Abstract
The existing Power Grids are antiquated inefficient in many ways and it does not take full new automation technologies that for example can prevent an outage or restore power much faster after an outage. It does not take advantage of new materials which can make the equipment throughout the grid more efficient. This technology propo method for better implementation of smart grids that integrates technologies of advanced sensing, control methodologies and communication capabilities into the current power grids at both the transmission level and distribution levels. In principle, the smart grid is an upgrade of the common electricity grids. This upgrade is expressed in the ability to operate in conditions of uncertainty in order to route the power supply in an optimal way that responds to a wide variety of situations, to encourage users in off-peak hours and charge premium rates from consumers who use energy during peak hours. The key to this capability is fast, accurate and two transmission of information between all parts of the grid. Situations that require fast response can occur at all parts of the grid – at the chain of production, transmission and consumption. The source of the event could be in the environment (sudden cloudiness that decreases solar power, or a very hot day that increases the demand for air conditioning), in parts of the grid itself (sudden failures, the need for proactive maintenance) or in the demand (work hours compared to hours of rest). 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”.
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