Smart Grid

Created by: Lipi Chhaya

A power grid with an integration of electrical and communication infrastructure to facilitate advanced metering, real time monitoring and control, distributed generation, consumer participation, renewable power generation and distribution, distribution automation, storage, fault diagnosis and healing, disaster recovery, device to device communication, IoT for grid management, reduced carbon emissions, EVs, PHEVs etc. in order to enhance reliability, security, safety and efficacy of generation, transmission, distribution and consumption of electric power supply.

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Smart grid can be characterized by full duplex communication, integration of renewable energy resources, advanced metering infrastructure, real time monitoring and control, distribution automation, active involvement of consumers, sensing and measurement of various parameters, reliable and consistent electricity etc. Transmission and distribution losses existing in primitive grid can be eliminated by deployment of Smart grid. Key benefits of Smart grid can be summarized as follows.

·                     Improved power quality

·                     Energy efficiency

·                     Reduced carbon emissions

·                     Elimination of energy theft and pilferages

·                     Dynamic pricing

·                     Real time management

·                     Less dependence on scarce primary energy sources

·                     Reliability and consistency of power

·                     Rapid disaster recovery

·                     Consumer friendly smart devices for active involvement

·                     Asset management

·                     Minimization of losses

·                     Waste heat management

·                     Cloud based operation and management, IoT

·                     Greater transparency in billing and elimination of errors

Cite this article

Lipi, Chhaya. Smart Grid, Encyclopedia, 2018, v2, Available online: https://encyclopedia.pub/16