Banking on the Smart Grid

Banking on the Smart Grid
Posted: 15 Mar 2015
Doug Houseman
Primary Committee:
IEEE Smart Grid Newsletters
Pages: 2

When is electricity like money? The answer might be when you think of the smart grid as a debit card, complete with fees. That's because the grid is rapidly becoming a bank for energy, something it was not designed to be. The banking capability of the grid will make a huge difference for people in the future as distributed energy resources (DER) become more important. In this discussion our units will not be dollars, but rather Kilowatt hours (KWh).

Sponsoring Society Members: Free
IEEE Members: $5.00
Non-members: $10.00
Please click 'Sign In' at the top of the page and log in with your IEEE Username and password. If you do not have an IEEE account, click 'Create Account' to create a FREE account to make a purchase. Alternatively, you can join IEEE and/or become a society member which will enable access to all materials; most of which are complimentary or discounted.