29. June 2016 · Comments Off on Record Enrollment in ComEd’s Smart Meter-Enabled Savings Program · Categories: News · Tags: , , ,

When it gets hot this summer, nearly 160,000 ComEd customers enrolled in Peak Time Savings Program can power down to save cash

CHICAGO–(BUSINESS WIRE)–The beginning of June marks the start of summer savings for ComEd customers who signed up for the smart meter-enabled Peak Time Savings program. This year nearly 160,000 ComEd customers are taking advantage of Peak Time Savings – record enrollment since the program began in 2014 – and from June 1 through September 30, program participants who voluntarily reduce energy usage during the Peak Time Savings hours will earn credits that appear in the form of dollars off on their next electric bill.

During the summer of 2016, ComEd will announce Peak Time Savings Hours on days when electricity is most in demand. Peak Time Savings Hours will typically occur for a few hours between 11 a.m. and 7 p.m. on three to five days during the summer. There is no penalty for not participating and customers can still participate in future Peak Time Savings Hours.

More than 52,000 customers saved $385,000 in just a few short hours last summer by reducing their electricity usage during high electric demand periods. ComEd is the first utility in the Midwest to offer this program to customers whose homes have been fitted with a smart meter.

“The Peak Time Savings program is another way our smart meter technology is bringing value to our customers,” said Val Jensen, senior vice president of Customer Operations, ComEd. “Smart meters are at the heart of what we believe will become the electricity network of the future and we will continue to use smart grid technology as a platform to explore innovative solutions to provide customers with reliable electric service and more options on managing their electricity use and costs.”

Source: Record Enrollment in ComEd’s Smart Meter-Enabled Savings Program | Business Wire

29. June 2016 · Comments Off on National Grid adopts IoT-centric approach to energy management · Categories: Blog, News · Tags: ,

National Grid is launching its ConnectedSolutions platform, allowing customers to connect and manage their smart thermostats and other home devices to improve energy savings and comfort while allowing National Grid to alleviate peak load demand.

The energy platform will allow customers in Massachusetts and Rhode Island to conveniently reduce energy use in the summer, when energy demand is high, reducing energy use during periods of peak demand (reducing regional energy costs), protecting the environment by lowering emissions, and supporting state and local energy initiatives.

Source: National Grid adopts IoT-centric approach to energy management – SmartGridNews

30. March 2016 · Comments Off on No more grid-lock: More turning to renewable energy sources for power · Categories: News · Tags: , , , ,

“Going off the grid” was once an expression that brought to mind hippies, survivalists and others on the fringes of society looking for a life without the intrusions of government and big business.

Today, though, advances in technology and concerns with the age and condition of the nation’s electrical production and distribution network are making it increasingly popular to avoid “the grid” through the growing use of renewable energy sources such as the sun and wind, even in government and big business.

Source: No more grid-lock: More turning to renewable energy sources for power

27. March 2016 · Comments Off on Is the Electrical Grid Keeping Up with Smart Solar Inverters?  · Categories: News · Tags: , , , ,

Within the fast-growing solar-energy market, solar-inverter suppliers must keep pace with electronic technology advances in order to deliver more efficient and reliable parts at a lower cost. Inverter efficiency indicates the percentage of the available solar power that’s actually converted by the inverter and fed into the utility grid; some smart inverters reach a total efficiency of 98%. To achieve high efficiency, it’s important to design the inverters using the most reliable components from power semiconductors (MOSFETs and/or IGBTs), capacitors (electrolytic capacitors, high-capacity film capacitors), transformers, cooling systems, etc.

Source: Is the Electrical Grid Keeping Up with Smart Solar Inverters? | Power content from Electronic Design

01. March 2016 · Comments Off on Maturing: Utilities transforming energy storage from threat to opportunity · Categories: News · Tags: , , , ,

While cost-effective advanced energy storage technologies are providing utilities and grid operators new tools to improve system reliability and lower costs, these systems also present risks as relatively new technologies are integrated into existing networks.

Source: Maturing: Utilities transforming energy storage from threat to opportunity – SmartGridNews