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Creating the Electric Grid of the Future

Published by: Research Reports International

Published: Jul. 1, 2009 - 71 Pages


Table of Contents


Acronyms and Abbreviations

Introduction

Overview of the Electric Grid of the Future

Key Technologies Needed to Construct the Electric Grid of the Future

Smart Meters

Two-way Communications Networks

Meter Data Management Systems

Energy Management and Control Technology

Distribution/Substation Automation Technology

Capabilities Enabled by the Electric Grid of the Future

Dynamic Pricing

Real-Time Feedback

Demand Response

Microgrids

Electric Vehicles

Key Players in the Electric Grid of the Future

Accenture

Cisco Systems

Comverge

CPower

Echelon

Ecologic Analytics

eMeter

EnerNOC

GridPoint

IBM

Itron

S&C Electric

Silver Spring Networks

SmartSynch

Tendril Networks

Trilliant

Abstract

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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