portfolio suited to your unique customer base.

One of the most important aspects of a successful energy efficiency program is building participation from the targeted customers. Too often, customers indicate their willingness to participate early on, then don’t support the program once it’s launched. Learn strategies for building customer buy-in early and keeping them involved through market outreach, a high level of customer service, and branding initiatives.

  • Developing programs & portfolios
  • Market research for program design
  • Program planning, design and implementation
  • Marketing demand side management programs and the customer value proposition”

Speaker: Wallace Barron, President, Barron & Associates Corporate Solutions, Atlanta, Ga.


American Public Power Logo_2C_S1Public Power’s Unique Business Model and Governance Structure

February 12, 2015, 2 pm – 3:30 pm EST    http://ow.ly/Hn1Hl

“Two basic factors for new and experienced public power governing board members to understand are the unique elements of public power’s traditional business model, and the different structures of public power governance. This webinar addresses the components of the public power business model and the challenges it faces as the industry transitions. The instructor will also cover the various structures of public power governance (utility board, city council, etc.) and how to assure the maximum effectiveness of whichever governance model your community employs.”

Speaker: Dr. Jeff Tarbert, President & CEO, The Tarbert Group, LLC, Falls Church, Va.  Jeff retired after 37 years as senior vice president with the American Public Power Association, where he oversaw member services programs, and worked in the areas of governance, strategy, utility management and energy efficiency.


 American Public Power Logo_2C_S1Electric Utility 101: Generation

February 17, 2015, 2 pm – 3:30 pm EST    http://ow.ly/Hn2ka

“Power supply and delivery are highly technical, complex and interrelated issues. Historically the generation sector was made up of traditional production facilities such as coal, nuclear, hydro, gas and oil. Today, generation is more diverse and includes not only traditional fuel sources but also a wide range of renewable generation, such as wind and solar. In addition, integrated resource planning and demand-side programs also impact supply-side options.

This webinar, aimed at policymakers and non-technical employees, focuses on the first step in the complex power supply chain, the production of electric energy. The instructor will also present an overview of the major types of generation characteristics when supplying the daily load curves.”

Speaker: Wallace Barron, President, Barron & Associates, Corporate Solutions, LLC, Atlanta, Ga.  Wallace has over 40 years of experience in the electric energy industry, 15 of which have been with public power and cooperative systems. He previously worked as a vice president of marketing, customer service, and distribution technology at the Florida Power Corporation. Wallace has a broad range of experience in the utility industry. His responsibilities have included key accounts, customer service, rates and pricing, economic development, demand-side management, strategic planning and distribution engineering. He has also served as an expert witness on many of these topics.


American Public Power Logo_2C_S1Electric Utility 101: Substations

March 19, 2015, 2 pm – 3:30 pm EST   http://ow.ly/Hn34n

“Substations are the transition points in the electric grid. They connect the generation, transmission and distribution systems. Substations come in all sizes and shapes and are the point where most retail utilities buy their wholesale power. They can be complex control nodes in the system and will be a significant focus for the smart grid at the generation and transmission levels.

This webinar provides a non-technical overview into the applications and functions of substations. The instructor will cover why substations are needed and the role they play in a reliable electric supply chain.”

Speaker: Wallace Barron, President, Barron & Associates, Corporate Solutions, LLC, Atlanta, Ga.  Wallace has over 40 years of experience in the electric energy industry, 15 of which have been with public power and cooperative systems. He previously worked as a vice president of marketing, customer service, and distribution technology at the Florida Power Corporation. Wallace has a broad range of experience in the utility industry. His responsibilities have included key accounts, customer service, rates and pricing, economic development, demand-side management, strategic planning and distribution engineering. He has also served as an expert witness on many of these topics.


American Public Power Logo_2C_S1RP3 Series: Reliability

March 20, 2015, 1 pm – 2 pm EST   http://ow.ly/Hn3Or

“In the reliability section you will be asked to (a) track your reliability indices and power quality, (b) plan for the future through mutual aid and emergency plans, and (c) maintain physical and cyber security. The goal of this section is to ensure that you have the core tenets in place to deliver reliable electricity to your community.”

Speakers: Neil James, Manager Distribution Operations, Santee Cooper, APPA RP3 Staff


American Public Power Logo_2C_S1RP3 Series: Safety

March 27, 2015, 1 pm – 2 pm EST   http://ow.ly/Hn4u0

“The core purpose of the safety section is to encourage a culture of safety throughout your utility. Essential items like having an updated safety manual, holding regular safety meetings, and conducting disaster drills make up the majority of this section. Each year, APPA’s Safety Committee reviews this section to ensure that you are meeting current safety standards and regulations.”

Speaker: Jon Beasley, Superintendent, Electric Cities of Georgia, APPA RP3 Staff


greentechmedia Webinar UtilitiesPV Power and Power Quality: Understanding Your Options for Utility-Scale Grid Compliance

On-demand    http://ow.ly/Hn5GS

Learn about:

  • “Upfront planning:  Understanding up front what issues could occur downstream will be better for the lifecycle of your project than unexpectedly down the road.
  • Inverter selection:  Key considerations in inverter selection to make the most economically productive use of your solar inverters and comply with interconnection agreements.
  • Power quality:  Taking a look at proven technologies like BESS and STATCOM within the substation that PV plants can use to address congestion issues and other grid code requirements.  When should you consider each of these technologies and how do they benefit the developer?”

Speakers: Ulf Andersson, Director of Engineering, ABB Power Systems, US – Substations; Jaspreet Singh, Product Manager, Utility Inverters, North America, ABB; Martin Shalhoub, Manager, Power Systems Consulting, North America; Pat Hayes, Account Manager for Energy Storage Power Conversion Systems, ABB.


