Étiqueté : smart grid

Smart grids: best practice fundamentals for a modern energy system

To help facilitate the deployment of smart grids, the World Energy Council (WEC) has put together this report to shed light on the current status of smart grids and the financing mechanisms for their development. The report aims to serve as a compendium of best practice examples of successful smart grid development in different countries (India, Japan, China, South Korea, Brazil, Europe and North America) and the factors contributing to their success with a special focus on funding mechanisms.

The smart grid, entry, and imperfect competition in electricity markets

Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. The Smart Grid is a set of emerging technologies that, among other effects, will facilitate « real-time pricing » for electricity and increase price elasticity of demand. This paper simulates the effects of this increased demand elasticity using counterfactual simulations in a structural model of the Pennsylvania-Jersey-Maryland electricity market…

Securing the Smart Grid

The book takes a look at grid security today, how it is developing and being deployed into now over 10 million households in the US alone…