Accouting: Current Electricity Infrastructure

1. The current electricity infrastructure in the United States doesn’t provide information about how the consumers are using energy, making it difficult to develop more efficient approaches to distribution. Also, the current electricity grid offers few ways to handle power provided by alternative energy sources. Compared to the current electricity infrastructure, smart grid delivers electricity from suppliers to consumers using digital technology to save energy, reduce costs, and increase reliability and transparency.

The smart grid enables information to flow back and forth between electric power providers and individual households to allow both consumers and energy companies to make more intelligent decisions regarding energy consumption and production. Information from smart grids would show utilities when to raise prices when demand is high and lower them when demand lessens. Smart grids would also help consumers program high-use electrical appliances like heating and air conditioning systems to reduce consumption during times of peak usage. Another advantage of smart grids is their ability to detect sources of power outages more quickly and precisely at the individual household level. 2. The consumer may redesign the way to use electrical appliances like heating and air conditioning systems to reduce consumption during times of peak usage, managers of the energy company need to allocate human to help consumers to solve it.

Also, they must considering the unique service to be different from other energy companies when they develop a smart grid. The organization need to consider the budget to develop the smart grid, as it will not be cheap, they also need to think about the demand of the consumer who do not want to accept the smart grid when they develop a smart grid. Technology issues, including networks and switches for power management; sensor and monitoring devices to track energy usage and distribution trends; systems to provide energy suppliers and consumers with usage data; communications systems to relay data along the entire energy supply system; and systems linked to programmable appliances to run them when energy is least costly, should be considered when developing a smart grid. 3. The hampers of developing smart grid include:

a. The smart grid costs running as high as $75 billion accordingestimation, who will pay the bill? b. The risk of cyber attack may be increased.

c. The energy companies can control thermostats in home of consumers sounded like an invasion of privacy. d. Would consumers really want to entrust energy companies with regulating the energy usage inside their homes? e. Will consumers and utility companies get the promised payback if they buy into smart grid technology? 4. In China, the natural gas is used very popular, it can be used for oven, water heater, and air conditioner.

So the natural gas company also can introduce this “smart” technology, the “smart natural gas” provides information just like the smart grid provides to the consumer. It will improve the efficiency of natural gas companies and lower the cost. 5. As for me, I would not like my home to be part of a smart grid. Three reasons: Firstly, I do not need to spend money for the smart meters to control my home electric appliances, I can shut down the air conditioner or water heater by myself when I want to save energy. Secondly, in my opinion, high risk is always associated with high technology, so I do not like to bear additional risk such as cyber attack.

Thirdly, smart grid is a new coming technology, it still exits some imperfection, and I’d like to wait for its maturity.