Webinar Utility UtilitiesOn demand – 60 minutes    http://ow.ly/HmXE6

Learn:

  • “How to test scalability without the significant capital investment
  • Ways to prepare the back office for mobility and the data explosion while keeping customers satisfied
  • How to apply more rigorous testing to the applications earlier in the lifecycle and enable organizations to reduce defects getting into production.”

Speaker: Jeff Cunliffe — CEO, Automation Consultants, Jeff Cunliffe has a background in technology management spanning 20 years starting back in 1994 for US Defense firm, Rockwell. Jeff founded Automation Consultants in 2000, a company that provides IT solutions for the Utilities sector and has driven it to be the success it is today. He has an engineering degree from London University and a Masters degree in economics from Oxford University.”


Mutual AidAsset,Critical Spares Twitter BannerLearn more about our Mutual Aid & Critical Spares Management Solution for Utilities: Veracity Connect, collaborative platformMake electrical equipment procurement easy and efficient. Locate a matching power transformer before a failure occurs!

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Happy New Year! May 2015 bring you Happiness & Success!

New Year 2015 SuccessMutual AidAsset,Critical Spares Twitter BannerLearn more about our Mutual Aid & Critical Spares Management Solution for Utilities: Veracity Connect, collaborative platformMake electrical equipment procurement easy and efficient. Locate a matching power transformer before a failure occurs!


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12 Utility Trends For 2015

2015 Trends Utilities

A New Year always brings its surprise bag of trends and predictions. Based on statistics or just wishes, the electric grid has deeply changed and keeps moving forward. These selected articles and posts will give you the insight you need to better understand the coming year.

Regulations: Coal Cold, Helpless Wind

regulations utilities

 Smart Grids

smart grid tech_2 utilities

Distributed renewables

Distributed renewables are the spearhead of smart grid, shifting the power from utilities to utilities AND its “prosumers” (professional or proactive consumers). Solar panels, geothermal systems or small windmills enable consumers to have a better control over sources of energy, decreasing their dependency on energy providers.

 

A Few Meters Away

Smart meter utilities

Smart meters are the key innovation in the realm of utility consumption. They open the door of big data and allow companies to use the power of analytics, as well as automation. Adjusting demand and supply is not a manual task anymore. Nevertheless the smart meters do not make the world rosier, for the time being.

 

Social Media

Social Media Utilities

Live tweeting and social media posts have made communication a little bit more easier between customers and utilities. The best example is planned and unplanned outages, when utilities inform customers concerned by a black-out or vice-versa, even though people are encouraged to directly contact utilities by phone to signal an outage in their area.

Solar is the new stellar source of energySolar panel installation

 

Spare Power: Bid on it

AdvancedBatteries_Icon energy storage

Nuclear or no nuclear

Hamaoka-Nuclear-Power-Plant-in-Japan

Cyber Attacks

cyber-risk utilities

 

Physical Threats

Metcalf Substation utilities

 

Mutual Aid & Emergency Response

utilities electric9e-1-web

 

Electric Vehicles

Symbol_electric_vehicle_charging_stations

 2015 should be a very dynamic year for utility companies, industry partners and consumers. The sector’s landscape is changing in a faster way. Technologies have opened new opportunities to make the grid smarter, manage assets more efficiently and ensure a better match between demand and supply.

Go further

For a deeper insight on how technologies are changing the utility sector, we invite you to watch 10 Trends and Technologies to Impact IT Over the Next Five Years, a webinar recently published by the consulting firm Gartner.


Mutual AidAsset,Critical Spares Twitter BannerLearn more about our Mutual Aid & Critical Spares Management Solution for Utilities: Veracity Connect, collaborative platformMake electrical equipment procurement easy and efficient. Locate a matching power transformer before a failure occurs!

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The 12 Blog Posts of 2014!

Utility Conferences 2015 1Selected 2015 Utility Conferences & Trade Shows

Large Power Transformers and The U.S. Electric Grid Veracity Critical Spares9 Key Facts from the “Large Power Transformers and the U.S. Electric Grid” Study

Debunking 5 Myths About Purchasing Reconditioned Electrical Assets VeracityDebunking 5 myths of Purchasing Reconditioned Electrical Assets – Infographic

Disposition Surplus Asset Veracity Asset ManagementDetermine the best disposition solution for your surplus assets – Infographic

Investment Recovery Veracity Asset Management UtilitiesInvestment Recovery: the Missing Link in the Supply Chain

Transformer Problem Veracity Connect WillisThe Transformer Problem

SpreadsheetWhy Using Speadsheets is a Risk for Your Supply Chain

We’re one of the 15 Canadian companies CDMNVeracity Is Part of the CDMN’s Outbound Soft Landing Program

Plant decommissioning Energy Nuclear Oil GasDecommissioning Projects: Why It Costs So Much And Takes So Much Time

Supply Chain, Investment Recovery, SustainabilityArticle Highlight: Sustainability, Investment Recovery and Supply Chain

Veracity Connect Critical SparesCritical Spares Infographic

Veracity Connect Utility Critical AssetVeracity Asset Management Group Announces the Introduction of Veracity Connect


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2015 Utility Conferences & Trade Shows

Merry Christmas & Happy Holidays to all!

It is hard to believe that 2015 is around the corner, buried in the snow or under the ice (or sand if you live in the South). Conferences and trade shows are great opportunities to meet face-to-face with your clients and partners. We selected the most pertinent events to the electric utility industry taking place next year.Utility Conferences 2015 1

Summary

NET 2015 – Touchstone Energy Annual New and Emerging Technologies – January 26-29, 2015, Tucson, Arizona

Smart Energy Summit – February 16-18, 2015, Austin, Texas

NRECA Annual Meeting & TechAdvantage Expo – February 19-27, 2015, Orlando, Florida

Power Grid Resilience 2015 – March 23-25, 2015, Washington D.C.

