Smart Grid Benefits
Reliability of the system increases: Through improved monitoring and management technologies, the Smart Grid will self-heal by redirecting energy during power outages to provide more reliable service.
Improve Efficiency: Greater information and control over the grid will allow operators to draw energy supply from more efficient, renewable resources and optimize the grid assets.
Improves Economic: Improved reliability will give monetary benefit to customers, society, utilities and government.
Improves Environmental: The Smart Grid is necessary for the efficient integration of renewable energy, leading to fewer greenhouse gas emissions and reduced use of peak energy generators.
Self-Healing: A smart grid automatically detects and responds to routine problems and quickly recovers if they occur, minimizing downtime and financial loss.
Motivates and Includes the Consumer: A smart grid gives all consumers - industrial, commercial, and residential - visibility into real-time pricing, and affords them the opportunity to choose the volume of consumption and price that best suits their needs.
Resists Attack: smart grid has security built-in from the ground up.
Accommodates All Generation and Storage Options: A smart grid enables "plug-and-play" interconnection to multiple and distributed sources of power and storage (e.g., wind, solar, battery storage, etc.)
Optimizes Assets and Operates Efficiently: A smart grid enables us to build less new infrastructure, transmit more power through existing systems, and thereby spend less to operate and maintain the grid.