Summary of Smart Grid: Benefits and Issues (original) (raw)
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I05958 Summary of Smart Grid Benefits and Issues
Electricity has a staggering importance in our daily life and economic development. Efficient transmission and distribution of electricity is a fundamental requirement for every society. Shortfall in power generation due to increased power demand to meet up the industrial requirements is causing several social and economic difficulties. As things stand now, the current grid is struggling to keep up. Smart Grid, an upgrade of current system which is more reliable, efficient, affordable, secured and environment friendly, is the solution of this growing concern. It is believed that Smart Grid will take us towards energy independence and environmentally sustainable economic growth. In this paper some key features of Smart Grid has been discussed. The benefits and potential barriers to create a Smart Grid are alsoexplained.
Smart grid system And Challenges in its implementation
Smart Grid, 2023
The development and implementation of a smart grid for power supply is one of the pressing issues in modern energy economy, given high national priority and massive investments, although the entire subject is still in its infancy stage. The smart grid delivers electricity from producers to consumers using two-way digital technology, and allows control of appliances in the consumers' houses and of machines in factories to save energy, while reducing costs and increasing reliability and transparency. Such a modern electricity network is promoted by many governments as a way of handling energy independence, global warming and security of supply. Smart meters are part of the smart grid, but do not themselves constitute a smart grid. A smart grid includes an intelligent monitoring system that keeps track of all the electricity that flows in the system. It could incorporate the use of super-conducting transmission lines to reduce losses, as well as the ability to integrate electricity from alternative sources such as solar and wind. When electricity cost is low, the smart grid can offer the customer to run intensive consumption household appliances, such as washing machines, or processes in plants that operate at flexible hours. On the other hand, smart grid at peak hours can, in coordination with the client, turn off selected appliances and machines to reduce demand. Smart grid will bring many benefits to energy economy, including optimal production of electricity and combining storage while reducing the need for it, a natural integration of decentralized producers - in particular from renewable energy sources, efficient planning of power consumption to reduce consumer costs, and security of supply. The network will enable metering and monitoring, consumption management and many other benefits, the most important of which is a reduction of total consumption and intelligent exploitation of energy resources.This research shows how the Smart Grid is efficient and reliable and what kinds of benefits are being given by smart grid over the existing power system
A Comprehensive Study of Smart Grids
International Journal of Computer Applications, 2014
In this paper, various aspects of smart grids are described. These aspects include the components of smart grids, the detailed functions of the smart energy meters within the smart grids and their effects on increasing the awareness, the advantages and disadvantages of smart grids, and the requirements of utilizing smart grids. To put some light on the difference between smart grids and traditional utility grids, some aspects of the traditional utility grids are covered in this paper as well.
Evolution of Smart Grid and Some Pertinent Issues
At present there is a universal anxiety about the economic decline and a greener globe which is correlated to an improved and efficient system to generate and transmit electric power. With the initiation of the plug-in electric vehicles and renewable energy generators, a smarter, more efficient and customer-friendly power grid is indispensable that is “Smart Grid”. This paper depicts the importance, characteristics and evolution of smart grid. The allied new concerns, environmental impacts and benefits of smart grid are illustrated here. In brief platform for smart grid R&D is also portrayed It is highlighted that though the smart grid implementation is promising, it faces mammoth challenges. The voyage to smart grid is an extensive when diverse technologies will coexist. Finally the future key challenges are enlisted as a guideline for the successful implementation of Smart Grid for the sustainable future.
Smart Grid Concepts and Comparison WithTraditional Grid
2021
Smart Grid integrates the traditional Electric power grid with information and communication technology. The integration empowers electrical utilities provider and consumers to improve efficiency and availability of power system, while constantly monitoring, controlling, Demand of customers. This paper Deals with the concepts of smart grid, starting from introduction of smart grid, what is need of smart grid in today’s world and components used in smart grid. This paper attempted to give an overview about smart grid and concepts related to it and how it is different from traditional grid.
A Review of the Smart Grid Concept for Electrical Power System
International Journal of Energy Optimization and Engineering, 2019
The review this article conducts is an extensive analysis of the concept of a smart grid framework with the most sophisticated smart grid innovation and some basic information about smart grid soundness. Smart grids as a new scheme for energy and a future generation framework encourages the expansion of information and progress. The smart grid framework concord will potentially take years. In this article, the focus is on developing smart networks within the framework of electric power systems.
This paper briefly discusses evolution of Smart Grid development. Smart Grid is important as it will take us towards energy independence and environmentally sustainable economic growth. Growth of Smart Power Grid in India will slowly but surely take us towards fulfilling the dreams of former President Dr. A.P.J. Abdul Kalam, "Energy for all and Energy forever".
ADVANTAGES AND RECENT DEVELOPMENT OF SMART ENERGY GRID
The commonly utilized smart grid technology helps to reduce losses and increase system stability. It promotes dependability, effectiveness, and efficient management of the electrical energy supply. Although it has been a popular issue for recent papers, academics still don't fully comprehend it. Since this subject requires a broad foundation, the goal of this review effort is to enlighten and assist beginning researchers. It is difficult for the current electric transmission and distribution networks to deliver resiliency in performance, dependability in service, and real-time data. While conventional networks lack the flexibility to interact with renewable energy generators or micro grids, smart grid is a potential network maneuver to stabilize the system whenever any disruptions break out employing distributed renewable energy producers. This thorough effort is done to map earlier contributions in a logical way, and it includes the requirements, features, and principles that are offered to help readers who are interested in the creation of smart grids.
ADVANTAGES AND RECENT DEVELOPMENTS OF SMART ENERGY GRID
RENEWABLE ENERGY AND SMART GRID SYSTEM, 2022
The commonly utilized smart grid technology helps to reduce losses and increase system stability. It promotes dependability, effectiveness, and efficient management of the electrical energy supply. Although it has been a popular issue in recent papers, academics still don't fully comprehend it. Since this subject requires a broad foundation, the goal of this review effort is to enlighten and assist beginning researchers. It is difficult for the current electric transmission and distribution networks to deliver resiliency in performance, dependability in service, and real-time data. While conventional networks lack the flexibility to interact with renewable energy generators or microgrids, the smart grid is a potential network maneuver to stabilize the system whenever any disruptions break out employing distributed renewable energy producers. This thorough effort is done to map earlier contributions logically, and it includes the requirements, features, and principles that are offered to help readers who are interested in the creation of smart grids.
Smart Grid Technology -The Future of Power Network: A Review
IRJET, 2022
The depletion of energy resources with the increases in demand of power pushes the world towards the smart power management system to balance it. This paper briefly discusses about the Auto Healing System popularly known as Smart Grid. This emerging technology leads to better utilization of energy with great efficiency. The system integration of Renewable Energy Resources (RER) with traditional plants brings better reliability and security to the system. The bidirectional flow of energy and information helps to provide the real time consumption detail to the consumers will make it more adaptable. Big Data collection through Advanced Metering Infrastructure and processed in a meaningful manner is a challenge to the system. Security management is also key concern in this area.