Building the New Electric Grid
This article focuses on benefits of the electric meters capable of sharing real-time usage data with the company and customers alike. Creating the smart grid on a national scale will be perhaps the biggest change to the electrical system since the rural electrification effort of the 1930s. Companies are trying to get a more reliable energy system through, for example, outage management systems, rebalancing loads, and getting help with rebalancing through consumers controlling their usage. To provide real-time or near-real time information, which is needed for consumers to monitor and control their usage, the electric meters must communicate with each other frequently. Sensing and monitoring devices at customer premises that let customers control their electric use are explicit elements of smart grids The future smart grid, Smart Grid 2.0, is next-generation, interactive, self-healing, distributed everywhere, and has an innate capability to reach every device.