Renewable energy’s prospects rise, with Smart Grid plan
Australia’s Smart Grid A Step Closer by Energy Matters 1 October 09 The Australian Government yesterday announced the next step in transforming Australia’s ageing electricity grid into a “smart grid” through the release of a report.
Environment Minister, Peter Garrett said the Smart Grid, Smart City report provides insights into how smart grids can work in Australia.
“From the power plant to the power point, smart grids enable a two-way flow of information between energy suppliers and consumers. Linking all these energy data points creates a web of information so that energy can be delivered where and when it is required; the potential economic benefits of creating an Internet for the energy industry are staggering.
Smart grids help electricity companies better handle loads and assist in incorporating renewable energy sources such as wind energy and solar power.A smart grid can also identify and resolve faults on the electricity grid and automatically “self-heal”.
For consumers, smart meters will help people better manage their energy use and make informed choices about when and how they use electricity. Additionally, smart meters will make each house solar energy and wind power ready
“Early estimates show that if smart grid applications are adopted around Australia they could deliver significant economic and environmental benefits to the Australian economy, including an estimated minimum reduction of 3.5 mega-tonnes of carbon emissions per annum,” Minister Garrett said. ………………..
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Australia’s Smart Grid A Step Closer : Renewable Energy News
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