Vehicle-to-grid (V2G) power and currently available information transfer technology enables utility companies to use this stored energy.
This enables utility managers to understand not only the future but also how the system might react in response to external changes happening in the future.
The third level of using scenarios is to assess a range of future intervention measures against the range of future scenarios, which enables utility managers to choose the most robust and sustainable long-term solution.
Mapping enables utility scores to be estimated in trials where a non-preference based health status measure has been used but no generic preference-based measure.
If permission were granted by a local government, frequent remote metering would also enable utilities to tier energy costs, charging customers different amounts depending on the time of day, as electric utilities often do with their business accounts.
This makes a compelling case for local governments and water utilities to invest in this kind of conservation, enabling utilities to reduce their capital expenditures over time by using cheaper treatment technologies rather than upgrading to more complex, expensive ones.
Smart meters, which can be remotely read, record power-use data almost instantly, enabling utilities to respond faster to power failures and helping consumers track their own electricity habits and save money.
Using digital technology and computer networking, smart meters can transmit real-time data that is supposed to enable utilities to conserve electricity and better allocate power during parts of the day when overall demand is high.
Clever software will enable utilities to use the batteries in Better Place's fleet of cars to cope with fluctuations in supply and demand, recharging them at night when demand is low and feeding power back into the grid at peak times.The rubber hits the roadIt all sounds excellent on paper, but can Mr Agassi make it work?
That number could easily double again, he says, with a combination of dynamic pricing and demand response.The main objective of smart power meters is to lower the peak load and thus enable utilities to keep down their peak generating capacity.
