Spotlight On… Israeli Smart Grid Companies

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Wednesday, June 27th, 2012

The goal is to introduce the new and exciting “Smart Energy” field (a combination of Smart grid and Energy Efficiency) to the Foreign Trade Administration’s commercial offices network. We believe that this paper will enable the commercial offices to get a better sense of this field and hence will improve their abilities when promoting this sector overseas.

The grid infrastructure of the electric power industry is transforming in a dramatic scale. From the growing addition of non-stable and often distributed traditional and renewable energy sources, to new and efficient ways that residential, commercial and industrial users are consuming electricity, the relatively static, slow changing power transmission and distribution sector is finding itself at the confluence of energy, telecommunications and IT (Information Technologies) sectors. This is driving necessary change and innovation in support of a 21-century intelligent utility network – a “Smart Grid”.

A smart grid is an electricity network that uses digital and other advanced technologies to monitor and manage the transport of electricity from all generation sources to meet the varying electricity demands of end-users. Smart grids co-ordinate the needs and capabilities of all generators, grid operators, end-users and electricity market stakeholders to operate all parts of the system as efficiently as possible, minimizing costs and environmental impacts while maximizing system reliability, resilience and stability.

Smart Grid is an important corner stone on the path to improve energy efficiency, enabling flexibility in energy generation sources, changing the legacy transmission hierarchy, while using bi-directional communication to control energy consumption of consumer appliances and industrial machines. The fully deployed Smart Grid will enable effective, real time supply and demand coordination between the various manufacturers and consumers to reach energy saving, pollution reduction, and cost savings.

To see the catalogue, click here.