A smart grid is a transactive grid.
- Lynne Kiesling
The Old Model Isn’t Working: Creating The Energy Utility For The 21st Century

Via Smart Grid News, an interesting article that the American Council for an Energy-Efficient Economy (ACEEE) is urging U.S. regulators to toss out the “traditional” utility business model and create energy services firms instead. These new-breed utilities would be rewarded for helping their customers become more energy efficient.

“What we need to do is flip the century-old model on its head and change the financial motivations for utilities from selling energy and building power plants to helping customers use energy more efficiently,” said Marty Kushler, an ACEEE fellow.

Hmm…would this include making the smart grid transactive, as well?



This entry was posted on Tuesday, September 20th, 2011 at 7:51 am and is filed under Uncategorized.  You can follow any responses to this entry through the RSS 2.0 feed.  You can leave a response, or trackback from your own site. 

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About This Blog And Its Authors
Grid Unlocked is powered by two eco-preneurs who analyze and reference articles, reports, and interviews that can help unlock the nascent, complex and expanding linkages between smart meters, smart grids, and above all: smart markets.

Based on decades of experience and interest in conservation, Monty Simus believes that a truly “smart” grid must be a “transactive” grid, unshackled from its current status as a so-called “natural monopoly.”

In short, an unlocked grid must adopt and harness the power of markets to incentivize individual users, linked to each other on a large scale, who change consumptive behavior in creative ways that drive efficiency and bring equity to use of the planet's finite and increasingly scarce resources.