Me, I always thought grids and electricity were two pretty smart inventions, particularly the American electricity grid – 99.97 percent reliable. Hard to beat that. But as it turns out, maybe that can get even smarter.
Businesses lose $80 – $150 billion due to outages and power quality yearly according to industry observer Tom Cross (News – Alert). Not smart. Especially when, according to Cross, “the totle annual revenues for electrical power are approximately $330 billion,” and “the cost to build a smart grid is estimated to cost $160 billion.”
via Smart Grid.
Related posts:
- Government’s smart-meter estimate falls short by £6bn, expert claims – Times Online
- Electrifying ideas for a smart power grid | CRN Australia
- Leveraging Wireless Broadband Technology within the Smart Grid | TMCnet.com
- Obama announces electricity funding for grid modernisation — EcoGeneration — The magazine for Australia’s clean energy industry
- Smart Grid Low Tech-High Hype Electricity Gets Smart | posted on Fast Pitch
