Whitehaven Coal says its fourth-quarter production almost doubles
The company's Blackwater and Daunia mines in Queensland, which it recently purchased from BHP, produced 4.8 million tonnes.
Dr. Guido Bartels, chairman of the Global Smart Grid Federation, told Israeli business publication Globes that an investment in smart meter technology can’t be avoided, otherwise electricity prices will skyrocket:
We estimate that if the current grid is not upgraded, electricity tariffs will be 400% higher by 2050. Introducing a smart grid makes it possible to reduce this rise to just 50%. The reason is that, without a smart grid, the reliability of the electricity grid will decline: the infrastructure is getting old, and introducing renewable energies will require massive investment, because the grid isn’t sufficiently flexible.
2 Comments
Mark Harder
The Globes article never really gets around to telling us what the smart grid actually is. This article is even more terse and abstract. Apparently, it involves some sort of feedback mechanism from individual consumers, no? If not, then what?
Jacob
Infrastruture will get old with or without smart meters. And where does this Dr. Bartels come from, “Chairman of Global Smart Grid Federation”. What a joke he making of himself. There is already monitoring of usage on any grid.