The adoption of smart grid is contributing to the growth of the global smart housing market and the availability of self-help smart home applications, according to Infinity Research.
"There's never a good time to raise prices -- but we are obligated to serve our customers with electricity when and where they need it," said Stan Connally, Gulf Power president and CEO.
Over the next decade, smart grid infrastructure investment by 45 emerging market countries, including Brazil, Russia, India, China and South Africa, will reach $274.9 billion -- outpacing even developed countries.
By the end of the third quarter of 2013, work related to its smart grid program had resulted in nearly 3,000 full-time equivalent jobs, according to ComEd, including more than 900 direct full-time equivalent jobs at the utility and its contractors and more than 1,900 induced full-time equivalent positions.
The Smart Grid Research Consortium (SGRC) today announced the completion of a study of risks and rewards associated with new programmable communicating thermostat technologies and programs at electric cooperatives, municipal and public utilities.
Duke Energy is working alongside South Carolina Electric and Gas (SCE&G) and Clemson University (CU) to deliver new grid technologies to the industry. The world's most-advanced energy systems testing and research center supported by a $3.5 million gift from SCE&G and recently named the SCE&G Energy Innovation Center, marks the beginning of groundbreaking research, education and innovation at the Clemson University Restoration Institute (CURI) campus. Duke is contributing $5 million to help fund laboratory infrastructure and educational program development and fund a Smart Grid Technology Endowed Chair.
HVDC allows interconnection of regional systems that operate asynchronously, which mitigates many instability issues that otherwise would cause outages in AC transmission. Although AC transmission still dominates, concerns over the limited capability of classic HVDC transmission are beginning to dissipate.
"This is an excellent opportunity to advance our vision for New York, and I am eager to learn and work with these pioneering energy providers and smart grid experts to share innovative ideas and best practices to ensure a reliable, resilient, and flexible smart grid for New York State."
Oklahoma Gas & Electric's (OG&E) smart grid project has been recognized as the "world's highest ranked" by international energy think-tank VaasaETT. Out of 200 global smart grid projects, the Finland-based organization found OG&E's "Positive Energy" smart grid project had the most merit based on technical criteria and achievement milestones.
The Smart Cities Council has released what it calls "the first comprehensive, vendor-neutral smart city handbook for city leaders and planners" to enable city leaders to assess their current state of technology and its readiness to lead to a smart city.
In this interview, FierceSmartGrid Editor Barbara Vergetis Lundin caught up with Bill Ash to discuss how the consumer impacts the smart grid. Ash talks about the end of first generation smart grid roll outs gets into the consumers' psyche. In addition to his role as strategic technology program director at the IEEE Standards Association, Ash leads the IEEE-SA's smart grid efforts and coordinates the Association's activities internally and externally.
One of the biggest energy cost centers in any given city is often the street light network. But imagine a city where the street lights are not only cost- and energy-efficient, but serve as a mini-energy grid and one of the key building blocks for a smart city.
Regulators in California are becoming more involved in the future of electric vehicles (EV), while those in New York are taking a major step back.
The California Independent System Operator Corporation (ISO) has selected Pacific Gas and Electric Company (PG&E), MidAmerican Transmission, LLC (MidAmerican Transmission) and non-profit Citizens Energy Corporation (Citizens Energy) to develop, own and operate a new transmission line in the Central Valley.
Cyber and physical threats are constantly evolving and require quick action and flexibility that comes from constant vigilance and collaboration between government and industry. Reviewing the security response to the grid's critical components during a disruptive, coordinated attack on the grid in a simulated exercise helps the industry make the electric system more secure.
Utilities need billing and customer information systems (CIS) to meet the needs of these more complex relationships; however, those systems are facing a number of significant barriers to adoption.
Smart Grid Today has named 50 Smart Grid Pioneers of 2013, including many utility executives, regulators and political figures working on smart grid solutions to electricity challenges globally.
IOUs have a large stake in the standards formation process and need a voice at the table to make certain their use cases are adequately addressed. Clearly, the standards that are outputs of SGIP will have a profound impact on how the smart grid will evolve, and again, IOUs have significant interest in ensuring that appropriate standards are selected. As a community, we will have to live with these standards into the future.
The number of new smart home installations in North America is on track to reach 2.3 million in 2013 -- an increase of 66 percent year-on-year, according to Berg Insight. The strong growth is expected to last years, driving the number of new installations each year to 12.8 million by 2017. As a result, penetration of smart home systems in North American households will increase from just 3.2 percent at the end of 2013 to 16.6 percent in 2017.
More consumers are willing to pay extra to invest in and support alternative energy than to improve reliability. That is according new nationwide research from the Smart Grid Consumer Collaborative (SGCC) conducted by Market Strategies International. Specifically, the research determined that more than 60 percent of consumers are willing to pay an extra $2, $5 or $15 a month to support deployment of alternative energy, but less than 60 percent were willing to pay those amounts to improve reliability.