Smart-Grid Strategy: Quantifying Benefits

Deck: 

Modeling the value of various technologies and applications.

Fortnightly Magazine - July 2009
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As the momentum to upgrade America’s aging electric grid continues to build, more power companies are announcing initiatives and partnerships that will lay the groundwork for their involvement in the development of the smart grid (SG). In order to stay ahead of the curve and the competition, companies are struggling to define, quantify, and strategize for the deployment of SG technologies in their service areas.

Defining the SG involves not only identifying the component technologies, but also understanding their power to transform the entire electric industry business model. This power to transform is tied to their potential for achieving significant cost reductions, decreased energy consumption, increased reliability, lower carbon emissions, and improved quality of service.

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