The Smart Grid in Practice: Some Empirical Evidence

The preceding chapters documented the categories of expected benefits and opportunities of potential smart-grid development, based on particular assumptions about what the technologies might be able to deliver. In practice, the adoption of smart-grid technologies began in earnest only following the...

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Hauptverfasser:	Christopher Guo, Craig A. Bond, Anu Narayanan
Format:	Buchkapitel
Sprache:	eng
Schlagworte:	Accountancy Business Business earnings Business expenses Business operations Business revenue Business structures Capacity costs Commerce Committed fixed costs Consumers Cost estimates Cost recovery Customers Electrical grids Electricity Electromagnetism Empirical evidence Empiricism Energy Energy industry Energy infrastructure Epistemology Financial accounting Fixed costs Fundamental forces Human populations Industrial sectors Industry Manufacturing industries Occupancy costs Persons Philosophy Physical sciences Physics Population studies Purchasing Smart grids Social sciences Utilities costs
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Beschreibung
Zusammenfassung:	The preceding chapters documented the categories of expected benefits and opportunities of potential smart-grid development, based on particular assumptions about what the technologies might be able to deliver. In practice, the adoption of smart-grid technologies began in earnest only following the passage of the ARRA. The legislation authorized federal investments totaling $4.5 billion to utilities nationwide to further their smart-grid projects as part of the SGIG program, with $5.5 billion in matching funds from utilities and customers (Joskow, 2012).¹ Ninety-nine SGIG projects involving more than 200 utilities and other organizations were funded, with implementation focusing in large part on AMI