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IEEE Smart Grid Newsletter - February 2013

Energy Department’s Investment Grant Program Advances Rapidly, As Scheduled

A $7.8-billion Smart Grid Investment Grant Program managed by the U.S. Department of Energy (DOE) is beginning to produce concrete results that will have wide relevance. Four analytic progress reports released in December evaluate impacts on demand reduction, operational and maintenance savings from advanced metering, reliability improvements from distribution automation and improved controls for voltage and reactive power management.

Electricity from Ocean Wave Energy: Technologies, Opportunities and Challenges

The energy from ocean waves is a largely untapped resource that could play an important role in our electricity future. It is more consistent and predictable than that of other renewable resources such as wind and solar. Although several pilot projects have been successfully deployed worldwide, and some of them are grid-connected, the economic production of electric power from wave energy remains to be demonstrated. A key path forward will be the integration of smart technologies that harness vast amounts of sensor and meteorological data to support wave farm operations.

Research Methods and Challenges in Demand Side Management

The smart grid requires proper methods for balancing the power supply and demand. Equally, it requires an appropriate way to simultaneously address contrasting demands from both the power utility and the customer. Direct load control—a contract between the utility and the customer—is one possible solution.

Incorporating a Secure Decentralized Financial Infrastructure into the Smart Grid

To transform the current power grid to an easily reconfigurable and resilient Internet-like smart grid, a decentralized, private and secure financial infrastructure should be adopted. Smart meters that can negotiate prices and trade in a decentralized environment, common electricity and emissions trading exchanges, and trading currencies offer solutions.

About the Smart Grid Newsletter

A monthly publication, the IEEE Smart Grid Newsletter features practical and timely technical information and forward-looking commentary on smart grid developments and deployments around the world. Designed to foster greater understanding and collaboration between diverse stakeholders, the newsletter brings together experts, thought-leaders, and decision-makers to exchange information and discuss issues affecting the evolution of the smart grid.

Contributors

Joseph PaladinoJoseph Paladino is Senior Advisor in the Department of Energy’s Office of Electricity Delivery and Energy Reliability.

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Shalinee KishoreShalinee Kishore is an associate professor in the Department of Electrical and Computer Engineering at Lehigh University in Bethlehem, Pa.
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Larry SnyderLarry Snyder is an associate professor of industrial and systems engineering at Lehigh University in Bethlehem, Pa.

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Parth PradhanParth Pradhan obtained his B.Tech degree in electronics and instrumentation engineering from the National Institute of Technology, Rourkela, India.
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Zubair Md. FadlullahZubair Md. Fadlullah, a member of IEEE, is an assistant professor in the Graduate School of Information Sciences, Tohoku University, Japan.
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Nei KatoNei Kato , an IEEE Fellow, has been a full professor at the Graduate School of Information Sciences at Tohoku University since 2003.
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Davor Svetinovic Davor Svetinovic is an assistant professor at Masdar Institute of Science and Technology in the United Arab Emirates.

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