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The post The POWER Podcast appeared first on POWER Magazine.
Tennessee Valley Authority (TVA) CEO Bill Johnson in an exclusive interview with POWER suggested that the power industry continues to face an uncertain future. Johnson said that during his 40-year career, he has seen more change in the last five years than in the previous 35 combined. Several indicators imply that will continue going forward.
According to Johnson, one thing driving change is declining demand for power, which has resulted from efficiency improvements, a shift toward a more-service-oriented economy, and lower population growth, among other things. Johnson said customers are interested in cleaner, more-flexible sources of power and information. The challenge for utilities is to figure out how to integrate new behind-the-meter resources after having focused for so long on big centralized power stations.
Other power industry changes include a shift away from coal-fired generation. Johnson said TVA generated about 60% of its energy from coal 10 years ago, but by the end of the decade that figure will be down to only 20%.…
Cybersecurity threats have increased dramatically as sophisticated, nation-state developed hacking programs have been leaked to the general public. Now, common criminals have high-tech tools at their disposal with the capability to cause serious damage. As such, the power industry must take precautions and upgrade security to keep systems safe. While regulations provide a minimum security standard, companies that aren’t going above and beyond the government’s requirements are likely to be setting themselves up as “low-hanging fruit,” that is, easy targets for hackers.
In this episode of The POWER Podcast, Chris Grove, director of industrial security for Indegy, offers some tips for keeping bad actors out of power plants. Gaining visibility into systems is an important first step. Once companies understand what risks they’re exposed to, getting a broad-based team of both information technology (IT) and operational technology (OT) experts involved to develop solutions to mitigate the risks is a logical subsequent step. Investing in good security can pay dividends in the end.…
The budget bill passed by Congress and signed by President Trump in the early hours of February 9 extends a host of tax credits for energy technologies, including provisions to help the Vogtle nuclear expansion in Georgia as well as U.S. carbon-capture projects.
The legislation also provides support for renewable energy, including for small wind turbines and geothermal pumps. It also gave five-year tax credit extensions to small natural gas technologies, including combined heat-and-power (CHP) and microturbines, along with fuel cells.
The Senate version of the bill reportedly included proposals to boost offshore wind energy, energy storage, waste heat to power, and large-scale geothermal generation projects. None of those efforts survived in the House and are not included in the final legislation.
The bill also includes $ 2 billion to help with rebuilding the electricity grid in Puerto Rico, where about 30% of the island remains without power after hurricanes Irma and Maria battered the Caribbean last September. Those funds are part of $ 89 billion in disaster funding for U.S.…
In early 1882, U.S. industry was still heavily dependent on the water wheel, and many housewives cooked on wood-burning stoves. Power was made where it was used because there was no effective means of transmitting energy long distances. But 1882 was a year of dramatic changes. The world was just beginning to grasp the implications of a new, incredibly versatile form of energy—electricity.
POWER magazine was launched that year, not too long after introduction of the first practical steam engine by James Watt in England. The steam engine enabled development of industries based on mechanical—rather than human or animal—energy. Soon, just about every manufacturing plant had its own steam-engine power plant. During this paradigm-shifting period, POWER participated in the development of the engines that powered the Industrial Revolution.
From the beginning, POWER had to keep editorial pace with a fast-developing technology and a market strongly influenced by the fantastic economic growth of the post–Civil War period. New products and scientific advances proliferated, and the magazine’s pages reflected the changing world around it.…
Cybersecurity is a topic covered frequently in the pages of POWER magazine, and one that all power plants need to take seriously. A recent simulation proved that the consequences of a hack can be grave.
The drill took place in Sweden, but could have been conducted anywhere in the world. The attack used plant control systems against themselves to flood a cooling system, showing that hacking of computer systems can lead to physical plant damage.
Some experts, including Robert M. Lee, founder of cybersecurity firm Dragos, believe cyber incidents go underreported in the nuclear sector. The reason is that the Nuclear Regulatory Commission only requires the reporting of incidents that affect the safety, security functions, or emergency preparedness of the plant.
Although air-gapping systems, that is, keeping them disconnected from the internet, offers some protection, it is not the complete answer. Viruses, such as Stuxnet, have proven that systems can be infiltrated using USB drives, contractor laptops, or through a host of other seemingly innocuous methods.…