JRC: a new Smart Grid report

From the JRC a very interesting news on smart grid:

“Brussels, 7 July 2011 – Intelligent electricity networks – smart grids – are a key component in the EU energy strategy, but substantial investments are needed to make them a reality. A new study from the European Commission’s inhouse science service, the Joint Research Centre (JRC), presents a review of 219 smart grid projects Europewide. The vast majority of investments, amounting to about €5.5 billion, were made in old Member States (“EU15”), while new Member States (“EU12”) tend to lag behind. By providing a complete catalogue of the projects to date, the report showcases how smart grids can help integrate more renewables, accommodate electric vehicles, give more control to consumers over their energy consumption, avoid blackouts and restore power quickly when outages occur. “

More information and full report are available here

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