IEEE-PES 2016 T&D Conference & Exposition – May 2-5, 2016 – Dallas, TX

National Town Meeting – Demand Response + Smart Grid – May 26-28, 2015, Washington, DC

Southeastern Electric Exchange Annual Conference & Trade Show – June 24-26, 2015 – Hershey, PA

Esri Electric and Gas GIS Conference – October 6-8, 2015, Providence, RI

Utility Supply Chain Management – January 19-21, 2015, Lake Buena Vista, FL

***

NET 2015 – Touchstone Energy Annual New and Emerging TechnologiesTouchstone Energy New and Emerging Technologies

January 26-29, 2015, Tucson, Arizona

NET 2015 is Touchstone Energy’s premiere B2B conference connecting national energy managers and key account personnel from around the nation. Hear and see what new technologies and topics are shaping our industry from national speakers and experts. View new products and services from our valued sponsors and exhibitors and network with beautiful Tucson as your backdrop.

Contact: Kathryn Momot, Program Manager, Kathryn.Momot@nreca.coop, (703) 907-5707

http://net.touchstoneenergy.com/content/net-2015


Smart Energy Summit

Smart Energy Summit 2015 UtilitiesFebruary 16-18, 2015, Austin, Texas

Engaging the consumer

Industry Perspectives

  • Electric utility: business model transition – avoiding the death spiral

Perspectives on Smart Products and Services

  • Role of energy management in smart home systems and home control platforms
  • Modeling energy solutions and integrating them into smart devices
  • Big data and analytics: extracting extra value from smart meters and energy services

Working Together

  • Partnerships and new business model opportunities for smart home product and service providers
  • Leveraging multiple smart products to enhance DR programs
  • The impact of smart devices in retail energy markets
  • Energy audits: expanding energy efficiency programs to whole-home solutions
  • Strategies to speed up the pilot process & keep pace with market innovation
  • Standards and interoperability: solutions that bring together the home’s products and services
  • Balancing privacy concerns and market regulations with opportunities created by big data
  • The role of telecom and cable service providers as energy providers/managers

http://www.parksassociates.com/events/smart-energy-summit

Agenda          #SES2015        sales@parksassociates.com


NRECA Annual Meeting & TechAdvantage ExpoNRECA-logo

February 19-27, 2015, Orlando, Florida

TechAdvantage is the technology event for electric co-op professionals. The event is at the forefront of innovation, delivering critical technologies that are transforming the world of engineering, information technology, energy services, operations, supply management and business. Join us for four days of leading-edge strategies and best practices that will benefit Co-op Nation well into the 21st century.

Who comes to TechAdvantage?

  • Engineers eager to leverage new applications and existing technologies to do their jobs well and do their jobs right
  • Sharp operations professionals wanting to keep pace with new technologies who are ready to execute results and fire on all cylinders
  • IT professionals targeting new skills and analyzing practical information to manage infrastructure, security and strategy
  • Frontline supply managers attentive to new ideas and innovative products that they can maneuver and apply at their co-ops
  • National co-op leaders wanting to hear from technology experts about what they see coming to determine how their co-ops will meet new challenges
  • Smart co-op insiders, hungry for what comes next and re-energized by new ideas that will elevate their efforts to new levels

Eric Commodore, NRECA
Telephone: 703.907.5577, Fax: 703.907.5521, eric.commodore@nreca.coop

Mary Novack, Kenworthy Management, Inc., NRECA Show Management
Telephone: 718.578.4658, Fax: 718.848.5095mary@kenworthymanagement.com

http://www.techadvantage.org


Power Grid Resilience 2015

power-grid-resilience utilities

March 23-25, 2015, Washington D.C.

Topics:

  • A More Solidified Regulatory Environment
  • Grid Modernization: Costs vs Benefits
  • Roundtable Discussions on Comprehensive Security Planning
  • Advanced Technologies to Reduce Major Storm Impacts
  • Balancing the Risks: Understanding, Preparing for, Enduring and Recovering from Extreme Events
  • New Frontiers in Tech Innovations
  • Peer-to-Peer Networking

www.powergridresilience.com   –   enquiry@iqpc.com  –  1 800 882 8684

***

Emergency Response and Mutual Aid are two of the key elements Veracity Connect, the collaborative platform designed for utilities, focuses on.Mutual Aid Agreement Utilities

Veracity Connect allows members to work together to strengthen mutual aid and to be better prepared for infrastructure failure and extreme weather events. The features of Veracity Connect include:

  • Mutual Aid Alerts and Messaging
  • Real time information on availability of spares inventories, fleet, line crews and materials across North America
  • Centralized emergency management
  • Collaborative platform to store, share and manage mutual aid agreements
  • Access to Mutual Aid Partners from other State and Provincial Associations
  • Provide members with aggregated data on Primary Voltages to enhance spares pooling and joint purchasing.
  • Access to third party suppliers of back up equipment and mobile units

Learn more on our website: Veracity Connect, collaborative platform

Contact us at info@veracityamg.com or 866 694 1252!


 Southeastern Electric Exchange Annual Conference & Trade ShowSoutheastern Electric Exchange Utilities

June 24-26, 2015 – Hershey, PA

The Southeastern Electric Exchange is a non-profit trade association of investor-owned electric utility companies.

What makes the SEE Annual Conference and Trade Show a popular choice…

—for Utility Members?

  • Breakout sessions provide in-depth presentations by industry experts on the latest issues and applications.
  • General Sessions highlight different perspectives on global issues that affect our business.
  • Roundtable sessions provide feedback and solutions to current technical challenges.
  • Breaks and banquet functions present invaluable opportunities for networking with colleagues in an informal setting and “putting a face with a name.”
  • Trade show booths provide access to the latest in equipment and technology.

…for Manufacturers, Contractors, Consultants, Specialists and Professionals?

