Electric Power Research Institute
The Electric Power Research Institute (EPRI) has completed an analysis showing that deployment of a “smart grid” could potentially reduce annual U.S. energy consumption by 56 to 203 billion kWh in 2030, corresponding to a 1.2 to 4.3% reduction in projected retail electricity sales in 2030. In addition, a smart grid can facilitate greater integration of renewable generation resources and greater deployment of plug-in hybrid electric vehicles. The combined deployment of seven applications enabled by a smart grid could reduce CO 2 emissions by an estimated 60 to 211 million metric tons in 2030.
A smart grid is one that incorporates information and communications technology into every aspect of electricity generation, delivery and consumption in order to: minimize environmental impact; enhance markets; improve service; reduce costs and improve efficiency. (Environmental Valuation & Cost-Benefit News)