Description of an analytic framework for characterizing and estimating potential benefits from GridWiseTM, a national initiative to link electricity suppliers and end-users via high-speed networks that provide real-time information about system capacities, demand, prices, and status. Preliminary results indicate that the gross benefits can be quite large. However, the variance among estimates is also large, so delineating a range of benefits based on plausible input variables is concluded to be more useful at this time than trying to converge on a single "best estimate."
GridWise Initiative
Electric power distribution-- Government policy-- United States.
Electric power failures-- Prevention-- Government policy-- United States.
Electric power distribution-- Government policy.
POLITICAL SCIENCE-- Public Policy-- Environmental Policy.
TECHNOLOGY-- General.
United States.
7
POL-- 044000
TEC-- 000000
333
.
793/20973
22
TK3001
.
B24
2004
Baer, Walter S.
Fulton, Brent.
Mahnovski, Sergej.
Science and Technology Policy Institute (Rand Corporation)