• 🌱 Seedling • 1 min read
- "Power grid modernization" is another, less buzzword-y term for "smart grid".
- Involves reworking the electricity network from a one-way flow of electricity to a two-way flow of electricity and data.
- This would enable situations where consumer devices can "switch on" when there is excess energy available on the grid.
- The smart grid depends on the following innovations:
- Appliances that can decide when to consume power based on consumer preferences and grid balancing needs.
- Power meters that provide two-way communication between consumer and power providers.
- Substations that monitor and control a range of operational data.
- Power distribution that is self-healing, self-balancing and self-optimizing.
- Electricity generation that can learn and optimize clean energy generation, and automatically maintain voltage, frequency and power factor standards based on feedback from the grid.