May 5, 2024, 5:53 a.m.
1277

None

Brief news summary

Despite the potential for innovative clean energy sources to be commercialized, there is still a major issue with outdated and overwhelmed power grids. Scott Strazik, CEO of GE Vernova, emphasizes the need to modernize the grid. Fortunately, a variety of "grid-enhancing technologies" (GETs) are now available that can increase capacity without extensive grid expansions. Utilities are also becoming more open to embracing innovation, moving away from their traditional resistance.

Even if new, innovative sources of clean energy are eventually brought into the commercial market, we still face the challenge of an outdated, overburdened, and inefficient power grid in the interim. Scott Strazik, the CEO of GE Vernova, a prominent energy technology company that recently separated from GE, aptly describes the situation by stating, "The grid's intelligence needs an upgrade. " Fortunately, there are a variety of "grid-enhancing technologies" (GETs) available on the market that can increase capacity without the need for extensive grid expansions.

These technologies are now ready for widespread implementation, thanks to utilities overcoming cultural and regulatory resistance to innovation and finally giving them a chance.


Watch video about

None

Try our premium solution and start getting clients — at no cost to you

I'm your Content Creator.
Let’s make a post or video and publish it on any social media — ready?

Language

Hot news

Dec. 15, 2025, 1:26 p.m.

AI Drives Record $336.6B Cyber Week Sales, Salesf…

Salesforce’s analysis of the 2025 Cyber Week shopping period reveals record global retail sales totaling $336.6 billion, marking a 7% increase from the previous year.

Dec. 15, 2025, 1:24 p.m.

AI Extinction Risks: Musk and Amodei Warn of 10-2…

The rapid advancement of artificial intelligence (AI) has sparked significant debate and concern among experts, particularly about its long-term impact on humanity.

Dec. 15, 2025, 1:21 p.m.

Get In Before Wall Street Does: This AI Marketing…

This is sponsored content; Barchart does not endorse the websites or products mentioned below.

Dec. 15, 2025, 1:16 p.m.

Google DeepMind's AlphaCode: AI Competes in Progr…

Google's DeepMind has recently unveiled an innovative AI system called AlphaCode, representing a major leap forward in artificial intelligence and software development.

Dec. 15, 2025, 1:15 p.m.

Well-Known SEO Explains Why AI Agents Are Coming …

I’m closely monitoring the emergence of agentic SEO, convinced that as capabilities advance over the next few years, agents will significantly influence the industry.

Dec. 15, 2025, 1:10 p.m.

Salesforce’s Peter Lington on preparing defense d…

Peter Lington, Area Vice President at Salesforce’s Department of War, highlights the transformative effects that advanced technologies will have on the Department of War within the next three to five years.

Dec. 15, 2025, 9:35 a.m.

Sprout Social's Strategic Position in the Evolvin…

Sprout Social has firmly established itself as a leading player in the social media management industry by embracing advanced AI technology and forging strategic partnerships that foster innovation and enhance service offerings.

All news

AI Company

Launch your AI-powered team to automate Marketing, Sales & Growth

and get clients on autopilot — from social media and search engines. No ads needed

Begin getting your first leads today