26. June 2017 · Comments Off on Growing Smart Meter Technologies to Improve Smart Grid Capability · Categories: News · Tags: , , , ,

The introduction of smart grid has significantly transformed transmission and distribution system in electrical grid. Smart grid has been constantly instrumental in increasing the operational efficiencies of utility providers, reduce transmission and distribution losses, and improve interoperability of various components involved in the managing of an electric grid. The advent of distributed generation of energy and the increasing deployment on renewable power generation have boosted the smart grid market. Concerted efforts by utility providers to incorporate substation automation are offering a constant impetus to the adoption of smart grid technologies. An ageing grid infrastructure has led governments of several developing and developed countries to take sustained initiatives to modernize electric grid.

Source: Growing Smart Meter Technologies to Improve Smart Grid Capability

25. January 2016 · Comments Off on The Internet of Things in the electric power industry  · Categories: News · Tags: , , , ,

In 1882, Thomas Edison opened the first commercial central power station in lower Manhattan, serving a one-quarter-square-mile area, and launching urban electrification.1 New companies arose to help develop large regional and then a national electric grid, providing the reliable power needed to unleash waves of innovation. An ever-growing demand for electricity fueled the construction of the largest machine ever built and one of the greatest engineering achievements of the 20th century: the US electric system.2 Today, most Americans take reliable, affordable power for granted, never having known a time without it. But the assumptions and models underpinning that reliable, affordable power are shifting. Historically, utilities have been able to invest heavily in generation and delivery infrastructure because steady growth in demand maintained affordable prices for customers and yielded reasonable returns. However, increased efficiency, conservation efforts, and alternative power sources have eroded demand growth from about 7 percent annually (1949 to 1973) to about 2.5 percent (1974 to 2013);3 the projected growth from now until 2040 is less than 1 percent.4 This level of growth is no longer enough to maintain the current system without raising rates. Yet, tighter emission regulations, greater reliability expectations, and the aging transmission and distribution system require more than maintenance; they need expensive upgrades and replacements. The most straightforward response—raising rates—is not always attractive, as both utilities and their regulators are charged with keeping rates affordable, and higher rates increase the competitiveness of alternatives to utility-provided power.5 The industry, then, must look beyond its traditional cost-of-service model6 and focus on asset utilization and streamlining costs through operating efficiencies. Technology, particularly Internet of Things (IoT) applications, offers a range of possibilities for how electric utilities can move forward. IoT can improve the efficiency and performance of the power grid in three phases: first, by gathering data from sensors to improve the resilience of the grid; then through enablement, where utilities use that data to actively manage resources; and finally, optimization, where all stakeholders are able to make informed decisions about power usage and generation. Through these three phases, IoT offers some indications of how utilities can not only survive, but thrive, in this new competitive environment.

Source: The Internet of Things in the electric power industry | Deloitte University Press

03. December 2015 · Comments Off on Working together: Advanced prototype to connect solar, storage, backup and the grid  · Categories: News · Tags: , , , ,

Concurrent Design, Inc., working with support from Pecan Street Inc., has received a one-year, $1 million cooperative award from the U.S. Department of Energy SunShot Initiative to develop an advanced prototype of Energy Switch — a home energy device that manages the flow of electricity between a home, the home’s solar panels, an on-site battery, back-up generation, and the electric grid.

Source: Working together: Advanced prototype to connect solar, storage, backup and the grid – SmartGridNews

20. November 2015 · Comments Off on Working together: Advanced prototype to connect solar, storage, backup and the grid  · Categories: News · Tags: , , , ,

Concurrent Design, Inc., working with support from Pecan Street Inc., has received a one-year, $1 million cooperative award from the U.S. Department of Energy SunShot Initiative to develop an advanced prototype of Energy Switch — a home energy device that manages the flow of electricity between a home, the home’s solar panels, an on-site battery, back-up generation, and the electric grid.

Source: Working together: Advanced prototype to connect solar, storage, backup and the grid – SmartGridNews

02. November 2015 · Comments Off on Next-gen Engineering Algorithms Help Protect Evolving Smart Grid · Categories: News · Tags: , , ,

The physical infrastructure of the U.S. electric grid is aging, overburdened and vulnerable to natural hazards.That’s not the bad news.The bad news is that efforts to solve these issues have opened the door to new vulnerabilities.

Source: Next-gen Engineering Algorithms Help Protect Evolving Smart Grid