  • This three-day event affords many opportunities to meet and network with your customers in both formal business settings and informal business social environments.
  • During this event SEE offers further opportunity to increase your company’s customer base, brand awareness and visibility through
    -Trade Show exhibit booths
    -Corporate Sponsorship (more info)

S.E.E. Conference Coordinator: Amy Bekele, phone: 404/233-1188
S.E.E. Trade Show Coordinator: Kendra Cutno, phone: 404/233-1188

http://www.theexchange.org/index.html


 IEEE-PES 2016 T&D Conference & Exposition

IEEE-PES 2016 T&D Conference & Exposition

May 2-5, 2016 – Dallas, TX

Institute of Electrical and Electronics Engineers – Power & Energy Society

This event will showcase the technologies, products, companies and minds that will lead our industry through the next fifty years.

http://www.ieeet-d.org/    http://www.ieee-pes.org/

Contact: Thomas Mayne      Email:   mayne25@charter.net


National Town Meeting – Demand Response + Smart Grid National Town Meeting Demand Response

May 26-28, 2015, Washington, DC

Organized by the Association for Demand Response & Smart Grid (ADS), The National Town Meeting on Demand Response and Smart Grid® is the premier event in the US focused on the business and policy aspects of demand response and its enabling technologies and applications. It is unique in that it devotes an entire day to roundtable discussions featuring experts in demand response and smart grid, who discuss with each other and with the audience the latest trends, issues, and business developments. The National Town Meeting also features panel discussions, case studies, and presentations of best practices. Another hallmark is attendee engagement, whether through Q&A sessions with top business leaders and policymakers, through formal electronic voting, or through the National Town Meeting’s reception and other networking sessions.

http://www.demandresponsetownmeeting.com/

ADS Contact: jenny.senff@demandresponsesmartgrid.org


Esri Electric and Gas GIS Conference

Esri Electric and Gas GIS Conference

October 6-8, 2015, Providence, RI

  • The 2014 Esri Electric and Gas GIS Conference offered over 600 attendees the opportunity to:
  • See the latest maps, apps, and solutions for utilities.
  • Stretch GIS beyond mapping to secure funding, upgrade infrastructure, and drive marketing.
  • Approach new government regulations with knowledge-driven analysis.
  • Get ready for emergencies and outages by taking maps to the field and sending data to the cloud.
  • Network with peers to learn best practices and receive industry recognition.
  • Find out how to use ArcGIS as a platform and increase return on investment.

http://www.esri.com/events/electric-gas


Utility Supply Chain Management 

January 19-21, 2015, Lake Buena Vista, FL

This first-rate event attracts a variety of procurement, purchasing, sourcing, planning, and inventory management executives of utility supply chains to exchange best practices and gain cutting-edge knowledge on improving supply chain efficiency.

Pre-Conference Workshop — Sunday, January 18, 2015
Industry Leading Performance — How Do You Measure Up?

Leading Industry Experts Tackle Tough Supply Chain Challenges

  • Energy industry trends impacting supply chains — Backlash from the Polar Vortex, distributed generation disruptions, fracking impediments, and EPA’s Clean Power Plan
  • Material forecasting updates — Natural gas price volatility, king coal’s demise, and metals’ rising production costs
  • Veterans in the workforce — Approaches to identifying key talent and the hiring of veterans
  • Supplier integration — How to initiate supplier commitment and investment

PLUS PANEL DISCUSSIONS ON:

  • Inventory Optimization
  • Supplier Risk Management
  • Pipeline Construction Challenges

CASE STUDIES! Gain industry knowledge through a variety of notable case studies on the following:

  • Identifying the value of investment recovery within the supply chain — Entergy, Pacific Exchange
  • Expanding capacity and cost reduction via supplier integration — Southern California Edison
  • System rebuilding in alliance with supply chain partners — Empire District Electric Co., Irby Utilities

http://www.platts.com/events/2015/pc501/index


Mutual AidAsset,Critical Spares Twitter BannerLearn more about our Mutual Aid & Critical Spares Management Solution for Utilities: Veracity Connect, collaborative platformMake electrical equipment procurement easy and efficient. Locate a matching power transformer before a failure occurs!

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Utilities News Roundup! November – December

Nuclear

Southern_California_Edison_(logo) Panel hears bids for storage of nuclear waste http://ow.ly/DoyRO “Southern California Edison’s Community Engagement Panel met on Oct. 14 to hear bids from the two final companies vying to create storage for nuclear waste at the decommissioned San Onofre Power Plant.” #power

Entergy Entergy: $1.24B Is Needed to Decommission Vermont Yankee Nuclear http://ow.ly/Dqile #nucleardecommission

nuclear-power-plant End Of Life Costs For #Nuclear Power A Real Concern http://ow.ly/Et9EM 200 nuclear reactors have to be shut down by 2040: who will lead the #decommissioning projects… and how much will be the bill? #power

Utilities

Georgia Power Georgia Power named IOU of the Year for innovation, industry collaboration and leadership in the solar energy http://ow.ly/DpSIs #IOU #utility

Hydroone Hydro One Invests to Refurbish Ontario Michigan Interconnection Transmission Circuit http://ow.ly/Dq9Bm “The $6.8 million investment refurbished 24 towers on the 5.5-km circuit that runs from Sarnia Scott TS to the Mid River Junction Bunce Creek at the St. Clair River.” #powertransmission

Massachusetts Massachusetts Tops California as Most Energy-Efficient State http://ow.ly/DpWRm #Massachusetts #energy #utilities

LG&E Kentucky PPL Companies LG&E, Kentucky Utilities to add up to 737MW of gas generation http://ow.ly/Dq36g #Kentucky #gasplant

utilities2 Old Is New Again in the Utility Industry http://ow.ly/DKPto #utility #power

mega power plant Infographic: The World’s Ten Largest Power Plants http://ow.ly/DL2gx “with the top 5 located in China and South America.” #powerplant #China

