Tag Archives: smart meters

GRID

Bill Gates recommended GRID as one of his five favorite books in 2016. Here is what Business Insider said:

“‘The Grid: The Fraying Wires Between Americans and Our Energy Future’ by Gretchen Bakke

“The Grid” is a perfect example of how Bill Gates thinks about book genres the way Netflix thinks about TV and movies.

“This book, about our aging electrical grid, fits in one of my favorite genres: ‘Books About Mundane Stuff That Are Actually Fascinating,'” he writes.

Growing up in the Seattle area, Gates’ first job was writing software for a company that provided energy to the Pacific Northwest. He learned just how vital power grids are to everyday life, and “The Grid” serves as an important reminder that they really are engineering marvels.

“I think you would also come to see why modernizing the grid is so complex,” he writes, “and so critical for building our clean-energy future.”

My son received it as a Christmas gift, and stayed up all night finishing it. I ordered it the same day he told me.

Finally, a readable history of energy. Why does our grid look as it does?

The incredible role that Jimmy Carter played in the creation of the Department of Energy, the passage of two major pieces of legislation.
1. National Energy Act
2. PURPA

GRID traces the emergence of the California wind energy industry. According to the author, the industry emerged in spite of bad technology. The growth traced instead to enormous tax credits. The Federal tax credit was 25%, and California doubled it to 50%. Today Texas and California are by far the largest producers of wind energy in the US>

GRID traces energy from Thomas Edison to Thomas Unsall, who was his personal secretary. It was Unsall that formulated, and then implemented, an ambitious plan to centralize the nations power grid. Until he took over in Chicago, no one could figure out how to create, through government regulation and clever pricing, what today is an effective monopoly. What makes this even more remarkable: the monopolies are largely for-profit.

GRID traces the emergence of energy policy, beginning with President Jimmy Carter.

It includes the Energy Policy Act of 1978 and the Energy Policy Act of 1982.

Postscript: I just read the book a second time, and was stuck by its notes at the end, its index, and its general comprehensiveness.

I guess, for me, the big ideas in this book can be boiled down as follows:

LOAD IS DOWN: the planet is rife with innovations that are saving electricity – and most of them are coming without burden to the consumer (like turning thermostats down, wearing sweaters, etc.). So the demand for electricity peaked in 2007, and is unlikely to go higher until at least 2040.

GENERATION IS UP: At the same time, the ways to generate power better are increasing. Solar panels have dropped at least 50% in cost in a decade, while getting more effective. Wind turbines are excellent, and are continuing to improve. Coal generators are being slowly replaced by natural gas. Natural gas plants have desirable properties beyond generation, e.g. they can start up quickly and can come down quickly.

GENERATION IS BECOMING MORE RESILIENT AND MORE DISTRIBUTED. . After a decade of blackouts largely traceable to storms and poor line maintenance, the push is on for resilience, and it is working. The means to resilience is distributed generation (DG), which ultimately will prove to be very beneficial. However, because of regulatory roadblocks, perverse incentives, and a host of other complexities, it will be some time before the benefits of resilient DG are fully realized.

PREDICTING LOAD IS IMPROVING: Predicting load by five minute increments is improving. Smart meters and smart algorithms make it entirely plausible to predict load well 24 hours ahead, and extremely well 4 hours ahead.

PREDICTING GENERATION IS IMPROVING: the book tells horror stories about DG increasing instability and unpredictability. How can a utility plan for a surge due to a scorching sun? A big breeze? I find these horror stories to be suggestive of where this dysfunction will all end up, namely: prediction will improve dramatically through better weather forecasting, better detailed knowledge of all contributing generators.

A NEW MATCHING OF LOAD TO GENERATION IS VISIBLE. For all the horror stories, I think the future looks bright because matching predictable load to predictable generation is doable today, and will become a norm in the future once all the roadblocks are removed.

ASYNCHRONOUS POWER IS ALMOST HERE. Just as emails are asynchronous, while telephony is synchronous, in that same way, electricity has always been a synchronous technology – because there has never been a way of storing electricity. The world is moving fast toward asynchronous power because of batteries. When this happens, the world is going to change very fast.

