Imagine a world where power outages are a rare occurrence, and the energy grid is so intelligent that it can detect faults and perform remote repairs almost instantly. This is not a far-fetched dream but a tangible reality being shaped by innovations in 5G technology. Southern California Edison
South Carolina recently faced unprecedented challenges to its power infrastructure due to Hurricane Helene, a Category 4 storm that left 1.4 million homes and businesses without electricity, raising serious questions about the state's readiness for such extreme weather. One possible solution under
The electric vehicle (EV) market is expanding rapidly, driven by automakers’ efforts to make EVs more affordable and policies aiming at reducing carbon emissions. However, a significant roadblock remains: the inadequate and unreliable charging infrastructure. Electric utilities, with their
Manx Utilities has announced a significant upgrade to the Isle of Man's electric vehicle (EV) charging infrastructure. This move aims to meet the increasing demand for efficient, reliable, and convenient public charging solutions. With the growing popularity of electric vehicles on the island, this
In a significant step towards environmental sustainability, Dallas Fort Worth International Airport (DFW) is collaborating with Eaton Corporation to construct an innovative electric Central Utility Plant (eCUP). Supported partially by the Bipartisan Infrastructure Investment and Jobs Act (IIJA),
In a notable shift among major institutional investors this quarter, Comerica Bank revealed a 35.9% reduction in its holdings in the BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI). This transaction, detailed in the bank's latest SEC filing, saw the sale of 4,050 shares,
