The electric industry is good at building things. That’s how it solves problems. Is there a threat of blackouts? Develop a new natural gas-fired plant. Worried about climate change? Build wind and solar power. Does electricity cost too much? Install a transmission line to import cheaper power. (more…)
One of the most promising aspects of energy storage is that it’s used to make an existing system more efficient. If you think of the grid as the system, then energy storage can help make generation, transmission, distribution, and even customer energy use more efficient.
How many different systems are there? The grid is the (more…)
Massachusetts Institute of Technology (MIT) researchers recently released a study examining the future of the U.S. electric grid. MIT concluded that developing a modern grid through the anticipation of needed improvements can facilitate the integration of renewable energy resources, accommodate a growing number of electric vehicles, (more…)
According to the U.S. Department of Energy (DOE), what Pike Research defines as a “remote microgrid” is not a microgrid. The DOE defines a microgrid as a distribution system connected to a larger utility grid, with its defining characteristic being the ability to disconnect (seamlessly) and then operate in islanding mode. (more…)
At the IBM Smarter Cities forum in Rio de Janeiro last week, I had the chance to go behind the scenes and take a first-hand look at Rio’s smart city project. My main impression is that the project represents one of the purest emerging examples of a smart city project that is simultaneously developing smart solutions on (more…)
Dynamic pricing for electricity has long been the holy grail of the smart grid, particularly for smart metering. The rationale is that if the retail price of electricity actually reflected the true time-based costs instead of a blurred monthly average, then consumers would become more efficient buyers, benefiting themselves, (more…)
The numbers surrounding urbanization worldwide are staggering. In 2008, the number of people living in cities, for the first time in civilization, surpassed the number of people living in rural settings. Although urbanization is happening on every continent, the story could not be more dramatic in (more…)