Environmental Impact
Energy Independence
Green Jobs
Rising Costs
Power Reliability
Modern Infrastructure
Modern Infrastructure
Issues

With only 4% of the world’s population, the U.S. consumes more petroleum than any other country on the planet—about 24%.1 In 2007, we imported 58% of the petroleum we consumed.2 Since we produce less than half of the oil we use, we must rely on other countries for imported oil—oil that is currently essential to the continued growth and function of our society.

In the United States, we spend more than $200,000 per minute on foreign oil.3 That’s about 13 million dollars an hour. President Obama recognizes the threat of this energy dependence, and addressed our country’s oil addiction in a recent speech.

"At a time of such great challenge for America, no single issue is as fundamental to our future as energy. America's dependence on oil is one of the most serious threats that our nation has faced... It puts the American people at the mercy of shifting gas prices, stifles innovation and sets back our ability to compete."4

 
 
 

We as a society must learn how to do more with less—and quickly. This is where smart grid has a role.

Opportunities

Smart grid enables us to do more with less and reduce our addiction to foreign oil through increased energy efficiency on the grid, by facilitating the acceptance of clean renewable energy resources and electric cars, and by empowering consumers to manage energy usage, helping them decrease consumption and save money.

These smart grid solutions can slow our country’s consumption of fossil fuels and foreign oil, contributing to greater energy independence. In addition, carbon emissions and greenhouse gases will be reduced, ultimately helping our environment.

 
 
  1) Energy Information Administration. "How dependent are we on foreign oil?". August 2008.
2) Energy Information Administration. "How dependent are we on foreign oil?" . August 2008.
3) Natural Resources Defense Council. "Safe, Strong and Secure: Reducing America's Oil Dependence." 2004.
4) The White House Blog. "From Peril To Progress." President Barack Obama. January 26, 2009