What is a Smart Grid?
- The “Smart Grid” was introduced with the intention of overcoming the weaknesses of conventional electrical grids – where consumers have a lack of control and monitoring.
- At its core, it is a network which builds upon the basis of “Smart Meters” – next generation digital meters that are used to supply energy to consumers and can measure gas or electricity usage and send that data directly to the utility provider.
How is a Smart Grid used?
- This kind of system allows for energy providers and consumers to gain more insight into how energy is used with the ability to monitor, analyze, control usage with two-way digital communication.
- This helps improve efficiency, reduce energy consumption and cost, and maximize the transparency and reliability of the energy supply chain.
Why is it important?
- Reveals more detailed energy consumption, rather than monthly estimates
- Ensures consistent power supply
- Can help consumers save money on their energy bills
- Can help reduce excess energy usage
Want to learn more about energy systems, challenges and innovative solutions? We Explore Energy so you don’t have to in our WEEanswers series – head on over!