NERC NERC troubled about EPA Clean Power Plan impact on grid reliability http://ow.ly/E4p0E “The NERC assessment, Potential Reliability Impacts of EPA’s Proposed Clean Power Plan, provides recommendations for further analyses to ensure continued system reliability.” #grid #utilities

AES_Corporation_(logo).svg AES to provide 1,284 MW of gas power to replace San Onofre http://ow.ly/E4qTs “AES has been awarded 20-year contracts by Southern California Edison (SCE) to provide 1,284 MW of combined cycle gas-fired generation” #gaspower

Alstom Alstom delivers demand response system to Con Edison http://ow.ly/E8qyK “The product is based on Alstom’s e-terra DRBizNet 3.0​, and provides utilities the ability to compensate energy flow and optimize existing assets.” #utilities

Tamil_Nadu_Electricity_Board_(emblem) Awards for failure-free operation of EB transformers http://ow.ly/E8sQ0 “Over the past five years, transformer failures have come down to 6.25 per cent from 13 per cent in the Tiruchi region which has over 40,000 transformers” #utilities #powertransformers

energy-management-power-grid Northern Michigan is facing a power crisis. How will it be fixed? http://ow.ly/E8z6L #Michigan #powergeneration

BChydro BC Hydro, LNG Canada sign #power deal; project still not official http://ow.ly/ESoMa “The deal […] comes as the Liberal government announced the power rates for LNG proponents.”

the-keystone-xl-pipeline-just-moved-one-step-closer-to-approval-702x336 #Keystone XL price tag hits US$8B amid regulatory stalling http://ow.ly/ESfLD #Albertaoilsands

Federal Energy Regulator Commission FERC issues decision on Duke-Progress merger…after three years http://ow.ly/ESt1X #power

opower_s Opower, FirstFuel partnership yields ‘major expansion’ with #utility customer http://ow.ly/Et5n5 The partnership allies data #analytics and utility software systems.

Federal Energy Regulator Commission FERC Issues Order Authorizing the Disposition of Facilities Re Portland General Electric Company Under EC14-147 http://ow.ly/EtBTL “The Boardman Project includes a 642.2 MW coal-fired generating facility, interconnection facilities to the Slatt Substation and a line used to deliver station power to the generating facility that runs from PacifiCorp’s 230 kV Dalreed Substation” #substation

utility1 monopoly Here’s what to expect for #utility rates in 2015 http://ow.ly/EtIA2 average increase of 1.9 %

 

International

Coal Plant Energy Coal gets cold shoulder from Denmark and Germany http://ow.ly/DK9kV “Denmark and Germany have outlined plans to decrease or potentially eliminate coal plants as part of a push to meet climate goals. ” #coal #denmark #germany

abengoa_logo CCRES Abengoa to develop in Belgium the largest #biomass power plant in the world http://ow.ly/E8wVo Capacity of 215 MW, €315M

map-oman #Oman Enhances #Power Delivery http://ow.ly/ESPHZ 6 new substations will be commissioned to answer electric demand

Rosatom Dhaka, Moscow finalise action plan for Rooppur #nuclear power plant http://ow.ly/EtHlN #Russia

Radioactive California Fukushima Traces of #Fukushima Radiation Detected Off #California Coast http://ow.ly/EuqzU A priori no harm

duke-energy-co-logo Duke Energy announces plans to begin removing #coal ash from four North Carolina sites http://ow.ly/EuCoq ““The initial work at these facilities will help us assess various approaches for the closure plans at our remaining 10 North Carolina facilities,” said Elnitsky.”

Physical & Cyber Security, Extreme Weather Events

grid resiliency Sandy Critical infrastructure sees upgrades since Sandy devastation http://ow.ly/DoLvU States and utilities have improved flood protection, more resistant residential, public services infrastructures and the power grid. #superstorm

NERC Beyond NERC: best practices for worst-case scenarios http://ow.ly/CcjdB “Plan for recovery as well as prevention.” This is why we offer utilities Veracity Connect, a platform to source critical spares, like transformers, in North America #NERC #reliability #criticalasset

UtilityCoRecruit2.1013.large Winter utility assistance plans available http://ow.ly/DK3B9 “With the onset of colder weather in Northeast Ohio, several programs are offering financial assistance to customers who may have difficulty keeping up with the costs of their utilities.”  #utilities

Superstorm Sandy Remember Sandy: Two-Year Anniversary http://ow.ly/DKW78 “Hurricane Sandy affected 24 states, including the entire eastern seaboard from Florida to Maine and west across the Appalachian Mountains to Michigan and Wisconsin, with particularly severe damage in New Jersey and New York.” #superstorm #hurricane #utilities

CPS-Energy-logo Municipally-owned CPS Energy putting San Antonio on the forefront of smart cities http://ow.ly/E8myQ “The grid of the future will be more than a one-way delivery system for electricity. It will be a platform for information and services that we’ve barely begun to imagine,” said Doyle Beneby, CEO of CPS Energy. #smartcity

2000px-US_Department_of_Homeland_Security_Seal.svg #Cyber-attack causes major breach of software controlling critical U.S. infrastructure http://ow.ly/E8tIG The malware [BlackEnergy], although not yet live, can activate anytime and leave these processes susceptible to failure or malfunctioning.

