$400bn the price tag for US Smart grid
Post date: Aug 13, 2009 4:57:31 PM
Smart grid requires new Profit thinking
Smart grid and Building
The Buildings standard or Green Buildings have to communicate
with the Smart grid for Load control and peak power management,
to participate in demand response systems, but the near
total lack of interoperability ?
Buildings to save $6bn/year, 10% Electricity
Rockwell Automation says industrial customers could save
$6 billion per year, or about 10 percent of their annual
cost by implementing smart grid.
Power Utilities sell less ?
Decoupling energy consumption from utility profits
only prevents a utility from losing money from energy
efficiency programs, it does not allow them to profit .
Incentives could encourage adoption of energy saving.
Exemption North Carolina
Utility regulators in North Carolina and Ohio allow
Duke Energy to earn the same rate of return for reducing
demand as it does for increasing supply. In return, Duke is
obligated to cut energy consumption
22 percent by 2025 in Ohio.
Education Training for Energy efficiency
There’s also a lack of university and professional training programs
to fill the gaping hole in HVAC engineers who can maximize
energy efficiency programs.
source: reuters.com | smartgrid.testing-blog.com