9 result(s) displayed for energy (1 - 9 of 9):
Mae Kowalke, TMCnet Contributor
The future of the smart grid looks bright. Innovations such as IP/MPLS network connectivity and the desirability to all potential stakeholders in smart cities projects have helped propel smart grid spending in general and investment in the enabling networks. In addition, government programs such as the U. S. Smart Grid Investment Grant Program have pumped $7.8 billion into smart grid systems with accelerated activities taking place around the world. In fact, driven initially by government stimulus, investments by the electric power industry in IP technology is accelerating, with US$200 trillion projected in global expenditures by 2030.
In short, the networking piece of smart grid deployments is critical, as the migration of utility infrastructure to meet the needs to remotely monitor and manage their grids grows in complexity. “The new IP/MPLS technologies offer a great deal of benefits within the utility in cost savings, operational efficiency and cost savings, and they also mandate a new way to operate, bridging those traditional organizational silos,” noted Mark Burke, VP of Intelligent Networks and Communications for DNV – GL, in a recent GridTalk posting.
By Mae Kowalke, TMCnet Contributor
The demand for oil and gas capabilities has never been greater and continues to grow. In fact, world energy needs are expected to increase by roughly 40 percent by 2030, according to the International Energy Agency, with the fast-developing China and India leading the way in energy consumption growth. The demand for oil is expected to grow by 20 percent, and gas needs should expand during this time by 50 percent. As much as dependency on fossil fuels is seen as needing to be reigned in, clearly oil and gas demand is going to go up despite greater reliance on alternatives. .
With that said, meeting energy needs is getting more complex. Hydrocarbon delivery is challenged by the fact that so much of the relatively low-hanging fruit has been plucked. The energy reserves of the future will increasingly come from deep-sea drilling, tar sands mining and other more challenging methods. Hydrocarbon delivery also will have to travel farther distances.
To effectuate cost-effective and efficient exploration and fuel deliveries in more challenging environments, it has become paramount that gas and oil communications be upgraded to next generation capabilities.
By Vikram Srinivasan, Director, Networking Systems Research, Bell Labs, India
The GreenTouch consortium was formed with the ambitious goal of inventing new technologies that could reduce the energy expenditure of telecommunication networks by a factor of 1000 by 2015. Two of the newest members of the consortium are the Indian Institute of Technology, Delhi and the Indian Institute of Science, Bangalore, two premier research institutes in India. We recognized that India faces certain unique challenges and Green is not only far more relevant in emerging markets such as India, but also that emerging markets require certain unique technical challenges in the field of Green Networking. With this in mind, the Green Telecom and IT Workshop was co-organized by Bell Labs and IISc with support from GreenTouch to explore collaborative opportunities, on April 4-5, 2012.
By Susan Campbell
The ever-increasing demand for energy has created the need for the development of the Smart Grid. This efficient approach to energy management and consumption will change the way we produce, consume and recycle energy. The efficient operation of the Smart Grid will be a long time in coming, however, as many challenges still exist to complete implementation and adoption.
According to a recent Alcatel-Lucent article, Dealing with the Smart Grid’s Key Drivers and Challenges, the future of smart grids includes significant changes to the way we live, work and play. It is expected to impact the business landscape, the energy marketplace and the ways in which we interact both culturally and socially.
By Susan Campbell
Our growing reliance on energy has sparked a new focus on how to make consumption more efficient. The Smart Grid has emerged as an important focus in this space, projected to impact the business landscape, the energy marketplace and even the ways in which we interact.
According to a recent Alcatel-Lucent article, EPB Chattanooga: Customers at the Center of the Smart Grid’s Future, smart grids will also enhance convenience and control within the industrialized world while positive social progress is enabled in developing countries. The level of skill with which energy providers are able to manage change will determine when and how well the benefits of smart grid technology will gain traction.
By Erin Harrison
While much progress has been made with today’s smart grid, the smart grid of the future will impact our business landscape, the energy marketplace and the ways in which we interact socially and culturally.
The smart grid’s largest social impact will be seen in developing nations, notes Christine Hertzog, managing director of the Smart Grid Library, in a posting “Managing Change for the Smart Grid.” Hertzog states that approximately 2.4 billion people of the world live in energy poverty – what she terms a “permanent blackout.”
In addition, the smart grid will enhance control and convenience in the industrialized world while allowing for social progress in developing nations, according to smart grid experts. When and how well these benefits gain traction will depend on how skillfully today’s energy providers manage change.