How will smart grids impact the UK?

Smart grids will enhance energy security and integration of low-carbon technologies, and take the UK a step further towards an affordable, low carbon energy system and reduce the overall costs for consumers.

How many smart grid projects are there in the UK?

Currently there are over 1,600 smart grid projects in the UK. Through a Network Innovation Stimulus, Ofgem is providing backing to innovative projects which aim to help make the energy networks smarter, and accelerate the development of a low carbon energy sector and delivering financial benefits to consumers.

Who is involved in implementing smart grids in the UK?

The UK gas and electricity market is unbundled (non-vertically integrated) and the major stakeholders involved in the implementation of smart grids include: Suppliers: British Gas, EdF Energy, E.ON UK, RWE npower, Scottish Power and SSE (this six organizations are known as the “Big 6” and control 95% of the energy retail market);

What is a smart grid & why is it important?

involve big changes to the way it supplies and uses energy. Smart grid is a key deliver low carbon electricity more efficiently and reliably. It allows integration of new forms of renewable sources, enables consumers to manage

Who is involved in the development of the smart grid in GB?

Various actors are involved in the development of the smart grid in GB, including the government (Department of Energy and Climate Change, DECC), a national regulatory authority (Ofgem), network companies, equipment manufacturers, and academia.

What is the smart grid Factsheet?

The Smart Grid factsheet provides a snapshot of the wide ranging benefits of smart grid and key development in the UK. The UK has made significant progress to date in developing smart grid.