Flexible prices make markets hum,
but discounts discriminate when monopolies rule.
Many expect that the electricity industry is moving inexorably toward a much-publicized "new...
they will approve applications to recover prudently incurred costs necessary to further safeguard the reliability and security of our energy supply infrastructure in response to the heightened state of alert." This gives utilities the incentive and funding to improve their overall T&D information and management system. However, without the ability to collect, analyze, and correlate the more advanced non-operational substation data, these systems will fall short of meeting their goals to improve reliability and reduce costs.
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A near-time view of system stability, how it is changing, and actions and resources available to improve stability if needed. Executives will be aware of deteriorating system reliability and whether there are opportunities that are available to avoid an outage or catastrophic failure. Opportunities include available energy to be purchased or out-of-service transmission assets that can be restored.
A hierarchy of what equipment requires maintenance based upon the impact of its failure and cost or maintenance.
A roadmap of system improvements based upon projected reliability and congestion problems.
Executive level interface describing the operation in terms of capacity and opportunities of improving system performance.