Our current electricity system is in trouble.
Under investment in research and development has left us with grid infrastructures which are crumbling.
To fix this we need to start rolling out smart meters, smart grids, super grids and market based demand response - this will more closely align the electricity demand curve, with the supply curve (which is now becoming less controllable with the advent of renewables).
Automated demand response programs are our best hope for successful DR programs. That and intelligent appliances which can adjust their behaviour based on information feeds from utilities about the state of the current (no pun) market.
32. Smart Grid
Smart grid technologies were the largest opportunity found in
the study and could globally reduce 2.03 GtCO2e, worth €79
billion ($124.6 billion)
The Climate Group
Smart 2020 Report
http://www.smart2020.org/
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36. Information
95% [of Americans] are interested in receiving detailed
information on their energy use
Oracle
Turning Information into Power
http://www.oracle.com/go/?&Src=6642417&Act=71&pcode=NAUT08044847MPP139
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43. Vehicle to Grid - p2p power?
Photo http://www.flickr.com/photos/better_place/3062172470/
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44. Quote
I could imagine a smart garage where I would plug in
my car and the computer handles it. I could even
make money by cost shifting.... It solves energy
security, energy prices and job creation...and by the
way, climate change.
Eric Schmidt
Exec Chair Google
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65. Why is this Critical?
As global average temperature increase exceeds about 3.5
degrees C, model projections suggest significant extinctions
(40-70% of species assessed) around the globe.
2007 IPCC Climate Change Synthesis Report
http://www.ipcc.ch/pdf/assessment-report/ar4/syr/ar4_syr_spm.pdf
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