Smart grid is a relatively new concept that has assumed a variety of meanings and definitions. Currently, our electricity grid is considered to be “dumb.” For instance, if power goes out in a neighborhood, the local utility usually will not be aware of this until a customer calls to inform them. What the smart grid promises us is a variety of benefits. It will allow electricity users to better understand how much energy their appliances use and also when it is cheapest to use them. It will also allow home owners to have their appliances automatically respond to changes in electricity pricing. Finally, smart grid will allow electric vehicles to be smoothly integrated with the electricity grid so that they charge only when pricing and is optimal.
Although everyone enjoys the numerous benefits of electricity delivered to their home, no one likes to pay the bills. Perhaps that’s due to an intuition that energy is inherently free, or maybe we just don’t like paying bills. In fact, it’s the availability of energy that we are actually paying for, as much if not more than the energy itself. (more…)
Now, for instance, household members can be told, “That old refrigerator is costing you $148 per year more than a new, Energy Star compliant one. Have (more…)
Here’s an article that raises some interesting points about the future of smart grid. Billionaire Tom Siebel of customer relationship management fame is asserting that companies like his, whose expertise is enterprise software, are going to be the leaders in smart grid analytics, rather than the hardware giants like GE (more…)
Whenever I speak to an audience about the burgeoning opportunities in clean energy, I’m careful not to overlook the analytics segment. The global EAUA market (energy analytics and utility analytics market, meaning solar analytics, oil & gas analytics, water analytics, and waste analytics), which, according to Global Energy World, is estimated to (more…)
As I’ve written a few times in the recent past, I believe that we have the proverbial cart before the horse when it comes to smart grid. We tend to think of this concept as “futuristic,” like flying cars, when, in fact, it’s what underpins the transition the world is making right now in the direction of energy efficiency, conservation, and renewables. (more…)
Widespread adoption of electric vehicles will reduce greenhouse gas emissions significantly. Some are worried that the electric grid will be stressed leading to a decrease in its reliability. In related news today, Battelle and AeroVironment have a technology that will address this concern, and help EV’s charge when the grid is most able to support charging. (more…)