Denmark to power Smart Grid

Copenhagen, Denmark - The Government

The strategy combines electricity meters read on an hourly basis with variable tariffs and a data hub. It will make it possible for consumers to use the power when it is least expensive. "Today we set the course for developing a smart energy network that will reduce the cost of converting to sustainable energy, cut electricity bills and create brand new products consumers will welcome," says Minister of Climate, Energy and Building Martin Lidegaard.

Currently leading the EU in research, development and demonstration of smart-grid projects, Denmark can use this holistic new strategy to seize the unique chance to become a global frontrunner in a market expected to be worth billions euro over the next 10 to 15 years. "The many ground-breaking smart grid initiatives underway in Denmark are attracting widespread international attention. The Government

Source: IWR Online, 12 Apr 2013