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

Demand Response with Smart Meters

Demand Response (DR) is a process for trimming electrical load, also referred to as load shedding, to reduce peak loads on a portion of the grid. Load shedding has been used by utilities for many years, usually in cooperation with Continue reading Demand Response with Smart Meters

Smart Grid Award

Power Magazine has announced it will give an annual award to the best smart grid project. This is welcome news, primarily because the criterion for the award removes the hype that is prevalent in the media. Here are the criteria Continue reading Smart Grid Award