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The smart grid represents the full suite of current and proposed responses to the challenges of electricity supply. Numerous contributions to the overall improvement of energy infrastructure efficiency are anticipated from the deployment of smart grid technology, in particular including demand-side management.
The term smart grid is most commonly defined as an electric grid that has been digitized to enable two way communication between producers and consumers. [1] The objective of the smart grid is to update electricity infrastructure to include more advanced communication, control, and sensory technology with the hope of increasing communication between consumers and energy producers.
Logo. Smarter Planet is a corporate initiative of the information technology company IBM. [1] The initiative was formed to encourage the ideas of business, government, and civil society leaders worldwide towards their path of achieving economic growth, near-term efficiency, sustainable development, and societal progress.
Support for the smart grid in the United States became federal policy with passage of the Energy Independence and Security Act of 2007. [1] The law set out $100 million in funding per fiscal year from 2008 to 2012, established a matching program to states, utilities and consumers to build smart grid capabilities, and created a Grid Modernization Commission to assess the benefits of demand ...
The purpose of the Smart Grid task force is to undertake research and development about the smart grid, developing relevant standards and protocols, defining the relationship between smart grid technologies and practices and current electric utility regulation, as well as researching the development of smart grid infrastructure. [14]
In grid models with high VRE share, the excessive cost of storage tends to dominate the costs of the whole grid – for example, in California alone 80% share of VRE would require 9.6 TWh of storage but 100% would require 36.3 TWh. According to another study, supplying 80% of US demand from VRE would require a smart grid covering the whole ...
The European Technology Platform (ETP) for the Electricity Networks of the Future (SmartGrids) is a European Commission initiative that aims at boosting the competitive situation of the European Union in the field of electricity networks, especially smart power grids. The ETP represents all European stakeholders.
In August 2011, the journal's "Protecting Smart Grid Automation Systems Against Cyberattacks," authored by IEEE members Dong Wei and Yan Lu became the three millionth document in IEEE Xplore, IEEE's extensive digital library. [38] Mohammad Shahidehpour is the current Editor-in-Chief of IEEE Transactions on Smart Grid. [37]