Power consumption continues to rise, but with smarter generation

Despite the growing use of power across the globe, end users, be they consumers or enterprises, are growing steadily smarter about where and how their power is created. According to Datacenter Dynamics, oil and gas are no longer key determinants of end-user price, and even large industrial users are taking a new approach to energy procurement, including on-site, grid-independent generation.

The news source points toward smart grids as the future of energy platforms, and widespread adoption of both the services and technology that promote wiser use and delivery of energy products. This future is being shaped by several trends, from increasing global demand for energy to the adoption of renewable energy resources. Understanding these trends will help firms, be they utilities or the organizations using the power, to understand the need for smart grid deployments and the appropriate media converters and serial to Ethernet applications to accompany them.

Renewable resources and natural gas
The natural gas boom has helped curb the use of fossil fuels, but many question how long this advantage will last. More are turning toward renewable resources, such as wind and solar, to not only drive down costs but ensure the future of energy performance. According to the news source, 40 percent of global energy still comes from coal, but that usage is steadily shrinking.

Demand response grows in acceptance
Demand response, or the idea that grid operators can control output during peak times to better supply consumers with adequate power, is becoming more popular and even applauded by eco-minded users. This helps keep costs low and improves the flow of power during times of high demand so that the grid isn't taxed as hard, and resources aren't depleted as quickly.

Self-reliant power
One of the most important trends affecting the energy market currently is a shift toward self-reliance for power. Large enterprises and private consumers alike are implementing onsite generation sources, be they solar or gas, in order to reduce their own cost and carbon footprint. This is freeing up parts of the grid to improve overall service and, more importantly, reducing costs overall.

With more people turning to alternative power solutions with increased frequency, the best way to handle supply and demand is to invest in smart grid deployments to optimize the flow and control of power at all times.

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