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As quoted in the LA Times, the Electric Power Research Institute (a utility industry think tank) estimates that the cost of building a smart grid at $165 billion. That’s $8 billion a year for two decades. PR: wait… 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.” PR: wait… The generation of electricity emits 40% of the carbon dioxide in the US. Only 20% of emissions is caused by the transportation sector. Let’s hope that a smarter grid will reduce our electricity’s CO2 generation. PR: wait… 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.” PR: wait… According to the US DOE, consumers want some pretty basic stuff from smart grid technologies: Consumers are not interested in sitting around for an hour a day to change how their house uses energy; what they will do is spend two hours per year to set their comfort, price and environmental preferences – enabling collaboration with [...] 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 [...] Definition of Line loss: Electric energy lost because of the transmission of electricity. Much of the loss is thermal in nature. Source: US DOE PR: wait… According to a US DOE report, the United States energy grid is 99.97% reliable. One of the major goals of the smart grid initiative is to increase this reliability. The US Department of Energy estimates that Smart Grid enhancements will ease congestion and increase energy utilization. This will allow utilities to send 50% to 300% more electricity through existing energy corridors. The smart grid will never arrive if investment in the US energy grid continues to decrease. Look at the declining investment dollars in the transmission infrastructure from this US DOE chart: Decreasing Investment in US Energy Transmission |
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