Dynamic Pricing

The ability to price electricity based on its cost, which varies during the 24-hour day, is projected to be a major benefit of smart meters. Customers would be charged a higher price during peak periods when electricity costs the most Continue reading Dynamic Pricing

Effect of Electric Vehicle Concentration

A study by the Pacific Northwest National Laboratory (PNNL) established that the existing grid and power supply could support approximately 87 million plug-in electric vehicles (PHEVs) and battery electric vehicles (BEVs) if the batteries were charged during off-peak hours. (See earlier Continue reading Effect of Electric Vehicle Concentration