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According to the United States Department of Energy, “Since 1982, growth in peak demand for electricity – driven by population growth, bigger houses, bigger TVs, more air conditioners and more computers – has exceeded transmission growth by almost 25% every year.” Source: The US DOE report, “The Smart Grid: An Introduction.” Will a smart grid apps help reduce the growth [...] Despite the US energy grid’s reliability rating of 99.97%, outages and interruptions cost Americans over $500 billion per year. Source: US DOE report, “The Smart Grid: An Introduction.” The major advantages of the Smart Grid, v.s. the current “dumb” grid infrastructure are listed in the US DOE’s “The SMART GRID: an introduction” are pretty [...] Given the fact that it is such a regulated industry, it’s no surprise that investment in R&D by the US electricity industry has been under 2% of revenues, vs. over 15% for healthcare. But lower than the “stone, clay and glass” industry? Wow!Source: US DOE’s “The Smart Grid: An Introduction” What will happen to energy investment [...] In the short term, a smarter grid will function more efficiently, enabling it to deliver the level of service we’ve come to expect more affordably in an era of rising costs, while also offering considerable societal benefits – such as less impact on our environment. Learn more about the Smart Grid from the U.S. Department of Energy The US DOE has an introduction to the smart grid. This helpful PDF file has basic information on the grid and how technology is adding intelligence to the US energy network. |
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