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The smart grid market in China is estimated to be $22.3 billion with a projected growth to $61.4 billion by 2015. Honeywell is developing a demand response pilot and feasibility study for China with the State Grid Corp. of China using the OpenADR demand response standard.
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.
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 ...
Demand-side management was introduced publicly by Electric Power Research Institute (EPRI) in the 1980s. [8] Nowadays, DSM technologies become increasingly feasible due to the integration of information and communications technology and the power system, new terms such as integrated demand-side management (IDSM), or smart grid. [9] [10]
Research is mainly focused on three systems of a smart grid – the infrastructure system, the management system, and the protection system. [42] Electronic power conditioning and control of the production and distribution of electricity are important aspects of the smart grid. [43] The smart grid represents the full suite of current and ...
Intended to disseminate smart grid research results on energy generation, transmission, distribution and delivery, IEEE Transactions on Smart Grid offers original research on smart grid theories, technologies, design, policies, and implementation. It also accepts manuscripts on smart grid design and implementation, and evaluation of energy ...
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.
A concept of a super grid. The geopolitical impact of the growing use of renewable energy is a subject of ongoing debate and research. [229] Many fossil-fuel producing countries, such as Qatar, Russia, Saudi Arabia and Norway, are currently able to exert diplomatic or geopolitical influence as a result of their oil wealth. Most of these ...