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The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States

The electric grid in the United States has been suffering from underinvestment for years, and now faces pressing challenges from rising demand and deteriorating infrastructure. High congestion levels in transmission lines are greatly reducing the efficiency of electricity generation and distribution...

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Detalles Bibliográficos
Autores principales: Cook, Brendan, Gazzano, Jerrome, Gunay, Zeynep, Hiller, Lucas, Mahajan, Sakshi, Taskan, Aynur, Vilogorac, Samra
Formato: Online Artículo Texto
Lenguaje:English
Publicado: BioMed Central 2012
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3332254/
https://www.ncbi.nlm.nih.gov/pubmed/22540990
http://dx.doi.org/10.1186/1752-153X-6-S1-S5
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author Cook, Brendan
Gazzano, Jerrome
Gunay, Zeynep
Hiller, Lucas
Mahajan, Sakshi
Taskan, Aynur
Vilogorac, Samra
author_facet Cook, Brendan
Gazzano, Jerrome
Gunay, Zeynep
Hiller, Lucas
Mahajan, Sakshi
Taskan, Aynur
Vilogorac, Samra
author_sort Cook, Brendan
collection PubMed
description The electric grid in the United States has been suffering from underinvestment for years, and now faces pressing challenges from rising demand and deteriorating infrastructure. High congestion levels in transmission lines are greatly reducing the efficiency of electricity generation and distribution. In this paper, we assess the faults of the current electric grid and quantify the costs of maintaining the current system into the future. While the proposed “smart grid” contains many proposals to upgrade the ailing infrastructure of the electric grid, we argue that smart meter installation in each U.S. household will offer a significant reduction in peak demand on the current system. A smart meter is a device which monitors a household’s electricity consumption in real-time, and has the ability to display real-time pricing in each household. We conclude that these devices will provide short-term and long-term benefits to utilities and consumers. The smart meter will enable utilities to closely monitor electricity consumption in real-time, while also allowing households to adjust electricity consumption in response to real-time price adjustments.
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spelling pubmed-33322542012-04-24 The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States Cook, Brendan Gazzano, Jerrome Gunay, Zeynep Hiller, Lucas Mahajan, Sakshi Taskan, Aynur Vilogorac, Samra Chem Cent J Research The electric grid in the United States has been suffering from underinvestment for years, and now faces pressing challenges from rising demand and deteriorating infrastructure. High congestion levels in transmission lines are greatly reducing the efficiency of electricity generation and distribution. In this paper, we assess the faults of the current electric grid and quantify the costs of maintaining the current system into the future. While the proposed “smart grid” contains many proposals to upgrade the ailing infrastructure of the electric grid, we argue that smart meter installation in each U.S. household will offer a significant reduction in peak demand on the current system. A smart meter is a device which monitors a household’s electricity consumption in real-time, and has the ability to display real-time pricing in each household. We conclude that these devices will provide short-term and long-term benefits to utilities and consumers. The smart meter will enable utilities to closely monitor electricity consumption in real-time, while also allowing households to adjust electricity consumption in response to real-time price adjustments. BioMed Central 2012-04-23 /pmc/articles/PMC3332254/ /pubmed/22540990 http://dx.doi.org/10.1186/1752-153X-6-S1-S5 Text en Copyright ©2012 Cook et al; licensee BioMed Central Ltd. http://creativecommons.org/licenses/by/2.0 This is an Open Access article distributed under the terms of the Creative Commons Attribution License (http://creativecommons.org/licenses/by/2.0), which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
spellingShingle Research
Cook, Brendan
Gazzano, Jerrome
Gunay, Zeynep
Hiller, Lucas
Mahajan, Sakshi
Taskan, Aynur
Vilogorac, Samra
The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States
title The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States
title_full The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States
title_fullStr The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States
title_full_unstemmed The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States
title_short The smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the United States
title_sort smart meter and a smarter consumer: quantifying the benefits of smart meter implementation in the united states
topic Research
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3332254/
https://www.ncbi.nlm.nih.gov/pubmed/22540990
http://dx.doi.org/10.1186/1752-153X-6-S1-S5
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