The Future Of The Electric Grid

Few industries in the U.S. are as stuck in the past as our utilities are. In the face of growing challenges from climate change and the need for energy security, a system and a business model that each took more than a century to evolve must now be extensively retooled in the span of a few decades. Despite the need, many of the technologies and institutions needed are still being designed or tested. It is like rebuilding our entire airplane fleet, along with our runways and air traffic control system, while the planes are all up in the air filled with passengers. In this accessible and insightful book, Peter Fox-Penner considers how utilities interact with customers and how the Smart Grid could revolutionize their relationship. Turning to the supply side, he considers the costs of, and tradeoffs between, large-scale power sources such as coal plants and small-scale power sources close to customers. Finally, he looks at how utilities can respond to all of these challenges and remain viable, while financing hundreds of billions of dollars of investment without much of an increase in sales. Upon publication, Smart Power was praised as an instant classic on the future of energy utilities. This Anniversary Edition includes up-to-date assessments of the industry by such leading energy experts as Daniel Estes and Jim Rogers, as well as a new afterword from the author. Anyone who is interested in our energy future will appreciate the clear explanations and the in-depth analysis it offers.

The Power Grid: Smart, Secure, Green and Reliable offers a diverse look at the traditional engineering and physics aspects of power systems, also examining the issues affecting clean power generation, power distribution, and the new security issues that could potentially affect the availability and reliability of the grid. The book looks at growth in new loads that are consuming over 1% of all the electrical power produced, and how combining those load issues of getting power to the regions experiencing growth in energy demand can be addressed. In addition, it considers the policy issues surrounding transmission line approval by regulators. With truly multidisciplinary content, including failure analysis of various systems, photovoltaic, wind power, quality issues with clean power, high-voltage DC transmission, electromagnetic radiation, electromagnetic interference, privacy concerns, and data security, this reference is relevant to anyone interested in the broad area of power grid stability. Discusses state–of-the-art trends and issues in power grid reliability Offers guidance on purchasing or investing in new technologies Includes a technical document relevant to public policy that can help all stakeholders understand the technical issues facing a green, secure power grid

Electric power is essential for the lives and livelihoods of all Americans, and the need for electricity that is safe, clean, affordable, and reliable will only grow in the decades to come. At the request of Congress and the Department of Energy, the National Academies convened a committee of experts to undertake a comprehensive evaluation of the U.S. grid and how it how it might evolve in response to advances in new energy technologies, changes in demand, and future innovation. The Future of Electric Power in the United States presents an extensive set of policy and funding recommendations aimed at modernizing the U.S. electric system. The report addresses technology development, operations, grid architectures, and business practices, as well as ways to make the electricity system safe, secure, sustainable, equitable, and resilient.

"For well over a century, electricity has made vital contributions to the growth of the U.S. economy and the quality of American life. The U.S. electric grid is a remarkable achievement, linking electric generation units reliably and efficiently to millions of residential, commercial, and industrial users of electricity through more than six million miles of lines and associated equipment that are designed and managed by more than 3,000 organizations, many of which are in turn regulated by both federal and state agencies. While this remarkable system of systems will continue to serve us well, it will face serious challenges in the next two decades that will demand the intelligent use of new technologies and the adoption of more appropriate regulatory policies. This report aims to provide a comprehensive, objective portrait of the U.S. electric grid and the challenges and opportunities it is likely to face over the next two decades. It also highlights a number of areas in which policy changes, focused research and demonstration, and the collection and sharing of important data can facilitate meeting the challenges and seizing the opportunities that the grid will face. This study is the sixth in the MIT Energy Initiative's "Future of" series."

A revelatory look at our national power grid--how it developed, its current flaws, and how it must be completely reimagined for our fast-approaching energy future. America's electrical grid, an engineering triumph of the twentieth century, is turning out to be a poor fit for the present. It's not just that the grid has grown old and is now in dire need of basic repair. Today, as we invest great hope in new energy sources--solar, wind, and other alternatives--the grid is what stands most firmly in the way of a brighter energy future. If we hope to realize this future, we need to reimagine the grid according to twenty-first-century values. It's a project which forces visionaries to work with bureaucrats, legislators with storm-flattened communities, moneymen with hippies, and the left with the right. And though it might not yet be obvious, this revolution is already well under way. Cultural anthropologist Gretchen Bakke unveils the many facets of America's energy infrastructure, its most dynamic moments and its most stable ones, and its essential role in personal and national life. The grid, she argues, is an essentially American artifact, one which developed with us: a product of bold expansion, the occasional foolhardy vision, some genius technologies, and constant improvisation. Most of all, her focus is on how Americans are changing the grid right now, sometimes with gumption and big dreams and sometimes with legislation or the brandishing of guns. The Grid tells--entertainingly, perceptively--the story of what has been called "the largest machine in the world": its fascinating history, its problematic present, and its potential role in a brighter, cleaner future.

