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Alltricity Network Report
Education and Upcoming Events
COMPLIMENTARY WEBINAR: Building Better Connections with Emotional Intelligence - June 13th, 2024 | 10:00-11:00 a.m. MDT (Virtual) 2024 Alltricity Scholarship Foundation Golf Tournament - June 25th, 2024 (Littleton, CO) Transmission, Substation, Power Delivery Projects Conference - June 26th-27th, 2024 (Westminster, CO) 2024 Alltricity Network Fall Convention - September 16th-18th, 2024 (Austin, TX) Alltricity Network Member Information
The association's trusted network is accessible on LinkedIn. Working side-by-side in a cooperative manner, Alltricity Network members band together for the common goal of bettering the industry and improving service for utility customers. For more than 120 years, these key principles have proven successful and, more importantly, are tried-and-true methods for building strong business relationships.
Alltricity Network Champions is a prestigious group of Alltricity Network supporters with access to useful and beneficial promotional opportunities. Thank you, 2024 Alltricity Network Champions!
Industry Information
NERC identified seven areas facing an “elevated risk” of shortfalls due to rising demand, generator retirements and unplanned outages, drought and the potential for low wind performance. Those areas include portions of Texas, California, New England and the Midwest.
Due to high barriers for newly built advanced nuclear reactors, offtake agreements with existing conventional reactors may be a more cost-effective choice for high-load customers seeking 24/7 clean power in the near term, a panel of Morgan Lewis experts said.
The growth is being driven by increased computing power associated with artificial intelligence. AI queries “require approximately ten times the electricity of traditional internet searches and the generation of original music, photos, and videos requires much more,” EPRI said.
The EIA forecasts that the natural gas consumed for electricity generation this summer in the United States will reach near the record set last year. Despite a 3% increase in overall U.S. electricity generation this summer, the EIA does not expect natural gas consumption for electricity generation to grow. Growth in electricity generation will be largely driven by increased renewable energy production.
Member Announcements
The American Public Gas Association (APGA) presented CPS Energy with the APGA System Operational Achievement Recognition (SOAR) for excellence in operating its natural gas utility. Out of approximately 750 APGA members, CPS Energy was selected for SOAR level bronze by its peers on the APGA Operations and Safety Committee.
TEP continues to rank among the most reliable electric service providers in the nation, thanks to the safe, steady service our 447,000 customers have come to expect. Since 2012, we have consistently achieved top-quartile reliability scores when compared to other energy providers, based on the System Average Interruption Duration Index (SAIDI).
White Paper
Coal phase-out is necessary to solve climate change, but can have negative impacts on workers and local communities dependent on coal for their livelihoods. Researchers have studied government plans for coal phase-out around the world and discovered that more than half of such plans include monetary compensation to affected parties.
Researchers are developing battery technologies to fight climate change in two ways, by expanding the use of renewable energy and capturing airborne carbon dioxide. Researchers recently created and tested two different formulations for batteries that store renewable energy; when the energy is later used, an electrochemical reaction converts industrial carbon dioxide emissions into a solid form that has the potential to be used in other products.
After spinning for under two years, a wind farm can offset the carbon emissions generated across its entire 30-year lifespan, when compared to thermal power plants.
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