The U.S. still has relatively low-cost electricity compared to other countries, but consistent rate increases and an aging, inefficient electrical distribution system are prompting demands to update the country’s utility grids. IBM’s chief executive Samuel J. Palmisano recently estimated that 67 percent of electrical energy is lost because of inefficient power generation and grid management. IBM and a number of other information technology firms are working with utilities to bring digital communications and control technology to electricity systems in the U.S. and elsewhere in the world.
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Powering Up Smart Grid Technology
Posted by: Bill Ablondi February 18, 2009 04:00 AMThe U.S. still has relatively low-cost electricity compared to other countries, but consistent rate increases and an aging, inefficient electrical distribution system are prompting demands to update the country’s utility grids. IBM’s chief executive Samuel J. Palmisano recently estimated that 67 percent of electrical energy is lost because of inefficient power generation and grid management. IBM and a number of other information technology firms are working with utilities to bring digital communications and control technology to electricity systems in the U.S. and elsewhere in the world.