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Smart Grid: Customers are the Ultimate Beneficiary

  • Publication Date:April 2010
  • Publisher:GlobalData
  • Product Type: Report
  • Pages:11

Smart Grid: Customers are the Ultimate Beneficiary

Electricity consumers will emerge as the major beneficiary of the implementation of smart grid technologies, gaining financially as well as environmentally. Financial gains will be realized through time-of-use rates and net metering. Environmental gains will be through the increased utilization of renewable resources, resulting in less pollution from power generation plants. A major gain for customers will be in the form of the improved reliability of power delivery. Grid monitoring and control technologies will help reduce response times during power faults through advanced sensing and distribution automation. However, the smart grid movement may face hurdles if customers are not convinced about the benefits. The ongoing litigations against US utilities over overcharging through smart meters have the potential to disrupt further rollouts of smart meters in the US.

Scope:

  • Empowerment of power consumers
  • Financial analysis of Time of use rate
  • Customer service quality improvement

Reasons to buy:

  • Plan strategies to improve customer resource management
  • Position yourself to gain the maximum advantage of the industry's growth potential by developing strategies
  • Facilitate decision-making based on upcoming market developments in the smart grid sector
  • 1 Table of contents
    • 1.1 List of Tables
    • 1.2 List of Figures
  • 2 GlobalData Market Analysis Alert
    • 2.1 Summary
  • 3 Smart Grid: Customers are the Ultimate Beneficiary
    • 3.1 Information on Power Use will Empower Customers
    • 3.2 Customers to Gain Financially through Smart Grid Technologies
    • 3.3 Fear of Overcharging through Smart Meters Can Play Spoilsport
    • 3.4 Increased Reliability of Power Delivery will Improve Service Quality
    • 3.5 Reduced Green house Gas Emission will Improve Living Environment
  • 4 Appendix
    • 4.1 Methodology
      • 4.1.1 Coverage
      • 4.1.2 Secondary Research
      • 4.1.3 Primary Research
      • 4.1.4 Expert Panel Validation
    • 4.2 Contact Us
    • 4.3 Disclaimer
  • List of Tables
    • Table 1: Summer Savings From Time of Use Rate
    • Table 2: Winter Savings From Time of Use Rate
    • Table 3: Global Carbon Dioxide Emissions (Million Tons), 2000-2008
  • List of Figures
    • Figure 1: Demand Response Mechanism
    • Figure 2: Baltimore Gas and Electricity Time of Use Tariff Structure (¢/kWh) for Summer, 2010
    • Figure 3: Baltimore Gas and Electricity Time of Use Tariff Structure (¢/kWh) for Winter, 2010
    • Figure 4: Net Metering System
    • Figure 5: Global Carbon Dioxide Emissions (Million Tons), 2000-2008
    • Figure 6: GlobalData Methodology
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