TIME OF DAY PRICING WILL ACCELERATE ALL CHANGES. I am shocked at how pathetic time of day pricing is. Its ubiquitous – but pathetic. Once time of day pricing sends market signals about that discourage peak power use, so managers will take increasing advantage of using power (load) when it is cheapest, and avoiding power use (avoiding load) when it is most expensive, then we will begin to see thousands of innovative solutions for accomplishing this very simple goal.

Smart Meters Globally

Energy companies are using the ‘Internet of Things’ to increase efficiency and save billions

JOHN GREENOUGH

Aug. 26, 2015, 10:20 AM
BI Intelligence

The lowly energy meter is becoming a leading device in the transition to the Internet of Things.

Government officials and utility executives are creating smart energy grids that will help make energy use more efficient, provide real-time billing information, and reduce the number of workers needed to check meters.

In a recent report from BI Intelligence, we size the smart meter market globally and in regions and countries through the world. We look at how smart meter installations will create smart energy grids that have a significant impact on energy usage and cost saving. Additionally, we conduct a cost-benefit analysis looking at how much it will cost to install smart meters and weigh it against the monetary and non monetary benefits the devices can provide.

Access The Full Report By Signing Up For A Full-Access Trial>>

Here are a few of the key findings from the BI Intelligence report:

Globally, we estimate the smart meter installed base will reach 454 million this year and more than double by 2020, making it a leading IoT device.
Asia will lead the transition to smart energy grids, followed by Europe, North America, South America, and Africa.
China has aggressive smart meter plans. Beijing is expected to have 100% of its residential homes equipped with smart meters by the end of this year.
The cost of installing these smart meters will be over $100 billion. But the financial benefits will reach nearly $160 billion.
There are three primary security risks associated with smart meters: physical risks, electrical risks, and software risks.
In full, the report:

Provides a regional breakdown of the smart meter market and includes forecasts from the major smart meter countries within that region.
Includes an analysis of the savings generated from smart grids
Provides an average cost of installing a smart meter over the next five years.
Assesses the other benefits to IoT-based meters and grids beyond revenue gains.
Discusses the security risks of smart meters and provides solutions from leading tech firms.
To access the full report from BI Intelligence, sign up for a 14-day full-access trial here. Full-access members also gain access to new in-depth reports, hundreds of charts, as well as daily newsletters on the digital industry.

NOW WATCH: This small landfill in New York turns trash into electricity for 400 homes

More: Internet of Things Energy Costs Energy Report Smart Grid

Read more: http://www.businessinsider.com/companies-utilities-save-with-iot-2015-5#ixzz3jxXhMpjJ

Edison Electric: latest # on Smart Meters

50 million out there and growing fast:
Edison Report on Smart Meters

The graph below shows progress over time. Doubled from 2009 to 2011. Doubled again from 2011 to 2014!

SMART METER GRAPH

 

But still very few experiments with price signals. Some interesting ones though, all voluntary.

Interesting that there is no political consensus that there should be peak demand prices that are MUCH higher than average time of day. Conversely, it is pretty amazing that no movement has surfaced to create a uber-cheap energy pricing time of day – probably from midnight to 5 a.m. If such a movement were to develop, I would argue that pricing at $5/KWH or less would be totally appropriate for off-hours, $10 for regular, and $50 or more for the 30 minutes around “peak” would be very appropriate. This would create the right incentives and effectively stop the idiotic construction of electric utilities in the US. After all, these incremental facilities have one and only one objective – to cover peak demand, which is still unfortunately growing.

Commentary pulled out below:

Smart pricing programs include Baltimore Gas & Electric’s Smart Energy Rewards, Oklahoma Gas & Electric’s SmartHours, Pepco and Delmarva Power’s Peak Energy Savings Credit, San Diego Gas & Electric’s Reduce Your Use, and Southern California Edison’s Save Power Day.
Some customers are using devices like programmable controllable thermostats to respond to the price signals, while others are altering their behavior – all to take advantage of the opportunity to save money on their electricity bill. While these programs have different names and nuances, all are enabled by smart meters and, for most customers, the result is energy savings, bill savings, and increased satisfaction.

My own check of the data tells me that there are about 50 big utilities, and – with the exception of some really slow ones, like NY and Illinois and Dominion in Virginia, and also NC – most are either full deployed or will be by end of 2015.

On the other hand, pricing strategies area, well, pathetic. Not sure why. Here is my spreadsheet:

EEI Smart Meter Status_201409