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The first official definition of Smart Grid was provided by the Energy Independence and Security Act of 2007 (EISA-2007), which was approved by the US Congress in January 2007, and signed to law by President George W. Bush in December 2007. Title XIII of this bill provides a description, with ten characteristics, that can be considered a ...
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]
Smart grid applications increase the opportunities for demand response by providing real time data to producers and consumers, but the economic and environmental incentives remain the driving force behind the practice. One of the most important means of demand response in the future smart grids is electric vehicles.
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 improved flexibility of the smart grid permits greater penetration of highly variable renewable energy sources such as solar power and wind power, even without the addition of energy storage. Smart grids could also monitor/control residential devices that are noncritical during periods of peak power consumption, and return their function ...
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]
A large scale deployment of distributed generation may affect grid-wide functions such as frequency control and allocation of reserves. [50] As a result, smart grid functions, virtual power plants [51] [52] [53] and grid energy storage such as power to gas stations are added to the grid. Conflicts occur between utilities and resource managing ...