Accelerating grid modernization with open technology and standards

AI generated summary

The power grid is facing significant challenges that traditional infrastructure development cannot address quickly enough. To meet the demands of the evolving grid, former FERC Chairman Richard Glick suggests maximizing the potential of existing infrastructure through data-driven digital optimization. Embracing open collaboration, similar to tech industry practices, can lead to innovation, improved cybersecurity, interoperability, and reduced R&D costs in the power sector.

Open source collaboration is a fundamental aspect of modern technological advancements, offering benefits like reduced R&D costs, accelerated innovation, improved interoperability, and enhanced cybersecurity. By adopting open source as a procurement and product strategy, utilities can drive industry-wide progress and mitigate risks associated with long-term investments. Real-world examples, such as TROLIE, FledgePOWER, and SEAPATH, demonstrate the successful deployment of open source solutions in utility operations, emphasizing the importance of open source in addressing modern energy challenges.