The U.S. Department of Energy’s (DOE) Office of Electricity Delivery and Energy Reliability is pleased to recognize the award of the world’s “highest ranked” smart grid project went to a project managed by Oklahoma Gas & Electric (OG&E) Company under the Smart Grid Investment Grant (SGIG) program, which is a grid modernization activity funded by the American Recovery and Reinvestment Act of 2009.
After evaluating 200 smart grid projects from around the world, an international organization based in Finland found Oklahoma Gas & Electric’s (OG&E) “Positive Energy” smart grid project to be the most merit-worthy on technical criteria and named it the world’s highest-ranked smart grid project. As stated in the just released Smart Grid Global Impact Report 2013, “OG&E is delivering well against all pillars of achievement …and is enhancing the customer experience, actively reducing demand, reducing system losses, and increasing security while at the same time reducing costs.” The aim of the report is to “help utilities benchmark their existing and planned smart grid projects and learn from the best practices used by leading utilities around the world.”
OG&E’s smart grid project is one of 99 projects co-funded by the U.S. Department of Energy’s (DOE) Smart Grid Investment Grant (SGIG) program under the American Recovery and Reinvestment Act of 2009. The project has total budget of about $293million with a federal share of $130 million. It includes deployment of 790,215 smart meters, distribution automation equipment for 50 of the company’s 1,064 feeder lines, customer systems such as programmable communicating thermostats for 48,000 customers, and a study of time-based rates such as variable peak and critical peak pricing for reducing peak demand. Based on the results of the study, OG&E decided to roll-out time-based rates to at least 140,000 customers system wide with the aim of deferring construction of a natural gas power plant.