Big_Data-310x224 How four U.S. #utilities are tackling big data http://ow.ly/ERh8D Utilities are well decided to start diving into big data. What will be the outcome? #bigdata

Security_Threat_Report U.S. Orders Electric Utilities to Secure Sites From Attack http://ow.ly/ERay7 Physical #security is becoming a major concern for utilities and industry partners.

storm_arthur.jpg.size.xxlarge.letterbox Storm Hardening the Grid http://ow.ly/E8jhM Are you ready for the coming #storms? We can help you with mutual aid agreements http://ow.ly/E8juF #utilities #mutualaid

604491_LIghtning-storm-in-Alberta-Canada In Orleans, no #storm but responders active http://ow.ly/ERxlS Maximize your mutual aid agreements with Veracity Connect http://ow.ly/ERxHq #mutualaid

North America Grid Weather Forecasts North America 2015 http://ow.ly/ESRxQ Temperatures above normal…which means more snow than usual! Turn your mutual aid agreement on with Veracity http://ow.ly/EucON #mutualaid

Renewables & Smart Grid

Federal Energy Regulator Commission FERC: Renewables account for 40% of capacity additions this year http://ow.ly/DtaYY “According to FERC, there are 62.3 GW of installed wind and another 9.74 GW of solar, but those make up less than 6% of total capacity. The bulk, some 42% of the total, is still gas-fired.” #renewable #utilities

renewables logo New Renewables Will Require #Transmission Upgrades http://ow.ly/DpMzS “is it that simple?”

Solar panel installation Georgia is the nation’s fastest growing #solar market http://ow.ly/ERMAn “Solar-related jobs in the state grew 225% last year”

Microgrid-global-view Are #Microgrids a Myth? http://ow.ly/ESOoF Should utilities promote distributed energy resources?

wind turbine New analysis: U.S. is world’s number one #wind energy producer, leading China and Germany http://ow.ly/ExvpS “Over $120 billion worth of U.S. wind projects have been installed since the year 2000.”

Word Cloud Smart Grid Smart Grid Networking, Communications Technologies Spending Expected to Total $30 Billion over Next 10 Years http://ow.ly/advanced

 

Company NewsMutual AidAsset,Critical Spares Twitter Banner

Veracity is now a proud Silver Associate Member of the NRECA! Cooperatives are essential to the U.S. electric grid. We help coops source critical spares through the power of collaboration: http://ow.ly/Dx7Hp +NRECA #coops #electricgrid

We are proud of being an associate member of the Michigan Municipal Electric Association! veracityamg.com #electricity #collaboration

As a municipal utility or coop, become a Veracity Connect Member to source critical spares http://ow.ly/i/7nB9u http://ow.ly/DtMxC

We wouldn’t have been able to go to Georgia without the help of the #softlanding14 Program. Thanks to @CDMN for helping us #GrowGlobal

 

Recovering value from plant decommissioning? http://ow.ly/xjC1d #decomissioning #powerplant #utilities #energy http://ow.ly/i/79MkB

Decommissioning Projects – Why it takes so long & costs so much: http://wp.me/p2EjZw-7I Share it & share your expertise!

Join the Investment Recovery Canada group and find opportunities for your Canadian company: http://ow.ly/zymGu http://ow.ly/i/7nCOH

Turning your surplus equipment into a financial reward: this is called investment recovery: http://ow.ly/yzrN7 http://ow.ly/i/641yF

Aging grid assets? How to know which equipment to replace and when http://ow.ly/D3B4M Get some help from Veracity Connect: http://ow.ly/D3C2m

#Asset Redeployment Checklist http://wp.me/p2EjZw-8S We assist you in choosing the best option for idle #equipment http://ow.ly/EVCgb

 

Renewable or not, the energy you provide requires an emergency plan if a transformer fails: http://ow.ly/BZJ7k http://ow.ly/i/7nBT6

We know what you go through as a utility company when you look for a spare transformer – Veracity Connect http://ow.ly/BZJ7k #utilities #power http://ow.ly/i/7nByl

Looking for #power transformers? Veracity Connect helps you get in touch with other #utilities, OEM & resellers http://ow.ly/DOC9S

Don’t be left in the dark when a transformer failure occurs – Veracity Connect http://ow.ly/BZJ7k http://ow.ly/i/

Binder, spreadsheet, buddy system… you deserve better to source critical spares for your utility company. Contact us & Try Veracity Connect: http://ow.ly/BonlR

Our surplus utility equipment catalogue is now available! http://ow.ly/DLcVN Check it regularly and contact us if you are interested in some of the featured items! #utility #surplus #powertransformer

 

A cloud platform that helps you source critical spares and reinforce your mutual aid agreement? It exists: Veracity Connect http://ow.ly/Aua0t LinkedIn: http://ow.ly/AuacD

Transformer Fleet, Mutual Aid & Asset Disposition are components of Veracity Connect: http://ow.ly/ET0a7 http://ow.ly/i/7Invt

Are you a #utility? Have instant access to mutual aid contacts & resources with Veracity Connect http://ow.ly/ExDtr

 

Join us on LinkedIn page http://ow.ly/ET5kW We help #utilities source critical spares & maximize mutual aid http://ow.ly/ET5kX

Why Using Spreadsheets is a Risk for Your Supply Chain http://wp.me/p2EjZw-76 #spreadsheet #supplychain http://ow.ly/i/7jbDs

Subscribe to our Veracity’s monthly newsletter: Critical Spares Management & Investment Recovery for Utilities http://eepurl.com/LVtY1 http://ow.ly/i/73Jj2


 Learn more about our Critical Spares Management Solution for Utilities: Veracity Connect, collaborative platformMake electrical equipment procurement easy and efficient. Locate a matching power transformer before a failure occurs!

Stay updated through our social media platforms and our website:

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High-Impact, Low-Frequency Event Risk to the North American Bulk Power System

High Impact Low Frequency Event Risk North America NERC VeracityEven though the report “High-Impact, Low-Frequency Event Risk to the North American Bulk Power System” from the North American Electric Reliability Corporation (NERC) and the U.S. Department of Energy (DOE) was released in 2010, its content is still valuable in 2014 as the utility sector is well determined to strengthen its electric infrastructure against high-impact events. The NERC and DOE have given guidelines which are slowly being implemented.

