A Great Quote from SmartSync on the Smart Grid

SmartSync, a smart grid technology company, has this great quote on the smart grid:

Why A Smart Grid is Smart

A smart grid infrastructure can spot and stop energy “leaks,” optimize efficiency through better power factors and provide feedback loops that provide the right price signals to normalize energy loads during peak use. According to the Pacific [...]

Real-Time Pricing

The Smart Grid will enable real-time pricing of electricity.

Definition of real-time pricing – Energy prices that are set for a specific time period on a forward basis and which change according to price changes in the market. Prices paid for energy consumed during these periods are typically published to energy consumers in advance – (“day-ahead [...]

US DOE Five Fundamental Smart Grid Technologies #5

The US Department of Energy lists five technologies that will drive the adoption of the smart grid. The first is:

Improved interfaces and decision support, to amplify human decision-making, transforming grid operators and managers quite literally into visionaries when it come to seeing into their systems.

Source: US DOE “The Smart Grid: An Introduction.”

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US DOE Five Fundamental Smart Grid Technologies #4

The US Department of Energy lists five technologies that will drive the adoption of the smart grid. The first is:

Advanced control methods, to monitor essential components, enabling rapid diagnosis and [=-precise solutions appropriate to any event.

Source: US DOE “The Smart Grid: An Introduction.”

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US DOE Five Fundamental Smart Grid Technologies #3

The US Department of Energy lists five technologies that will drive the adoption of the smart grid. The third is:

Advanced components, to apply the latest research in superconductivity, storage, power electronics and diagnostics

Source: US DOE “The Smart Grid: An Introduction.”

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US DOE Five Fundamental Smart Grid Technologies #2

The US Department of Energy lists five technologies that will drive the adoption of the smart grid. The second is:

Sensing and measurement technologies, to support faster and more accurate response such as remote monitoring, time-of-use pricing and demand-side management.

Source: US DOE “The Smart Grid: An Introduction.”

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Smart Grid Application: Features of Next-Gen Visualization

The current state of the energy grid is sadly inadequate in the level of visibility and situational awareness. One of the most important smart grid applications will be better visibility and visualization tools. According to an article by Jesse Berst, some of the key features that will be brought to the energy grid by improved [...]

US DOE Five Fundamental Smart Grid Technologies #1

The US Department of Energy lists five technologies that will drive the adoption of the smart grid. The first is:

Integrated communications, connecting components to open architecture for real-time information and control, allowing every part of the grid to both ‘talk’ and ‘listen.’

Source: US DOE “The Smart Grid: An Introduction.”

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The Two Concepts of Electric Systems Reliability

The reliability of electric systems can be broken down into two concepts*:

Adequacy

Adequacy implies that there are sufficient generation and transmission resources installed and available to meet projected electrical demand plus reserves for contingencies.

Security

Security implies that the system will remain intact operationally (i.e., will have sufficient available operating capacity) even after outages or other equipment failure.

The [...]