Abstract
We describe and consider how the potential of energy savings may drive the penetration of smart grid technology into private homes. We assess the sociological processes which lead to energy savings when the residents have access to smart grid technology. We propose a way to establish a cash flow from consumers via electrical distribution companies to smart grid technology providers on the Danish market. Finally, we assess the impact of such a business development on the society, as well as relating the penetration of smart grid technology in private homes to the societal goal of 100% renewable energy in the electrical grid in 2050
| Original language | English |
|---|---|
| Title of host publication | 2013 4th IEEE PES Innovative Smart Grid Technologies Europe (ISGT Europe) |
| Number of pages | 5 |
| Publisher | IEEE Computer Society Press |
| Publication date | 2013 |
| ISBN (Print) | 978-1-4799-2984-9 |
| DOIs | |
| Publication status | Published - 2013 |
| Event | 2013 4th IEEE PES Innovative Smart Grid Technologies Europe - Technical University of Denmark (DTU), Lyngby, Denmark Duration: 6 Oct 2013 → 9 Oct 2013 Conference number: 4 http://www.ieee-isgt-2013.eu/ |
Conference
| Conference | 2013 4th IEEE PES Innovative Smart Grid Technologies Europe |
|---|---|
| Number | 4 |
| Location | Technical University of Denmark (DTU) |
| Country/Territory | Denmark |
| City | Lyngby |
| Period | 06/10/2013 → 09/10/2013 |
| Internet address |
Keywords
- Power, Energy and Industry Applications
- Power system economics
- Smart Grids
