Infographic: The Power Potential of the Smart Grid
The smart grid is a dynamic two-way electric system that uses information and communications technology to gather and act on information in an automated fashion. A smart grid lets power companies and consumers see how power is being used. With that kind of information, the power company can better match supply to the demand, to increase efficiency, and consumers can make more informed decisions about when and how they use energy. The hope is that smart grids will improve the efficiency and sustainability of the production and distribution of electricity. The implementation of the smart grid is generally thought to have the potential to significantly cut energy usage and waste. The infographic below is based on a 2011 study done by GOOD in a partnership with IBM. The study study looked at how beneficial a smart grid could be if we implemented it by 2030.
Click the inforgraphic to enlarge it.