The Evolution of the Smart Grid - Part 1 with Steven Collier

Posted:
06 Jun 2013
Authors:
Steven Collier
Primary Committee:
IEEE Smart Grid Webinar Series
Page/Slide Count:
Time: 00:59:49
This first webinar in a four part series will discuss the factors that led to and sustained the US power grid during its first hundred years as well as present changed circumstances and new developments that are eroding or even reversing them. The factors include: Economies of Scale, Declining Real Cost of Electric Energy, Exponential Growth in Consumption, Monopoly Franchise, Cost-Plus Pricing, Vertical Integration, Minimum concern for environmental impacts, Centralized Generation & Transmission, Alternating Current, One-Way Power Flow, Synchronous Operations, Centralized Monitoring & Control, and Modest Telecommunications & IT Requirements.

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