Virtual power plants (VPP)--which combine independent resources into a network via sophisticated planning, scheduling, and bidding of DER-based services, bringing distributed generation (DG) and demand response (DR) together to provide a synergistic sharing of grid resources-- are expected to play an increasingly important role in the future of the power sector, according to Navigant Research.
More than 1.5 million advanced electric meters have been installed and nearly 500,000 modules have been installed on gas meters across DTE Energy's territory so far. By the end of 2017, nearly 3.9 million electric and gas meters will have been converted, allowing all DTE Energy customers to better manage their energy usage and bills, and enjoy other benefits from the technology.
The energy partnership between National Grid and the Buffalo Niagara Medical Campus is designed to develop integrated solutions that will drive economic growth in the Buffalo Niagara region and position all partners as global energy leaders and represents a first of its kind energy innovation between a global utility and a community-engaged medical and technology park.
Components of the project include mobile apps, an educational kiosk, unmanned aerial vehicles, a smart electric vehicle charging station, intelligent streetlights, water leak detection, smart metering technology and analytics. Together, the demonstrations show how smart grid technology is the foundation for sharing data that gives consumers and local governments actionable intelligence to make smarter decisions and benefit the community where they work and live.
Smart meters have made possible new services for customers, such as automated budget assistance and bill management tools, energy use notifications, and "smart pricing" and demand response programs. More than 43 percent of U.S. households have smart meters today, up from about 33 percent in May 2012.
Consumers Energy is accelerating its plan to provide updated electric meters to homes and businesses across Michigan. By the end of 2017-- two years earlier than scheduled originally-- 1.8 million electric meters will be updated along with 600,000 natural gas meters for customers who also have Consumers Energy electric service.
With the development of advanced metering infrastructure (AMI) and smart, two-way communicating thermostats, the technological and market limitations to demand response are being overcome.
In an effort to inform the New York State Public Service Commission's Reforming the Energy Vision (REV) proceeding, the New York State Smart Grid Consortium (NYSSGC), in partnership with member organizations, has conducted a comprehensive survey of New York residential utility customers' electricity awareness and engagement.
As electricity markets increasingly recognize the need for demand response programs to manage scheduled or emergency downtime for power plants, as well as a way to mitigate higher wholesale prices and lower overall grid costs, Transparency Market Research (TMR) reports that North America led the global smart demand response capacity market in 2013.
In response to the large number of requests for more time, we are pleased to announce that we have extended the entry period for the Fierce Innovation Awards: Energy Edition by one week. Applications will now be accepted through midnight, ET this Friday, August 29.