06 Dec '11, 8pm

Smart Grid: Dynamic Pricing and AMI For All by 2030?: The U.S. electric grid is not crumbling. The regulatory

Smart Grid: Dynamic Pricing and AMI For All by 2030?: The U.S. electric grid is not crumbling. The regulatory

The U.S. electric grid is not crumbling. The regulatory structure that supports it, however, is showing its age. Those are just two of the findings from a new study about the electric grid published by the Massachusetts Institute for Technology. There are problems with regulation , and therefore pricing structure. There are also significant issues with rules for building transmission, cybersecurity and general oversight, according to the study’s authors. And yet, the grid can be fixed they say – under the umbrella of federal oversight with clear directives and new pricing schemes. To meet modern electric needs, the authors argue that the system of paying for power distribution is broken. Less than 100 hours in the year account for 10 to 18 percent of capacity needs in North America. And yet the vast majority of electric customers in the U.S. pay a flat fee. The ratio of pe...

Full article: http://www.greentechmedia.com/articles/read/dynamic-prici...

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Top 10 countries

Top 10 countries

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