“A technology-enabled grid will help Oncor better serve the people who live and work in the more than 400 communities across our system. By working with CURRENT to bring broadband-over-power-line technology to Oncor’s system, Oncor is continuing to use technology to achieve its objective of industry-leading performance.”
- Oncor Press Release quoting Jim Greer, Senior Vice President of Asset Management and Engineering, Sept 19, 2007
“If we could make the electric grid even 5 percent more efficient, we would save more than 42 gigawatts of energy: the equivalent of production from 42 large coal-fired power plants. Those are plants that we would not need to build and emissions that we would not produce”
- Commissioner Wellinghof, U.S. Federal Energy Regulatory Commission testifying to U.S. Congress, May 2007 How does a Smart Grid Help the Utility, the Consumer and the Environment?
Studies have found that a Smart Grid enabled, revamped power system in the United States could:
- Increase reliability and thus save customers approximately $50 billion from a reduction in outages by 2025.
- Increase efficiency of both the utility and consumer and thus save up to 10% or more in electric usage (i.e., similar to estimated levels of generation by renewables)
- Improve the environment by reducing U.S. CO2 emissions by up to 25%.
What does a Smart Grid provide to improve reliability?
- Improved Real-Time Knowledge of Grid Status
- Prevention of Outages through Proactive Action
- Instantaneous Outage Detection including Location and Probable Cause
- Prioritization of Repairs
- Accurate Network Model
- Demand Planning
How does a Smart Grid help utilities and consumers improve the efficiency of the electric grid and thus improve the environment?
- Reduces Electricity Losses
- Informs Consumers and Enables Real-time Pricing
- Implements Wide Spread Residential and Commercial Load Shedding
- Provides Real-Time Verification of Load Shedding
- Manages Distributed Generation and Distributed Renewables
- Matches Intermittent Alternative Resources such as Solar or Wind with Demand Response
- Enables Plug-In Electric Vehicles
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