A smart grid is a transactive grid.
- Lynne Kiesling
The Coming Revolution in Smart Electric Power

Via the New York Academy of Sciences, a forecast from Yu Zhang, Assistant Professor, Department of Electrical Engineering, University of California, Santa Cruz, CA:

The way we generate and consume electricity in the early 22nd century will look a lot different than the way we do it in the early 21st century. Advanced sensor capabilities and smart internet-capable devices along with high-penetration renewable energy will transform the nation’s aging power infrastructure. This is starting to happen with power companies hooking up their networks to the burgeoning “internet of things.” But that is just a precursor to a vastly more energy-efficient smart grid, where it will be common to find homes that generate much of their own power. Individual houses will have photovoltaic devices and small storage units so every home becomes an energy “prosumer,” producing electricity and selling it back to the grid. Those carbon-free and zero-energy homes will form networked microgrids, which feature a higher level of resilience if there’s ever a blackout in the main grid, they’ll be unaffected.

Power systems will be interconnected via the internet to allow consumers to optimize their electricity consumption. Dishwashers, refrigerators and electric vehicles will be automatically adjusted to real-time pricing signals. This will not only reduce energy bills, but also will significantly improve the efficiency and reliability of the whole grid.



This entry was posted on Thursday, December 29th, 2022 at 1:56 am and is filed under Uncategorized.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

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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.