We have to talk about energy a lot these days. If we’re going to have a world that can give everyone a high quality of life without harming the natural world, then it’s important that we transition towards using our energy in the most efficient way possible. Though we don’t always think about where or how the energy we consume in our home was produced, if we did look into it, we’d see that the infrastructure that is serving the energy is outdated and inefficient.
There have been moves to make energy-production and usage more efficient, which has given rise to smart grid technologies. This can help correct the issues faced by traditional energy production sources. Aside from helping consumers to get a better handle on their energy consumption, smart grids can also help to drastically reduce the number of greenhouse gases that are produced through energy production.
The exciting thing about this technology is that it’s still in its infancy. The early signs are promising, and it’s likely that the benefits will be even wider ranging in the coming years, when the technology is perfected and more readily available. Every year, the value of the smart grid industry grows by some 8%. With plenty of benefits, there’s no surprise that this is an industry that is soon to be valued at around $400 billion. To learn more about smart technology and all the benefits it can bring, take a look at the infographic below.
Infographic design by University of California University of California RIverside
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