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A dynamic system apportions the energy provided by the solar panels and stored in the battery and hot water heaters to the system of 23 houses. The smart grid software dynamically updates energy supply and demand in 5 minute intervals, deciding whether to pull energy from the battery or from the panels and when to store it in the hot water heaters.
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.
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.
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 ...
However, this will require modifications to the current electrical system, and advances towards smart grid adoption in the United States have been slow. Key federal legislation driving the development of smart grid-related technology for the American electrical system includes Title XIII of the Energy Independence and Security Act of 2007 (EISA ...
The first project in this effort, titled "The IEEE Standard 2030 Guide for Smart Grid Interoperability of Energy Technology and Information Technology Operation with the Electric Power System (EPS) and End-Use Applications and Loads" established a knowledge framework for understanding and defining smart grid interoperability of the electric ...
Smart grids are an important technology in smart cities. The improved flexibility of the smart grid permits greater penetration of highly variable renewable energy sources such as solar power and wind power. [citation needed] Energy Data Management Systems (EDMS) can help to save cities energy by recording data and using it to increase ...