A certain amount of generated electricity simply oozes out of power lines during transmission (about 8%) but a new technology may cut that by 75% or more and make a smart grid more lean too.MorningStar.com reports:
"German industrial conglomerate Siemens AG (SI) expects new technology to reduce the amount of power lost in transmission grids to around 1%-2%, from an average of roughly 8% currently, [according to] Wolfgang Dehen, chief executive of Siemens' energy.
Traditional lines typically lose around 8% of power during transmission, leading to higher costs and weaker earnings potential for the energy companies. But with Siemens' new technology, called high-voltage direct current, the amount of power lost will shrink and the associated costs will be "significantly reduced," Dehen said at a climate and energy conference in Stockholm arranged by Swedish peer Vattenfall AB." See full article
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