Creating the Electric Grid of the Future

Research Reports International
July 1, 2009
71 Pages - SKU: RRIN2496536
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The objective in developing the Creating the Electric Grid of the Future report is to provide electric industry participants with the information they need to begin thinking about how they can participate in the transition from today’s grid to tomorrow’s. The current grid is based on technology that was invented more than one hundred years ago. It is inefficient, congested, and incapable of meeting the challenges of open access, climate change, and declining fossil fuel supply without changes in technology, operations, and financing. To meet the challenges of the future, the grid must become more decentralized, more intelligent, and more responsive to end-users. Not only will the technology involved in the electric grid change, but the entire business model of the industry will change too. This report seeks to provide a thorough understanding of what the electric grid of the future will look like, what new functionality will be enabled by it, and what activities are already taking place regarding its development and implementation.


 

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