The tremendous benefit of Smart Grid technologies is encouraging action at EU and Member State level, such as with standardisation and implementation of funding schemes and other regulatory incentives for development projects.
Ultimately, a wireless communication system that lowers cost, speeds up deployment, and accelerates global energy efficiency and usage, can enable companies to design state-of-the-art Smart Grid solutions, water & gas distribution systems, condition & risk monitoring and energy-optimizing infrastructure systems.
We have a long way to go before AV, lighting, HVAC, and appliances come together within a home automation network that will work with smart meters and the utilities' back office system to communicate both ways flawlessly, controlling how and when energy is wisely consumed. Strides are being made in each area and we will see more systems coming together for the perfect balance of energy consumption and energy savings.
The Smart Grid is destined to become a platform, much like the Internet is a platform. Once the Grid is in place other technologies, new feature sets, and capabilities will inevitably spring forth. There is no limit to the functionality that might emerge from this platform once the implementation and adoption is widespread.
There are a myriad of communications players (technologies) that can be deployed across the smart grid applications layers. The "best fit" technology for any one layer or overall system. The first thing to drive the communications technology decision is the objective for the system. Add in the risk profile of the company and the communications requirements start to take shape.
On average, it could be assumed that 15% of the world total consumption of diesel, gasoline and jet fuels can be replaced by lignin.
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