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.
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.
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.
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.