The smart power grid is composed of two central technologies: smart meters and advanced metering infrastructure (AMI). Smart grids are more than simple home smart meters. Interest and investment in many novel types of consumer-oriented smart energy products is growing regarding the residential home.
These include products all meant to enable customers to see, measure and control their energy use, such as smart thermostats, smart-grid-friendly household appliances, and home-networked energy usage displays. On the verge of market acceptance, plug-in electric vehicles (PEVs) are predicted to generate greater consumer interest in the smart grid market, thus creating demand for both in-home and publicly located smart PEV chargers.
Beyond the consumer and the smart home, the smart grid extends into several other applications. More specifically, the smart meter is one of many interactive sensors and smart energy technologies in a multilayered smart grid network and infrastructure.
Fuji-Keizai USA’s research delves into the status of smart grid interoperability standards-related activities and up-to-date U.S. government stimulus funding allocations for smart grid technologies. This Fuji-Keiziai USA report also concentrates on emerging smart grid product categories for both the transmission and distribution (T&D) grid infrastructure and the home.