Duke Energy Is Planning $145 Billion in Critical Energy Infrastructure Upgrades Over the Next Decade

Duke

From T&D World: “Eighty-five percent of the planned investment will fund the company’s generation fleet transition and grid modernization.”

Duke is planning the critical energy infrastructure upgrades to in order to meet customer demands on affordable, reliable, and green energy. Over the next ten years in energy upgrades, Duke plans to move towards its goal of achieving zero carbon emissions by 2050.

“Our customers’ expectations are clear – they want affordability and reliability to remain a central focus as we work to achieve net-zero carbon emissions by 2050,” said Lynn Good, Duke Energy chair, president and CEO. “We look forward to continuing our collaboration with customers, regulators, community leaders and other stakeholders to meet these expectations. These critical energy infrastructure investments will also provide substantial economic benefits, including job creation and tax revenue for essential governmental services in our regions.”

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Xcel Energy Strengthens the Grid with Advanced SVCs

Static-VAR-Compensators

T&D World – Xcel Energy uses flexible static VAR compensator topology to adapt to changing network conditions in New Mexico for more stability and voltage control.

In 2010, Xcel Energy Inc. was tasked by Southwest Power Pool Inc. (SPP) to build out the transmission system in southeast New Mexico, U.S., because the oil and gas industry in the area had a growing need for electricity. Oil producers were asking to convert from expensive diesel to more affordable electricity for their pumps. The request from SPP consisted of a transmission system expansion of new 115-kV and 345-kV projects in the region. Spending had to be prioritized between 2010 and 2021 because of the sheer scale of the plan needed to successfully implement the request.

Xcel Energy addressed the plan by implementing projects classified as high priority. This plan resulted in initiating 44 new transmission projects, an investment of US$557 million. In 2016, two static VAR compensators (SVCs) — the China Draw and Roadrunner — were built in southeast New Mexico to support SPP’s request.

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Chattanooga EPB’s Gigabit Generated $2.7 Billion in Economic Benefits

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Telecompetitor – EPB of Chattanooga’s gigabit broadband infrastructure has generated $2.69 billion in economic benefits to the community during its first decade of operation, according to a gigabit economic benefits report from the Rollins College of Business at the University of Tennessee at Chattanooga. The study, which was conducted by Bento Lobo, Ph.D., head of the Department of Finance and Economics, identified five ways in which EBP of Chattanooga has benefited the community:

The infrastructure created and retained 9,516 jobs, which is about 40% of jobs created in Hamilton County during the study period.

The project kept unemployment down. This is especially true during the COVID-19 pandemic. The network enabled businesses to transition quickly to remote work. The U.S. Bureau of Labor Statistics says that the county’s unemployment rate in November 2020 was 4.7%. That’s a lower rate than the state of Tennessee overall and also lower than in the U.S. overall (5.3% and 6.7%, respectively).

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Five Reasons Remote Technology Makes Sense

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PowerMag – The case for advanced analytics and remote diagnostics: During the last 25 years significant advancements have been made in remote monitoring capabilities for power plants. A number of operations and maintenance (O&M) functions can routinely be managed remotely, and it is also becoming more common for peaking and renewable energy plants to be remotely operated reliably and safely.

Operating and maintaining a full-scale power plant remotely presents challenges that require sophisticated systems, reliable sensor and diagnostic equipment, stable high-bandwidth communication, and advanced security protocols. Even with progress made in each of these areas, some plant managers don’t foresee a scenario where remote operations will become the norm. But even in cases where there are no plans to run a generating station from a remote location, there is still a solid case for adopting remote technology.

Here are five reasons why the case for remote technology is stronger today than ever before.

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Dominion files plans with federal regulators for 2.6 GW offshore wind project, largest in US to date

Dominion-Wind-Energy

UtilityDive – Dominion Energy has filed the construction and operations plan for its 2.64 GW offshore wind project, with construction expected to start off the coast of Virginia in 2024. The anticipated filing with the Bureau of Ocean Energy Management (BOEM) was made after Dominion completed construction of a 12 MW pilot offshore wind project in Virginia — the first offshore wind turbines approved by regulators in federal waters. The company expects the BOEM review process for the largest offshore wind farm in the country announced to date to take about two years.

The offshore wind generation capacity is a large component of the utility’s clean energy plan, to meet the state’s rigid decarbonization standards in the Clean Economy Act passed earlier in 2020. Pending approval of the project by the State Corporation Commission and federal regulators, the project would provide renewable electricity to power up to 660,000 homes upon completion in 2026.

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