Smart Grid - New Age Electrical Technology

Abstract

A smart grid is an electrical system with a number of operational and energy-saving features, such as: Infrastructure for advanced metering (of which smart metres are a generic name for any utility side device even if it is more capable e.g. a fibre optic router). Home control and demand response are integrated into smart distribution boards and circuit breakers (behind the metre from a utility perspective). Smart appliances and load control switches are frequently financed by efficiency improvements in municipal initiatives (e.g. PACE financing). Renewable energy resources, such as the ability to charge parked (EV) batteries or bigger arrays of batteries recycled from these, as well as alternative energy storage. Resources that are low on energy. Enough utility-grade fibre broadband to link and monitor everything above, plus wireless backup. Sufficient spare capacity, if "black," to ensure failover, which is frequently rented for income. The smart grid includes electronic power conditioning and control of the generation and distribution of electricity. Although most people associate smart grid technology with technological infrastructure, it also implies a fundamental re-engineering of the power services industry.

Keywords: Smart grid, resources, energy