All the quotes are from the report.The full report can be accessed here.

Do not miss our resources blog section to find other relevant reports from the electric utility industry: Veracity Resources Utilities ReportsDefinition

High-Impact, Low-Frequency (HILF) events are “coordinated cyber, physical […] attacks, […] nuclear weapon, and major natural disasters” such as hurricanes, earthquakes, tsunami, pandemics and geomagnetic disturbances.

Their frequency is extremely low, but they have an impact at the regional, national or international level. Power generation, transmission and distribution, as well as health, transportation and other key sectors can easily be paralyzed.

The U.S. Department of Energy and the North American Electric Reliability Corporation have made grid resiliency a priority, with a focus on large equipment, such as power transformers.

“Today, the government and industry must recommit themselves to supporting one another to enhance the protection, resiliency, and response capabilities for the North American bulk power system in the face of these rare events.”

Mitigating such risks requires balanced investments between protection of the facilities, restoration plans and resilience efforts, as well as simply raising utilities’, industry partners’ and end users’ awareness.

Common Characteristics

  • Can occur very quickly with little warning;
  • Cause widespread impact to the sector (human and/or physical);
  • Originate from external sources outside of control;
  • Limits the extent of proactive measure;
  • Operational experience is still little.

 ***

3 types of High-Impact Low-Frequency risks

  • Coordinated Attack Risk such as cyber and/or physical attack: “The specific concern with respect to these threats is the targeting of multiple key nodes on the system that, if damaged, destroyed, or interrupted in a coordinated fashion, could bring the system outside the protection provided by traditional planning and operating criteria.” Thus the NERC has developed Critical Infrastructure Protection standards.Coordinated Attack Risk Utility
  • Pandemic Risk: “The principal vulnerability with respect to a pandemic is the loss of staff critical to operating the electric power system.” The lack of qualified personnel would slow down operations and increase risks of failure. But the impact on the power supply is recognized as minor, as the resolution of this type of issues mainly relies on health authorities.
  • Geomagnetic/Electromagnetic Disturbances: caused by the solar weather, they can affect the transmission lines and large transformers. Certain areas are more affected than others. (MAP) The 1989 blackout of Hydro Québec was due to such a electromagnetic disturbance. This event led to new operational procedures for utilities whose substations are located in areas at risk.

Geomagnetic Disturbances***

Guidelines

The North American Electric Reliability Corporation and the U.S. Department of Energy have given guidelines to face such events:

Coordinated Attack Risk
  • Collaboration between U.S. and Canada with direct lines of communication and coordination with the electric sector.
  • Use scenario-based models for analysis, plans and procedures for restoration
  • Evaluation of the efficacy of current bulk power system planning and practices to improve the efficacy.
  • Implementation of restoration and recovery plans.
  • Increase security clearances.
  • Input from stakeholders, government and sector partners to identify areas of improvement and additional costs.
  • Improve the current spare equipment efforts for scarce/long-procurement-cycle assets, identification of inventory of critical spares.
  • Optimize the supply chain in terms of high-impact system components.
  • Develop a lexicon of cyber and physical attack risk terms to ensure clear communication
  • Encourage the development of technological and software solutions for network security tools.
Pandemic RiskPandemic Risks
  • Incorporate previous pandemic crisis (A/H1N1) into current pandemic and business continuity plans.
  • Collaboration between NERC, Federal Electric Reliability Corporation (FERC) and state regulators through the National Association of Regulatory Utility Commissioners (NARUC), and the Federal Emergency Management Agency (FEMA) and all other involved entities.
  • Improve timeliness, granularity and quality of metrics used to measure and report on the emergence and spread of pandemic vectors.
  • Give U.S. and Canada health, transportation and utility services employees from critical sectors priority to access vaccines and travel.
Geomagnetic Disturbances, High Altitude Electromagnetic Pulse Events, Intentional Electromagnetic Interference ThreatsGeomagnetic Risks
  • Assess electromagnetic threats and initiate restoration plans.
  • Support industry efforts.
  • Design a road map for long-term research.

***

Questions

This report brings up the following questions:

  • How much risk is the private sector willing to accept?
  • How much risk is the public sector willing to accept?
  • How much are consumers (or society at large) willing to pay to reduce this risk?
  • Who makes the determination for society’s tolerance for risk and the cost of employing protections?
  • How should the costs of employing protections be paid for?
  • How is damage measured: cost to replace damaged equipment, number of people-hours without power, number of other critical infrastructure nodes affected?
  • Where are interdependencies most critical?

 

Go further

The following blog posts can help you learn more about critical equipment and grid resilience:

Equipment Criticality

Transformers: An Essential Link of the Electrical Grid

The Transformer Problem

Key points from “Economic Benefits of Increasing Electric Grid Resilience to Weather Outages”

9 Key Facts from the “Large Power Transformers and the U.S. Electric Grid” Study

Critical Spares Infographic

Your Veracity Connect Newsletter – Volume 6


 

Learn more about our Critical Spares Management Solution for Utilities: Veracity Connect, collaborative platformMake electrical equipment procurement easy and efficient. Locate a matching power transformer before a failure occurs, maximize your mutual aid efforts!

Stay updated through our social media platforms and our website:

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Decommissioning Projects: Why It Costs So Much

Plant decommissioning Energy Nuclear Oil Gas

If you like being up to date in terms of news in the energy sector, or if you live close to a power plant, you must have heard the word “decommissioning” more than once.

Definition

Decommissioning is the administrative and technical process to remove something from an active status (Wikipedia). Applied to industrial facilities, it means disabling and dismantling any active industrial units until no hazardous material or danger remain.

Decommissioning commonly concerns power plants, especially nuclear, pipelines, offshore rigs, tanker ships, military aircraft carriers and nuclear submarines. Nuclear decommissioning is the “process whereby a nuclear power plant site is dismantled to the point that it no longer requires measures for radiation protection” (Wikipedia). A more detailed definition can be found on the U.S. Nuclear Regulatory Commission website.

