The Many Meanings of 'Smart Grid'

5 Pages Posted: 8 Dec 2013

See all articles by M. Granger Morgan

M. Granger Morgan

Carnegie Mellon University - Department of Engineering and Public Policy

Jerome Apt

Carnegie Mellon University

Lester Lave

Carnegie Mellon University - David A. Tepper School of Business (Deceased)

Marija Ilic

Independent

Marvin A. Sirbu

Carnegie Mellon University - Engineering and Public Policy (EPP); Carnegie Mellon University - David A. Tepper School of Business

Jon M. Peha

Carnegie Mellon University

Date Written: July 1, 2009

Abstract

America seems to have decided that a "smart grid" is what we need to solve the problems of our electric power system. But, what exactly is a "smart grid"? The answer is that it is many different things. Some of the things that get talked about are relatively inexpensive and can go a long way toward solving key problems. Others will likely be very expensive, and at this stage may better be left to the realm of research.

Keywords: smart grid, meter reading, distribution system, transmission systems, pricing, communications network

Suggested Citation

Morgan, M. Granger and Apt, Jerome and Lave, Lester B. and Ilic, Marija and Sirbu, Marvin A. and Peha, Jon M., The Many Meanings of 'Smart Grid' (July 1, 2009). Available at SSRN: https://ssrn.com/abstract=2364804 or http://dx.doi.org/10.2139/ssrn.2364804

M. Granger Morgan

Carnegie Mellon University - Department of Engineering and Public Policy ( email )

Baker Hall 129
5000 Forbes Avenue
Pittsburgh, PA 15213
United States

Jerome Apt

Carnegie Mellon University ( email )

Pittsburgh, PA 15213-3890
United States

Lester B. Lave

Carnegie Mellon University - David A. Tepper School of Business (Deceased)

Marija Ilic

Independent ( email )

Marvin A. Sirbu

Carnegie Mellon University - Engineering and Public Policy (EPP) ( email )

Pittsburgh, PA 15213
United States

Carnegie Mellon University - David A. Tepper School of Business ( email )

5000 Forbes Avenue
Pittsburgh, PA 15213-3890
United States

Jon M. Peha (Contact Author)

Carnegie Mellon University ( email )

Pittsburgh, PA 15213-3890
United States

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