Featured Research

from universities, journals, and other organizations

Smart grids: New study highlights key challenges and trends in the European Union

Date:
July 7, 2011
Source:
European Commission, Joint Research Centre (JRC)
Summary:
Intelligent electricity networks – smart grids – are a key component in the EU energy strategy, but substantial investments are needed to make them a reality. A new study presents a review of 219 smart grid projects Europe-wide.

Intelligent electricity networks -- smart grids -- are a key component in the EU energy strategy, but substantial investments are needed to make them a reality. A new study from the European Commission's in-house science service, the Joint Research Centre (JRC), presents a review of 219 smart grid projects Europe-wide. The vast majority of investments, amounting to about €5.5 billion, were made in old Member States ("EU15"), while new Member States ("EU12") tend to lag behind.

Related Articles


By providing a complete catalogue of the projects to date, the report showcases how smart grids can help integrate more renewables, accommodate electric vehicles, give more control to consumers over their energy consumption, avoid blackouts and restore power quickly when outages occur.

European Commissioner for Research, Innovation and Science, Mαire Geoghegan-Quinn, says: The implementation of smart grids is a significant opportunity for European industry to research, to market and to export new technologies, to create new jobs and maintain global technological leadership. We are only at the beginning of the transition to smart grids, and at this stage, sharing the results of research projects can help increase the stock of knowledge and add impetus to innovation in this field.

The report shows that Distribution System Operators (DSOs) play a leading role in coordinating smart grid deployment across Europe. DSO-led projects represent about 27% of all projects and about 67% of investments. However, the study underlines that current regulation in EU Member States tends to promote cost efficiency by reducing operation costs rather than by upgrading to a smarter system. It warns that the investment potential on smart grids will have difficulty accelerating without revising the current regulatory models. Regulation should ensure a fair sharing of costs and benefits in the set up of services platforms, as power system owners and operators are expected to sustain the majority of investments whereas several players might get benefits from smart grids.

Smart grids enable a two-way exchange of information and power between producers and consumers, and this leads to increased transparency, promoting responsible energy saving measures on the consumers' side. Success stories in the EU15 Member States confirm that consumer engagement is crucial to the effectiveness of smart electricity systems and needs to be won through trust, understanding and clear tangible benefits. For example, real-time information on electricity consumption and prices allowed consumers to save up to 10% of electricity.

The survey indicates that in almost all countries a significant amount of investment addresses the integration of different smart grid technologies. Most technologies are known, but their integration -- i.e. how well they work together -- is the key challenge for the success of these projects and the overall smart grid concept.


Story Source:

The above story is based on materials provided by European Commission, Joint Research Centre (JRC). Note: Materials may be edited for content and length.


Cite This Page:

European Commission, Joint Research Centre (JRC). "Smart grids: New study highlights key challenges and trends in the European Union." ScienceDaily. ScienceDaily, 7 July 2011. <www.sciencedaily.com/releases/2011/07/110707082129.htm>.
European Commission, Joint Research Centre (JRC). (2011, July 7). Smart grids: New study highlights key challenges and trends in the European Union. ScienceDaily. Retrieved December 19, 2014 from www.sciencedaily.com/releases/2011/07/110707082129.htm
European Commission, Joint Research Centre (JRC). "Smart grids: New study highlights key challenges and trends in the European Union." ScienceDaily. www.sciencedaily.com/releases/2011/07/110707082129.htm (accessed December 19, 2014).

Share This


More From ScienceDaily



More Matter & Energy News

Friday, December 19, 2014

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Building Google Into Cars

Building Google Into Cars

Reuters - Business Video Online (Dec. 19, 2014) — Google's next Android version could become the standard that'll power your vehicle's entertainment and navigation features, Reuters has learned. Fred Katayama reports. Video provided by Reuters
Powered by NewsLook.com
AP Review: Nikon D750 and GoPro Hero 4

AP Review: Nikon D750 and GoPro Hero 4

AP (Dec. 19, 2014) — What to buy an experienced photographer or video shooter? There is some strong gear on the market from Nikon and GoPro. The AP's Ron Harris takes a closer look. (Dec. 19) Video provided by AP
Powered by NewsLook.com
Double-Amputee Becomes First To Move Two Prosthetic Arms With His Mind

Double-Amputee Becomes First To Move Two Prosthetic Arms With His Mind

Buzz60 (Dec. 19, 2014) — A double-amputee makes history by becoming the first person to wear and operate two prosthetic arms using only his mind. Jen Markham has the story. Video provided by Buzz60
Powered by NewsLook.com
Navy Unveils Robot Fish

Navy Unveils Robot Fish

Reuters - Light News Video Online (Dec. 18, 2014) — The U.S. Navy unveils an underwater device that mimics the movement of a fish. Tara Cleary reports. Video provided by Reuters
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
 
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:  

Breaking News:

Strange & Offbeat Stories

 

Space & Time

Matter & Energy

Computers & Math

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:  

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile iPhone Android Web
Follow Facebook Twitter Google+
Subscribe RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins