2. WHAT IS SMART GRID?
An intelligent electricity- delivery system:
energy suppliers and consumers: interconnect through a network
Smart meters:
are installed at homes and business
monitor energy consumption
transmit that information back to energy providers
Energy providers :
track energy consumption
automatically throttle down energy consumption on a granular level
when demand gets too high.
3. WHO ARE USING SMART GRID?
Individual consumers
Corporate participation
Government regulators
4. HOW SMART GRID IS USED?
Foster communication between the energy company
and the end consumer
Electricity is sent from:
Allows energy companies to track areas of high use,
identify possible outages, and provide the proper
service.
5. ADVANTAGES OF SMART GRID
Reduces the cost of blackouts $$$
Helps measure and reduce energy consumption and
costs
Helps businesses reduce their carbon footprint
Opens up new opportunities for tech
companies meaning more jobs created!!!
6. DISADVANTAGES OF SMART GRID
Biggest concern: security and privacy
Smart Grid: use
automated meters,
two-way communications: between a power consumer and
provider
and advanced sensors
Some types of meters can be hacked
Hacker:
gain control of thousands, even millions, of meters
increase or decrease the demand for power
7. DISADVANTAGES (cont.)
Not simply a single component
Various technology components:
software, the power generators, system integrators, etc.
Expensive for consumer: $60 per month
8. WHAT WILL HAPPEN?
Fastest growing business in the Green-Tech market
Was included in Obama’s stimulus bill
U.S. Congress “act without delay”
Very few companies invest and utilize: Austin Energy
(Texas) and Pacific Gas & Electric (California)
9. SMART GRID FUTURE
In the near future, will not be any vast
development
Risky because of financial demands and
regulations
In the long-run, attitudes will change, wide spread
usage of the smart grid from every business to
every home just like the Internet
