Tuesday, July 28, 2009

Accelerating smart grid investments

Source: World Economic Forum
"The smart grid will enhance the way that utility companies manage assets and offer consumer-relevant products and services, how consumers interact with their energy supply, and how governments respond to the challenge of maintaining security of supply and reducing carbon levels while managing costs of energy delivery. However, a number of factors are holding back this transition and may ultimately act as a limiting factor to the broader drive to reduce greenhouse gas emissions. This paper seeks to define smart grids and present a recommended design philosophy, identify the barriers to adoption and, finally, suggest potential strategies to address the challenges."