Search Results for: transactive energy

Recommendations for Smart Grid Policy (Part 5 of 5)

Lynne Kiesling So far in this series I have stressed what I think are some important foundational concepts in defining smart grid, thinking about its scope and its potential for value creation, and distinguishing it as an investment category from traditional transmission construction. All of these concepts have some interaction with government policy, at either …

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Smart Grid and Renewables Interconnection (Part 4 of 5)

Lynne Kiesling One of the reasons why smart grid is generating so much interest right now is its ability to enable the integration of renewable energy into the electric power network, leading to a broader generation portfolio and potentially beneficial carbon implications. Lots of the discussion of smart grid in policy and media (including places …

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Smart Grid Technology, Economics, and Policy (Part 1 of 5)

Lynne Kiesling This week I’ll be writing a series of posts about smart grid technology, economics, and policy. The buzz around the idea of smart grid is palpable:  old companies like GE and new companies like Google are changing their business models to incorporate more smart grid activities and products, entrepreneurs are exploring new products …

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Another Potentially Price-Responsive Appliance: the Dynamic Fridge

Lynne Kiesling We have another step toward the smart grid, the transactive electric power network prototyped in the GridWise Olympic Peninsula project: from the UK, pilot testing of 3,000 dynamic, intelligent refrigerators! The trial, run by energy company npower, will be the first trial of new technology to be approved under the government’s carbon emissions …

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About Lynne Kiesling

Lynne Kiesling is a Visiting Associate Professor in the Department of Economics at Purdue University and the Associate Director of the John H. Schnatter Center for Economic Research at Purdue. She was recently an Associate Professor of Instruction in the Department of Economics at Northwestern University, and also Director of the Electricity Policy Program in the Searle …

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Forbes Article on Smart Grid Technology and Dynamic Pricing

Lynne Kiesling The headline of this Forbes article reads “What Would You Pay To Stay Cool?” Using pending Congressional energy legislation as the springboard for the article, Ashlea Ebeling does a very good job of discussing the combination of digital technology and dynamic pricing that can transform the electric power network into a more resilient, …

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Grid-friendly Appliances Can Avert Blackouts And Delay Investment

Lynne Kiesling One long-standing conundrum in electric power is that digital information technology has the potential to create a lot of benefits and automate a lot of costly real-time functions, but that it is not widely enough deployed. Exciting work at the Pacific Northwest National Laboratory is contributing to resolving that conundrum, through transactive control …

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