Electric Power Research Institute About Us
The Institute
Office Locations

EPRI Summer Seminar

Each year, EPRI meets with executives and experts to discuss industry challenges and opportunities. Summer Seminar has played a crucial role in shaping EPRI’s research portfolio and the future of electricity worldwide.

Our Work Events
Calendars
This conference focuses on gaining insights from the unprecedented investments in Smart Grid deployments with a focus on Smart Grid successes, surprises and challenges in applying results and reaching beyond current deployments and into the future phases of grid modernization.
Newsroom Careers

Product Abstract

Estimating the Costs and Benefits of the Smart Grid

Product ID:1022519
Date Published:29-Mar-2011
File size:5.46 MB
Sector Name:Power Delivery & Utilization
Document Type:Technical Report
FileType:Adobe PDF (.pdf)
Price:No Charge

This Product is publicly available.

Abstract
The present electric power delivery infrastructure was not designed to meet the increased demands of a restructured electricity marketplace, the energy needs of a digital society, or the increased use and variability of renewable power production. As a result, there is a national imperative to upgrade the current power delivery system to the higher performance levels required to support continued economic growth and to improve productivity to compete internationally. To these ends, the Smart Grid integrates and enhances other necessary elements including traditional upgrades and new grid technologies with renewable generation, storage, increased consumer participation, sensors, communications and computational ability. According to the Energy Independence and Security Act of 2007, the Smart Grid will be designed to ensure high levels of security, quality, reliability, and availability of electric power; improve economic productivity and quality of life; and minimize environmental impact while maximizing safety. Characterized by a two-way flow of electricity and information between utilities and consumers, the Smart Grid will deliver real-time information and enable the near-instantaneous balance of supply (capacity) and demand at the device level.

The primary goal of this report, which is a partial update to an earlier report (EPRI 1011001), is to initiate a stakeholder discussion regarding the investment needed to create a viable Smart Grid. To meet this goal, the report documents the methodology, key assumptions, and results of a preliminary quantitative estimate of the required investment. At first glance, it may appear the most obvious change from the 2004 report is the significant increase in projected costs associated with building the smart grid. In actuality, the increased costs are a reflection of a newer, more advanced vision for the smart grid. The concept of the base requirements for the smart grid is significantly more expansive today than it was seven years ago, and those changes are reflected in this report.

Program
2011 Program D_SG  Smart Grid Demonstration
Keywords
  • Distribution
  • Functionality
  • Power delivery system
  • Smart grid
  • Smart grid costs and benefits
  • Transmission
Report
000000000001022519
Note

For further information about EPRI, call the EPRI Customer Assistance Center at (800) 313-3774 or email askepri@epri.com

 

 Having Trouble Downloading?

 

Internet Explorer Information Bar

If using Internet Explorer the browser automatically blocks downloads by default, instead displaying an "Information Bar" at the top or bottom of the page.

Click "Download File" on Information Bar if using Internet Explorer 8 or older. If using version 9, click “Save” button on Information Bar and then select “Open” once downloaded.

Pop-up blocker software

You can hold down the CTRL key when selecting Download to bypass your pop-up blocker.

You may also configure your pop-up blocker to allow EPRI.com to open new windows.

Recommended Software

EPRI recommends using the latest version of Adobe Reader for best performance.

 

 Support Services

 

EPRI Customer Assistance Center (CAC):
800-313-3774 or 650-855-2121 Option 4
askepri@epri.com

Hours of Operation:
8:00 AM - 7:00 PM Eastern Time (GMT-5)

Order and Conference Center:
800-313-3774 or 650-855-2121 Option 2
orders@epri.com