Smart grid tools revolutionize energy usage, slashing costs and boosting efficiency.
Electricity users in Australia can control their energy usage through smart grid tools provided by the Australian Energy Market Operator. By using computer-controlled switches, users can adjust their demand, which helps optimize energy usage and infrastructure. The study shows that generators operating at less than full capacity are producing expensive energy. Extending this scheme to other sectors, like hybrid transport, can improve the overall efficiency of the electricity system. This approach encourages users to actively participate in managing energy consumption for better outcomes.