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Smart grids could save electricity networks £10 billion by 2050, according to a leading developer of industry models.
EA Technology claimed that by using its “Transform” model, distribution networks have already cut the cost of their next eight-year business plans by around £200 million. Running the government’s future energy scenarios through the techno-economic model shows the potential for further savings.
If DNOs use the recommended smart technology instead of conventional methods, EA Technology said they can avoid laying 28,000km of cable by 2030 – enough to run to Australia and back.
Dave Roberts, future networks director at EA Technology, said: “The Transform model is positioning itself as a vital tool for easing Britain into its low-carbon future, and we believe it has the potential to be rolled out on a global scale.
“Low carbon technologies, such as electric vehicles, heat pumps and photo-voltaic generation, will alter the way in which we consume and produce energy. The results that are coming through are tremendously exciting, and paint a really positive picture of the benefit Britainwill reap by adopting low carbon technologies and smart solutions.”
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