This white paper mentions the achievable benefits of deploying smart grid such as modernization of aging infrastructure, improved efficiency, empowering customers, 5-9% reduction in GHG emission, etc. A network-first approach is proposed here, claiming that, it lowers cost and accelerates application deployment. Such improvements can be realized through improved energy efficiency and conservation, increased integration of distributed renewable generation, etc. So, smart grid will emerge as an important tool to address global climate change.
The work assesses smart grid deployments which are taking place today and that can be expected to further accelerate in coming years.Then it explores some of the driving forces behind smart grid deployments and examine the role of climate change.The subsequent section of this paper identifies and quantifies specific mechanisms through which a forward-thinking smart grid can help address climate change. The final part of this paper recommends policy actions to ensure that smart grid infrastructure being built today delivers maximum climate benefits.