Advertisement
Published in:
2011 | OriginalPaper | Chapter
The Grid Intelligent Planning Framework: Planning Electric Utility Investments in a Time of Accelerating Change
Authors : Geoff Ryder, Fatimah Shahid, Sui Yan
Published in: Design, User Experience, and Usability. Theory, Methods, Tools and Practice
Publisher: Springer Berlin Heidelberg
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
Over the next ten years, electric power utilities will be required to invest billions of dollars to meet public policy goals for a greener, smarter electricity grid. Renewable generation portfolio standards, electric vehicle infrastructure, advanced metering infrastructure, and the replacement of aging grid assets are some of the factors driving these new investments. The Grid Intelligent Planning Framework using GridLAB-D is an advanced forecasting solution that allows utility business and engineering experts to collaborate on forecasting models, and thereby to reduce the time needed for a capital investment planning cycle. This solution facilitates wise and timely investment decisions as the pace of change accelerates in the electric power industry.