Smart Grids Explained

Smart Grids Explained

Male Speaker: Electricity is fundamental
to modern society and the economy. However, most of the world relies
on electricity systems built around 50 years ago. These are inefficient and cannot offer
an appropriate response to today’s urgent global challenges. There is an estimated $13 trillion
investment required in energy infrastructure over the next 20 years. This poses an imminent need and opportunity
to shift towards a low-carbon, efficient, and clean energy system.
Smart grids will be a necessary enabler of this transition. What is a smart grid? A smart grid is an intelligent, digitized
energy network delivering electricity in an optimal way from source to consumption. This is achieved by integrating
information, telecommunication, and power technologies with the existing
electricity system. The benefits of a smart grid include
improved efficiency and reliability of the electricity supply, integration of more
renewable energy into existing networks, supporting the development of electric
vehicles at scale, new solutions for customers to optimize their electricity
consumption, reduction of carbon emissions. John Krenicki: Smart grid is not
just about improving the existing infrastructure that powers our world.
It is about realizing the full potential of what we can offer.
New transport solutions, support for new economies, and to use the resource we have
in the most effective and efficient manner.
Male Speaker: The World Economic Forum’s September 2010 report, “Accelerating
Successful Smart Grid Pilots”, developed in partnership with Accenture and industry
experts from across the smart grid value chain, outlines the industry’s challenges
and conditions for success. Governments are increasingly recognizing
the value of smart grids. China aims at building a strong
smart grid by 2020. The U.S. has dedicated $4.5 billion
of its fiscal stimulus package. Significant initiatives are currently
underway in Europe, Japan, Australia, and Korea. Are smart grids guaranteed to succeed? To ensure that public and private money
is spent effectively, smart grid pilots must be successful in testing all aspects.
A poorly planned and executed pilot can set back the adoption of smart grids
and negatively impact the public perception of low-carbon technologies. Deploying smart grids at scale will
be challenging, but successful pilot projects can set the direction. From discussions and research in some of
the 90 pilot projects underway worldwide emerged a series of lessons that can improve
the effectiveness of existing and planned pilots and accelerate
their transition to full-scale roll-out. Mark Spelman: Smart grids are absolutely
fundamental if we are going to achieve some of our climate change objectives.
If you like, smart grids are the glue. They are the energy Internet of the
future and they are the essential component which is going to bring
demand and supply together. Ken Hu: I want to talk about the smart
grid from the ICT’s perspective. Information technology will not only support
the smart grid to be automatically observable and controlled.
More importantly, it will help us to achieve the region of smart
grids for everyone. James E. Rogers: The one concern that I
have is that we oversell the value of it because it’s going to take a while to roll
it out, and it will enable things like a plug-in electric vehicle but it’s going
to enable things we can’t yet imagine. So I think it holds great promise for the
future, and it’s really critical that we make the economic decision today to implement
it so that we can prepare for tomorrow. Male Speaker: Pilots should be used
to improve regulatory incentives. Regulators have a critical role to play
in creating innovation reward schemes that align incentives across the electricity
value chain, and encourage utilities and their partners to develop
new technologies, operating and business models while acknowledging
the risks involved. Pilots need to develop greater consumer
insight and systematically engage with consumers. Utilities will need to develop new business
models, attract everyday customer value propositions, and ways to communicate
them clearly to ensure adoption. Peter Corsell: In my mind, the most
important success factor is consumer acceptance.
Having a smart grid pilot that provides value to consumers, that provides applications
that help consumers reduce their energy bill and gain visibility
and control will I think provide the foundation for popular support for smart
grid investments throughout the industry. Male Speaker: Decision makers need to
take on board these recommendations to deliver smart grids, a cornerstone for
a low-carbon, efficient, and secure energy future.

Danny Hutson

16 thoughts on “Smart Grids Explained

  1. looks like its time to invest in some property far far away from the government so they cant control me and my family.

  2. @flredragon1 the best explanation I had in this page. Sure everyone says it's good, but there are also critics for every publicly-approved idea. Where are they? How does it even work?

  3. This is saying absolutely nothing of value. All we know now is the top-down explanation that a 'smart grid' is some structure for distributing electricity, and that it is supposed to be an improvement upon current networks.

    What IS such a grid exactly? How does it work? I want to hear about cables, transformers, energy storage, control mechanisms and graph theory – no such huff-puff obviousness like 'pilot projects need to be successful so that the consumer buys in'!

  4. I'm tired of the carbon emissions propaganda. I'm tired of the Climate Change propaganda. They think if they make a sharp video with slick marketing techniques people will be fooled. Not me.

  5. This video says nothing about the way smart grids actually work, or about the way they supposedly reduce carbon footprints, or what FAA and EPA guidelines are being applied to the use of unshielded grid wiring for the transference (and leaking) of RF signals and the resulting EMF radiation bombarding the citizenry.

  6. They integrate all energy sources (alternative and conventional) = less coal burning. Many other examples given as well.

  7. we need more centralised control not just for the economy but energy too by the imposed ubermensch NWO technocrats with smiling houses

  8. A six minute video cannot explain a "smart grid" in significant detail. A 45 minute video would get closer, but would still be severely lacking. And it isn't just "smart meters". That is one of the smallest aspects despite the fact that it is gaining attention (negative and otherwise). It's about real-time response for transmission/utility companies, about opening up net-metering, opening up possibilities for distributed generation, etc All of these naysayers don't know the depth of the subject.

  9. Every new technology improves the convenience of life, increases government ability to control, and weakens the natural stamina of a human being to survive in a natural world.

    proves the point that, there is no technical solution to the problem of morals.

    Now the tv has turned into a horrow show, but seems those beaming it out not realised this yet. Facebook is now voluntary police record, smart phone the voluntary track me device. Human race lining itself up for cyborg future, shamefull.

  10. wouldnt it be funny, if the "controllers" had a new free energy source and this was the only way they can impliment it whilst still maintaining control and profit. EMF energy.

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