Smart Grid Policy Handbook 2010: Major Government Policies, Regulations and Incentives

http://www.reportlinker.com/p0336623/Smart-Grid-Policy-Handbook-2010-Major-Government-Policies-Regulations-and-Incentives.html

Smart Grid Policy Handbook 2010: Major Government Policies, Regulations and Incentives

Summary

Governments around the world have realized the potential benefits that can be derived from smart grid technology. A key benefit of a modernized electricity network through the adoption of smart grids is the ability to reduce power consumption at the consumer end during peak hours via demand management. In addition, smart grids enable grid connection of distributed power generation such as photovoltaic arrays, wind turbines, micro hydro and combined heat power generators. A smart grid also allows grid energy storage for distributed generation load balancing, and contains or eliminates failures such as widespread power grid cascading failures. Further, it drives the adoption of energy efficient appliances by modifying consumer behavior through in-home displays and variable electricity rates. In this report, the policy and regulatory steps that have been taken by various countries to implement smart grid roll-out are analyzed.

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