ABB recently unveiled its first energy storage project and opened a new product development center in Connecticut. Cloud computing and robotics are additional endeavors for the ever evolving firm.
Xcel Energy provides electricity and natural gas service to millions of customers in Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, Texas and New Mexico.
The energy sector has become a primary target for cyberattacks. This means that besides the ongoing transformation to smart grids there is, in parallel, an increased need for cyberdefense. However, deploying a smart grid without suitable cybersecurity might result in serious consequences; such as grid instability, utility fraud, the loss of user information – which would be a serious GDPR breach in Europe – or, in the worst case, could result in fatalities (if smart homes lose power in the middle of the winter and people get hurt by the cold).