Smart Grid Tom’s IT Pro Business Glossary V By William Van Winkle February 28, 2011 1:00 PM Table Of Contents 1. ROI 2. RFP 3. Rightsize 4. Risk Management 5. Robust 6. SaaS 7. Sarbanes-Oxley (SOX) 8. Scale 9. Seamless 10. Shareholders 11. Short 12. Six Sigma 13. Smart Grid 14. Soft Dollars 15. Solution 16. Stakeholders 17. Stealth Period 18. Stock 19. Strategic Sourcing 20. Street Price 21. Sustainability 22. Synergy 23. Tipping Point 24. Total Cost of Ownership (TCO) 25. Trademark 26. Turnover 27. Valuation 28. Value Added 29. Venture Capital 30. Vertical 31. Viral Marketing 13. Smart Grid An electrical grid designed in such a way that controlling computer systems can monitor conditions across the grid and respond to them in such a way that service remains reliable and as affordable as possible. Significance As electricity consumption continues to climb, peak conditions have resulted in loss of service in high population regions, such as the infamous rolling blackouts in California. A smart grid seeks to impose greater efficiency and demand control across the entire grid system. In the future, the smart grid will reach into each home, allowing consumers to have greater control over their energy usage and allocate their peak usage at home to non-peak times on the grid, hopefully realizing cost savings thereby. Many companies are exploring ways to deliver on this smart grid vision.Click here to return to the main index. Previous Next 13. Smart Grid1. ROI2. RFP3. Rightsize4. Risk Management5. Robust 6. SaaS7. Sarbanes-Oxley (SOX)8. Scale9. Seamless10. Shareholders11. Short12. Six Sigma13. Smart Grid14. Soft Dollars15. Solution16. Stakeholders17. Stealth Period18. Stock19. Strategic Sourcing20. Street Price21. Sustainability 22. Synergy23. Tipping Point24. Total Cost of Ownership (TCO)25. Trademark26. Turnover27. Valuation28. Value Added29. Venture Capital30. Vertical31. Viral Marketing Comment on this article ... Comment(s)| Comments