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Can this technology lead to lower energy bills for consumers

“The old mindset would be, we need to build more power stations,” said Jens Madrian (CFO, CCO – Reactive Technologies).
Data has been transmitted across a national electricity grid for the first time, in what could be a significant step towards the creation of virtual power stations, where many thousands of homes and businesses combine to manage electricity use more smartly.

Jens Madrian[****] informed “There are other ways of managing electricity, one of which is carrying knowledge from the telecommunications and software engineering side into the energy sector.” The system uses new technology to send messages through national electricity cables to any appliances with a smart plug connected to the mains, asking it to adjust its energy use. In the home, this could mean allowing the temperature of a freezer to increase by 0.5C to cut demand or turning up a water heater at 1am to utilise spare renewable energy.
Coverage by The Guardian: [****]

**** Note: Links disabled by moderator.

Post was last edited on November 2, 2016 8:43 AM PDT

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Unsure why you asked.

Since the answer is known I take it your post is to promote the company, product or Jens Madrian.

As such, I disabled the links in your post so you can write what you think about this.

My thought is this can lead to the troubles as the makers didn't think about security as witnessed by a recent internet denial of service attack. Those savings are lost in a flash.

Click on picture for larger image.

I think we're already here. Smart Phones are pretty much the pinnacle of IoTR. (I wish that was Lord of The Rings but it's Internet of Things Ransomware.)

More at https://www.cnet.com/news/pay-up-or-else-ransomware-is-the-hot-hacking-trend-of-2016/

Post was last edited on November 2, 2016 8:44 AM PDT

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My intention was not promoting any one

Hello R. Proffitt,

Please note that the link what you have shared & the technology I am referring too is different. Yes, we have smart phones doing similar things but its electric smart grids.
By linking the name must have made the impression of promoting which I could have avoided. Also, the name of a company might have made the similar impression.
Answer is not know yet or rather not completely proved, hence I wanted to get others opinion & also before doing so I want them to checkout the article published by The Guardian. I am sure you will agree that I am not promoting Guardian or I donot need to do so.
My objective is to start a discussion and get more opinion about the same. I would request you to allow me to edit the post so that I can make it proper & meeting your standards.

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Top posts with links are held to a high standard.

This forum is all about you and your ideas, content and your discussion. We get a lot of spam so top posts with links and names like yours often vanish. Here I let it stand with the links disabled.

ON TOPIC. There are folks, companies wanting the smart grid but the goals are not what you think. We are approaching "GOD PARITY" on energy production and that scares the heck out of power companies.

ME. Yes, me. I found a nice electric vehicle and over the next month should be installing solar if all goes to plan. Folks tell me I'm an early adopter but for now I was able to conserve my way to make solar not work out on the numbers.

BACK ON TOPIC. I'm going with no. Most customers haven't taken the easy energy saving steps.

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