Scientific Essay from the year 2014 in the subject Technology, grade: 1.33, Jacobs University Bremen gGmbH, course: USC: Society and Technology, language: English, abstract: The following paper presents the 'Smart-Grid VDAR' technology presented at CeBIT, Hannover. The idea and structure of the technology is subsequently introduced followed by a social analysis of the technology. Some of the relevant groups identified were: consumers, producers, environmentalists and the government. High installation costs and health concerns were addressed as the main problems concerned with the use of technology. Finally, the aim of European Union to adopt a smart grid within the next decade is highlighted which is an indication of an overall positive outlook towards the technology.
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