There’s probably a good chance that you’ve turned on your television, computer, or an appliance without giving much thought about the electric grid. But when there’s a power outage, it’s a different story. Suddenly, you’re asking yourself questions such as: What is the electric grid and who owns it? Who controls the grid and how is it controlled? What causes a grid blackout? What is the future of the grid? William L. Thompson, who retired from Dominion Virginia Power after thirty-eight years in the electric business, answers those questions and many more in this book for anyone curious about the electric grid and how it works. In plain, simple language, he reveals what goes on behind the scenes at grid control centers across the country. He also explains how electricity is generated through renewable energy sources such as wind and solar. He also examines the causes behind the largest blackout in United States history and how global warming and technological developments could permanently change Living on the Grid.

Americans' safety, productivity, comfort, and convenience depend on the reliable supply of electric power. The electric power system is a complex "cyber-physical" system composed of a network of millions of components spread out across the continent. These components are owned, operated, and regulated by thousands of different entities. Power system operators work hard to assure safe and reliable service, but large outages occasionally happen. Given the nature of the system, there is simply no way that outages can be completely avoided, no matter how much time and money is devoted to such an effort. The system's reliability and resilience can be improved but never made perfect. Thus, system owners, operators, and regulators must prioritize their investments based on potential benefits. Enhancing the Resilience of the Nation's Electricity System focuses on identifying, developing, and implementing strategies to increase the power system's resilience in the face of events that can cause large-area, long-duration outages: blackouts that extend over multiple service areas and last several days or longer. Resilience is not just about lessening the likelihood that these outages will occur. It is also about limiting the scope and impact of outages when they do occur, restoring power rapidly afterwards, and learning from these experiences to better deal with events in the future.

Future of Utilities - Utilities of the Future: How technological innovations in distributed generation will reshape the electric power sector relates the latest information on the electric power sector its rapid transformation, particularly on the distribution network and customer side. Trends like the rapid rise of self-generation and distributed generation, microgrids, demand response, the dissemination of electric vehicles and zero-net energy buildings that promise to turn many consumers into prosumers are discussed. The book brings together authors from industry and academic backgrounds to present their original, cutting-edge and thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector. The book's first part lays out the present scenario, with concepts such as an integrated grid, microgrids, self-generation, customer-centric service, and pricing, while the second part focuses on how innovation, policy, regulation, and pricing models may come together to form a new electrical sector, exploring the reconfiguring of the current institutions, new rates design in light of changes to retail electricity markets and energy efficiency, and the cost and benefits of integration of distributed or intermittent generation, including coupling local renewable energy generation with electric vehicle fleets. The final section projects the future function and role of existing electrical utilities and newcomers to this sector, looking at new pathways for business and pricing models, consumer relations, technology, and innovation. Contains discussions that help readers understand the underlying causes and drivers of change in the electrical sector, and what these changes mean in financial, operational, and regulatory terms Provides thought-provoking ideas on the challenges currently faced by electric utilities around the globe, the opportunities they present, and what the future might hold for both traditional players and new entrants to the sector Helps readers anticipate what developments are likely to define the function and role of the utility of the future

The electrical grid goes everywhere-it's the largest and most complex machine ever made. Yet the system is built in such a way that the bigger it gets, the more inevitable its collapse. Named the greatest engineering achievement of the 20th century by the National Academy of Engineering, the electrical grid is the largest industrial investment in the history of humankind. It reaches into your home, snakes its way to your bedroom, and climbs right up into the lamp next to your pillow. At times, it almost seems alive, like some enormous circulatory system that pumps life to big cities and the most remote rural areas. Constructed of intricately interdependent components, the grid operates on a rapidly shrinking margin for error. Things can-and do-go wrong in this system, no matter how many preventive steps we take. Just look at the colossal 2003 blackout, when 50 million Americans lost power due to a simple error at a power plant in Ohio; or the one a month later, which blacked out 57 million Italians. And these two combined don't even compare to the 2001 outage in India, which affected 226 million people. The Grid is the first history of the electrical grid intended for general readers, and it comes at a time when we badly need such a guide. As we get more and more dependent on electricity to perform even the most mundane daily tasks, the grid's inevitable shortcomings will take a toll on populations around the globe. At a moment when energy issues loom large on the nation's agenda and our hunger for electricity grows, The Grid is as timely as it is compelling.

Nowadays, Smart Grid has become an established synonym for modern electric power systems. Electric networks are fed less and less by large, centrally planned fossil and nuclear power plants but more and more by millions of smaller, renewable and mostly weather-dependent generation units. A secure energy supply in such a sustainable and ecological system requires a completely different approach for planning, equipping and operating the electric power systems of the future, especially by using flexibility provisions of the network users according to the Smart Grid concept. The book brings together common themes beginning with Smart Grids and the characteristics of power plants based on renewable energy with highly efficient generation principles and storage capabilities. It covers the advanced technologies applied today in the transmission and distribution networks and innovative solutions for maintaining today’s high power quality under the challenging conditions of large-scale shares of volatile renewable energy sources in the annual energy balance. Besides considering the new primary and secondary technology solutions and control facilities for the transmission and distribution networks, prospective market conditions allowing network operators and the network users to gain benefits are also discussed. The growing role of information and communication technologies is investigated. The importance of new standards is underlined and the current international efforts in developing a consistent set of standards are updated in the second edition and described in detail. The updated presentation of international experiences to apply novel Smart Grid solutions to the practice of network operation concludes this book.