Indiana Michigan to monitor power usage
SOUTH BEND, INDIANA - A northern Indiana utility will test a new system measuring electricity usage in about 10,000 homes and businesses in South Bend.
The monitoring by Indiana Michigan Power will be the first using a "smart grid" technology that could eventually save customers money, utility spokesman David Mayne said.
The one-year test involves a display unit that shows how much electricity has been bought and used. The utility can then provide information back to the customer that can be used to modify consumption. Service interruptions also can be detected more quickly.
"There are a lot of utilities that intend to introduce this technology in the years to come," Mayne said.
Indiana Michigan Power will begin the installation in South Bend in October and hopes to complete it by the end of the year. The company also will work with homebuilders to install advanced energy controls in 50 new homes.
Related News
Electricity Prices in France Turn Negative
FRANCE - France has recently experienced an unusual and unprecedented situation in its electricity market: negative electricity prices. This development, driven by a significant influx of renewable energy sources, highlights the evolving dynamics of energy markets as countries increasingly rely on clean energy technologies. The phenomenon of negative pricing reflects both the opportunities and challenges associated with the integration of renewable energy into national grids.
Negative electricity prices occur when the supply of electricity exceeds demand to such an extent that producers are willing to pay consumers to take the excess energy off their hands. This situation typically arises during…
