London Distributed Energy Conference: Evidence that smart meters are not producing cost savings to justify the cost. New energy storage technologies are less costly, and more efficient with cost savings greater than smart meters, without replacing existing hard wired metering.

London (PRWEB UK) 20 April 2013

“Electric utilities have spent hundreds of millions of dollars on smart meters in an attempt to shave peak loads. Using demand charges and “time of use” meters, utilities have been trying to modify consumer behavior. Yet studies continue to reveal that even with proper consumer education about smart meter benefits, utilities have only cut peak loads by 6-8 percent using these meters. For peak shaving, distributed energy storage can be more effective because it does not require consumer involvement. Simply deploying battery storage within communities and at substations can achieve the same (or better) effect as changing consumer behavior, while giving utilities tighter resource control.” (Source: Whitepaper S&C Electric)

Utilities can leverage storage to shift load and generation patterns, making better use of grid assets, boosting grid reliability, and cutting carbon emissions — all without investing in changing consumers’ hard-wired habits. As battery technology costs continue falling, Continue reading

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