The Smart Grid: The Future of Power in the United States
According to the U.S. Department of Energy (DOE), the nation’s current electric grid is the largest interconnected machine in the world, consisting of over 9,200 electric generating units with over 1,000,000 megawatts of generating capacity, connected to more than 300,000 miles of transmission lines. Growing demand on the grid is stretching it to its limits, and there is no end in sight. The DOE estimates that nationwide demand for electricity is expected to grow 30 percent by 2030, and electricity prices are forecast to increase 50 percent over the next seven years.
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