Plus, power shutoffs in the West
Short interest in electric utility stocks has reached its highest point in eight years, according to analysis by S&P Global.
With wildfires and "excessive heat" warnings popping up in several states recently, several utilities have their work cut out for them.
Utilities and public departments across the country are using sensors and artificial intelligence (AI) tech to monitor for wildfires, and the Anchorage, Alaska is one of the latest to join the club.
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A commissioner said regulators relied on faulty auditing and "publicly maligned private citizens" in their effort to recover Winter Storm Uri costs.
Clearsight has substantially divested all of its assets to Zeitview, including a robust suite of analytic and AI capabilities in transmission, distribution, substation and generation inspection.
A fundraising effort is now underway to support the family of veteran CPS Energy lineman Clayton Kloesel, who is survived by his wife and three sons.
Three years ago, Consumers Energy started a more aggressive effort to trim trees. Now, the company identifies electrical circuits where trees and vegetation most often lead to power outages and prioritizes them - part of the effort to clear trees and limbs across high- and low-voltage power lines over seven years.
UPCOMING EVENTS
Registration is live! We are headed to Newport, Rhode Island, USA from October 28-30, 2024. New England has set ambitious clean energy goals and is well on its way to weaning off fossil fuels, but major obstacles remain along the path to 100% renewable energy, including the intermittent nature of wind and solar, lack of land for large utility-scale projects, and increasingly harsh weather.
Episode 79 of the Factor This! podcast features Michael Smith, CEO of the leading C&I virtual power plant provider CPower, who breaks down the technology behind VPPs, where the industry stands today, and the critical markets no one is looking at.
Ready to join the fun? Fill out this form to get the scoop on when registration goes live and stay in the loop for DISTRIBUTECH International 2025!
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