Modernizing electric power grids is a top priority across the country. Smart grids will help:
State efforts to modernize the grid also open up new approaches to demand resources (including energy efficiency, demand response, and distributed generation) and for coordinating planning, operations, and pricing between the wholesale and retail sectors. But as customer power consumption becomes more price-responsive and as more customers produce their own power (for example, with solar photovoltaic systems), demand becomes less predictable, supply less controllable, and operations more complex. This poses operational challenges for the ISO.
ISO innovation is critical for preparing the power system to handle the complexities of expanded smart grid technology, demand resources, and renewable generation. Here are some examples of recent or ongoing ISO efforts: