Smart Grids challenges and tools

Smart grid battery, sustainable renewable energy solutions

Smart grid battery, sustainable renewable energy solutions

As the Smart Grid implementation process continues, systematic and strategic, sustainable technology is crucial to take advantage of the enormous opportunities the Smart Grid offers.

The benefits of Smart Grid extend beyond utilities, to all stakeholders—consumers, educational institutions, and businesses.

By building less and saving more energy, the Smart Grid is an effective tool for addressing current grid pressures and challenges, with the added benefits of providing economic development and employment opportunities throughout the World.

Smart grid, renewables, infra, climate change, electricity, battery, resources, sustainable future, Better World Solutions

Smart grid solutions ensure a sustainable future with renewable energy

What is Smart Grid?

There is no agreed-upon definition of Smart Grid.

Therefore it is useful to think about the Smart Grid as a framework that encompasses a broad range of technology and business model solutions that optimize the energy value chain, in turn benefiting delivery companies, electricity suppliers, commercial and industrial interests, residential consumers, and, ultimately, society.

The Smart Grid is:

Intelligent

It is capable of sensing system overloads and rerouting power to prevent or minimize potential outages. The Smart Grid will increase the reliability, efficiency, and security of the power grid and avoid the inconvenience and expense of interruptions.

Efficient

It is capable of meeting increased power demands without adding unnecessary infrastructure. A Smart Grid will enable better asset utilization from generation all the way to the consumer end points. It will operate closer to its operational limits, freeing up additional capacity from existing infrastructure.

A Smart Grid will also drive efficiencies through reductions in technical and nontechnical line losses; it is estimated that 30 percent of distribution losses can be avoided this way.

Accommodating

It can accept energy from virtually any generation source, including solar and wind, and is capable of integrating technologies (such as energy storage) as they become market proven.  Smart Grids can deal with the intermittent nature of renewable generation by leveraging embedded storage to smooth output levels.

Motivating

It can enable real-time communication between the consumer and utility so consumers can tailor their energy consumption based on preferences, price, and environmental concerns. Enabled by Smart Grid technology and dynamic pricing, consumers will have the opportunity to see what price they are paying for energy before they buy—a potent motivator toward managing their energy costs by reducing electric use during peak periods.

Opportunistic

It can create new opportunities and markets by means of its ability to capitalize on plug-and-play innovation wherever and whenever appropriate.

Quality-focused

It is capable of delivering the power quality necessary to run our digital economy.

Resilient

It is resistant to attack and natural disasters as the grid becomes more decentralized and reinforced with Smart Grid security protocols.

Clean and Green

It has a profound impact on slowing the advance of global climate change and offering a path toward environmental improvement.

Smart Grids will also provide the necessary infrastructure for mass adoption of plug-in hybrid and electric vehicles.

Read more: Smart Grids Development Illinois

Overview Smart Grid Companies and StartUps

S&C Electric

S&C Electric Company is building on its long experience in utility-grade switching and protection products and smart grid solutions, S&C installed its first MW-scale energy storage system in 2006 and has since connected over 150 MWh of storage to the grid in the United States, Australia, Europe, and Canada.

The company uses its proprietary power conversion system (PCS) to integrate a wide variety of battery chemistries, catering to each specific application. S&C recently completed the 6MW/10 MWh UK Power Network installation, the largest energy storage system in Leighton Buzzard (UK) Europe.

Stem

Stem is another startup that has been getting quite a lot of attention in the past year. It is keen to focus on the word “intelligent” when describing its energy storage solutions, as its offering is not just about the batteries but the software surrounding them and connecting them to other components of the electricity system.

It offers “an integrated solution of cloud-based predictive software and advanced energy storage,” according to its website. “The Stem system lowers your monthly energy bill by reducing peak loads, predicting your energy usage patterns, and deploying stored energy at precise times—with no change to how your business operates.”

It is targeting business and utility applications.

Sunverge

Sunverge is also focused on the term “intelligent,” Sunverge is focused on utilization with distributed energy storage application (i.e., solar power). “It combines batteries, power electronics, and multiple energy inputs in a UL-certified appliance that is remotely managed and controlled by software running in the cloud.” Its target customers include electricity consumers, electricity retailers, and utilities.

It recently teamed up with SunPower — one of the largest solar power companies in the world — for solar + storage applications in the US and Australia.

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