Lynne Kiesling

Lynne Kiesling is a senior lecturer in the Department of Economics in the Weinberg College of Arts and Sciences and in the Social Enterprise at Kellogg (SEEK) program in the Kellogg School of Management, both at Northwestern University. She is also a faculty member in the Northwestern Institute on Complex Systems (NICO) and a faculty affiliate in the Center for the Study of Industrial Organization (CSIO). She is currently a member of the GridWise Architecture Council, a group of 13 experts volunteering their time to articulate the guiding principles for an intelligent, transactive, energy system of the future, and to guide and promote measures to transform the nation's electricity system into a more reliable, affordable, secure network in which users collaborate with suppliers in an information- and value-rich market environment.

Content by Lynne Kiesling

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Traditionally, to meet growing electricity demands, we have simply built more power plants and added lines to distribute the power to customers. But these improvements are expensive, costing up to $2,000 per kilowatt of capacity. To put that in perspective, the average home consumes around 2 kilowatts of power per hour, so building to serve just 1,000 homes could cost $4 million.