Photo Credit yewenyi
Smart electricity meter projects are being rolled out all over the globe at this stage (here’s a map of the Smart Meter projects in the US), and with the Smart Meters, come Smart Grids and Demand Response programs whereby the utilities implement peak shaving programs (and in certain cases demand stimulation) to match demand and supply curves. This will lead to a more stable grid and therefore increase the amount of variable generators (i.e. weather based renewables) it is possible to add to the grid. Great.
However, this is not nearly ambitious enough as far as I am concerned. First off, as I have said previously, cheaper electricity typically has a higher % of renewables in the generation mix. Therefore, if I am getting a smart meter, I want it to be a very smart meter. I want my meter to be going out across the grid, checking the realtime price from all utilities and dynamically sourcing the energy from the cheapest supplier at any given time. Nothing too new there, I have written about that concept previously.
Taking that idea to the next level. Imagine if utilities were mandated to publish, not only the price of electricity in realtime, but also the generation mix. I could then have a Smart Meter which would actively chose the greenest electricity for me at any time. Or the one with the best price/renewables mix.
And if we had a SuperGrid in place, then that Green electricity might be coming from Danish windfarms, Icelandic geothermal generation or North African solar farms.
Now that would be a Really Smart Meter!
UPDATE – I have been asked the relevance of the photo above – it is subtle, anyone care to guess?