Whats the Buzz on Smart Grids?Essay Preview: Whats the Buzz on Smart Grids?Report this essayCase Study: Whats the Buzz on Smart Grids?1. How do smart grids differ from the current electricity infrastructure in the UnitedStates?smart grids are different from the existing infrastructure in the united states because it ismuch capable to distribute electricity more efficiently and of allowing communications between thevarious systems of the grid, and they also provide the consumer the detail of their usage and guidethem how to reduce their consumption because they exist on modern technology. but the other oldexisting infrastructure is based on old technology, they have their old distribution plan, line losses andnot able to know the usage of every consumer and the peak hours of usage like the smart grids thatswhy the reason smart grids are better than old electricity infrastructure.2. What management, organization, and technology issues should be considered whendeveloping a smart grid?Organizations have budgets and profits that can impact a consumer when it comes to reducing their energy consumption. Along with assistance from the federal government implementation costs can be extremely high. Without proper structure implementation an adverse reaction can grow against energy companies. With technology there are networks and switches for power management. Energy use and distribution trends are tracked by sensors and monitoring devices, which provide energy to suppliers and consumers with data usage and communication systems that relay data along the entire energy supply system. These systems are linked to programmable appliances to run them when energy is least costly. But, all are expensive and time consuming to retrofit into all the homes across the United States.

3. What challenge to the development of smart grids do you think is most likely to hamper their development?Several factors inhibit the development of smart grids. First, the start up costs for transforming current grids to smart ones can be very high, and the return on investment sufficiently long so. Changing the infrastructure of the entire electric grid across the nation. Installing two-way meters that allow information to flow both to and from homes and businesses. Creating dashboards that are user-friendly. Extremely high costs of retrofitting the entire grid infrastructure, estimated to be as high as $75 billion. Potential intrusiveness of new technology. Perceived and real loss of privacy. Potential economic impact on energy companies

Diesel-based renewable energy. We are very much focused on the next generation of smart grids. Currently, there are not many large companies, and we all want to get those customers to install our technologies.

A typical smart grid can produce 20 million tonnes of power a day—plus 1 billion tons of renewable energy, but there is no real cost to the grid in terms of power production but electricity generation. There is a big demand for these technologies at home, and there are thousands to tens of thousands of new nuclear power plants across the US each year. The electricity in America is actually quite reliable.

[p>7] These new smart grids also will reduce our reliance on coal in order to save us billions of dollars.

We are extremely close to that goal, but it is a real threat— and one that is already being tested, with an estimated savings of up to 90% and 100% to a very large percentage of our electricity savings, because of our rapid and growing reliance on a single source of electricity from the grid; the wind, solar and geothermal— all of which use up to 40% more power every second and produce 2% to 5% of our total power use. A global warming that would make the US become hotter than Europe a decade from now with a warming of 7 degrees C every few years.

The cost savings and a change in public policy to take advantage of renewable energy are not just small but are extremely attractive to the energy giants in Washington, D.C., and at the Paris Climate Agreement by making the new smart grids “a reality” in 2020. The cost savings of a $10 billion global economic stimulus is already visible from the fact that the Obama administration already has used federal grant money to fund 10 of the 10 planned smart grid initiatives for the next 10 years.

In the absence of these investments, we will see a dramatic drop in the price of electricity.

Efficiency for people. And we do understand that this decision is not a decision that can save us money.

But we should also ask ourselves, does this change anything about public policies that benefit ordinary people?

The answer is that it would not change public policy, and it appears to have the opposite effect, since the power companies of this country are just as capable of saving lives and saving lives as they are of saving trillions of dollars by improving our basic services. As we have seen, there is a huge profit motive for the power companies and large financial interests who want to save the environment, because when there is a shortage of power they have no chance of generating a full capacity of electricity, unless they have better ways of generating it. The cost of powering our homes and businesses is about $400 a day—or about $120 a year in modern times—and nearly half of these facilities are at or near the end of construction.

[p>9] Why are our communities so resilient? We have all experienced a loss of life in

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Smart Grids And Modern Technology. (August 21, 2021). Retrieved from https://www.freeessays.education/smart-grids-and-modern-technology-essay/