Friday, January 13, 2006

Smart Grids

here.
A lot of the problem with transmission and distribution lines is that they need to be big enough for the maximum demand, not the average. Hence you get redundant equipment for 90% of the time - what a waste. Smart grids aim to allow communication between generation and consumption of electricity. Not surprisingly, the best way to communicate value is - A PRICE SIGNAL.
It is however a bit rich expecting ordinairy home owners to give a flying £"$ about electricity prices, they're already paying a 300% premium on the price, the incentives should be all about avoiding investment and extending the lifetime of assets already in place... you know, the generators and distributors...

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