Regulation compliance

Decommissioning projects are submitted to strict regulations and standards, such as:

Offshore oil gas platform rig Veracity

Decommission Steps

These steps are based on a typical offshore rig decommission, but the general process can be applied to power plants, ships and submarines.

  1. Project management: review of contractual obligations, engineering analysis, operational planning, contracting.
  2. Engineering and planning.
  3. Permitting and regulatory compliance: consulting firms can assist in obtaining required licenses and permits.
  4. Facilities preparation: flushing and cleaning tanks and pipes, getting metal units ready to be lifted.
  5. Disabling industrial units.
  6. Equipment removal.
  7. Materials disposal and site clearance: these two final steps require pre-decommissioning and post decommissioning surveys, identification of debris which could interfere with dismantling operations, and test trawling to ensure that the area is free of debris and ready.
  8. Site release.

Nuclear plant decommissioningNuclear Plant Decommissioning

For nuclear plants, three methods are available:

  • Reactor dismantling and decontamination, allowing the land to be used again;
  • Safe storage: the plant is monitored and taken down once radiation has decayed;
  • Entombment: a coffin or dome made of concrete and steel is set on the radioactive components. The Tchernobyl nuclear plant is a typical example of entombment. The land can be used once radiation has decayed, which can take decades depending on the level of radiation.

Offshore rig decommissioning oil gasTime frame

Projects require several years, from assessing the need to decommission a power plant to dismantling the last industrial unit. For nuclear plants, it can take up to 60 years in case of safe storage or unlimited time if the site cannot be decontaminated.

Why decommissioning?

The main reason is financial. It is sometimes not worth economically to upgrade power plants, offshore oil platforms, tankers and nuclear submarines. Alternative technologies exist and may prevail over updating current facilities.

Safety will also lead companies and governments to close facilities. For nuclear plants, government commissions assign operation licenses for an average period of 40 years. Nevertheless it is common to extend the plant’s life to 60 years or more. Safety is a key reason, but is sometimes put aside for economic reasons.

Dismantling decommissioning industrial site plantWhat happens to removed equipment?

  • Working units are redeployed or sold as is, where is.
  • Metals are scrapped and recycled.
  • Hazardous substances are sent to specialized processing facilities to be reclaimed or decontaminated.

To learn more about disposition options, read our blog post about the 7 Ways To Dispose of Your Surplus Assets.

 How much does it cost?

Even though the operating company is required to set aside funds throughout the plant’s or industrial facilities’ operating lifetime, it is common to see costs increase step after step. The decommissioning cost sometimes exceeds the cost of the plant when it was purchased. The spent fuel –nuclear waste – is sent to specialized waste disposal facilities and buried underground. No methodology has been found to process such hazardous waste yet.

Veracity can assist your utility or industrial company retrieve value from idle or decommissioned equipment. We can help you implement a tailored investment recovery program which will free up money for your bottom line. According to the Investment Recovery Association, $1 put in the investment recovery brings at least $20 dollars back to the bottom line. This is no magic, but a combination of a dedicated and skilled team and an effective network.

Decommissioning Project ValueWe assist you in:

  • Setting/improving Policies and Procedures to manage the end of life cycle of corporate assets. This starts with a well-defined policy, asset release form and follows key procedures to maximize the asset disposition process with full audit trail that provides risk mitigation to avoid environmental liabilities.
  • Sending feet on the ground inventory teams that can efficiently capture asset data and catalog the assets to provide internal corporate wide visibility of available surplus.
  • Sending the surplus back to the market through our network with the purpose of maximizing the value you recover.
  • Developing scrap management protocols to maximize return on scrap as well as reduce corporate exposure to environmental liabilities.

Veracity Surplus Asset ManagementContact us at 866-694-1252 or info@veracityamg.com. We are located in Sault Ste. Marie, Ontario, with solutions available for the North American market. Visit our website at http://www.veracityamg.com


 

Go further

Current Decommissioning Projects:

Exelon: Company dismantling Zion nuclear plant is running out of money

Entergy: $1.24B Is Needed to Decommission Vermont Yankee Nuclear

Letters: Good luck to Leshinskie on decommissioning of Vermont Yankee

San Onofre nuclear power plant dismantling will cost $4.4 billion, take 20 years

Chance for one last tour of Spondon’s Celanese factory before it is bulldozed

For offshore oil and gas decommissioning UK projects, you can check the Decommissioning Projects Index

Decommissioning a Nuclear Plant Can Cost $1 Billion and Take Decades

How Fukushima nuclear plant will be dismantled

Oil & Gas UK Decommissioning Insight 2013

Closing and Decommissioning Nuclear Power Reactors (2012)

 

Sources

Nuclear Decommissioning by Wikipedia – http://en.wikipedia.org/wiki/Nuclear_decommissioning

U.S. Environmental Protection Agency – http://www.epa.gov/

Students’ Corner – Decommissioning, by theU.S. Nuclear Regulatory Commission – http://www.nrc.gov/reading-rm/basic-ref/students/decommissioning.html

How Does Decommissioning Work? by Rigzone – http://www.rigzone.com/training/insight.asp?i_id=354

Decommissioning Nuclear Power Plants, by the Nuclear Energy Institute – http://www.nei.org/master-document-folder/backgrounders/fact-sheets/decommissioning-nuclear-energy-facilities

Staff Responses Frequently Asked Questions Concerning Decommissioning of Nuclear Power Reactors – http://www.eu-decom.be/faqs/faqs2.htm#_1_27

 

Learn more about our Critical Spares Management Solution for Utilities: Veracity Connect, collaborative platformMake electrical equipment procurement easy and efficient. Locate a matching power transformer before a failure occurs!

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