The purpose of this book is to give readers in plain language a fix on the current position of the smart grid and its adoption. This work was conducted under the auspices of a joint u. Renewables, smart grids and cost benefit analysis chapter summary. Smart grid makes it possible to monitor and adjust your energy use through smart meters and home energy management systems that offer 247 rate and usage readings. Thus, based on the underlying assumptions, this comparison shows that the benefits of the envisioned future power delivery system significantly outweigh the. Makes the grid futureproof one of the greatest benefits of smart microgrids is that they are much better positioned than the centralized grid to meet the known and unknown needs of the future. An expert assessment of the benefits, pitfalls and functions author links open overlay panel dimitrios xenias a colin j. The smartmeter program is the first step in creating a smart grid. I think am eligible to answer this question as am currently working on the indias first smart grid. Download pdf 227 kb the department of energys office of electricity oe recognizes that our nations sustained economic prosperity, quality of life, and global competitiveness depends on an abundance of secure, reliable, and affordable energy resources.
The new york times just ran a piece about the stop smart meters movement in the san. The smart grid is enabled by digital technology applied in devices and systems that allows for enhanced sensing and control of grid elements, more widespread information sharing and communication, more powerful computing, and finer control. Project management and benefits analysis of nine smart grid demonstration projects from the former renewable and distributed systems integration program. We explain our plan for demonstrating smart grid, the applications available within a smart grid and the benefits they bring, the estimated dollar costs and value of the benefits smart grid brings, and our plan. Enhancing the capacity and efficiency of existing electric grid better monitoring using sensor networks and communications. Smart grid benefits the smart grid creates the foundation necessary for a number of new technologydriven energy alternatives that will reduce emissions, enable the shift to loweremitting fuel for transportation and encourage more energy efficiency by providing real. We present comparative benefits assessments bas of smart grid demonstrations in the u. Introduction to bdamlai, benefits, challenges and issues 11 2. Our electric grid once gave us a competitive advantage, but now its causing us to fall behind. But while the case for action on smart grid is overwhelming, its not yet clear exactly how and when progress should be made.
Challenges to efficiency and smart grid systems the technological feasibility of the benefits made possible by the smart grid does not guarantee that these benefits will be realized. Hamed mohsenianrad communications and control in smart grid texas tech university 11 according to the national inst. Smart grid is referred to by other names including smart electric grid, smart power grid, intelligrid, and future grid 1. It incorporates into the grid the benefits of distributed computing. It mentions smart grid advantages or benefits and smart grid disadvantages or drawbacks. It reduces electricity losses transmission, distribution etc. Utilities implementing smart grid and smart meter programs must design them to work within their infrastructure. Update epri smart grid advisory meeting october 14, 2009 albuquerque, new mexico steve bossart director, integrated electric power systems office of systems analysis and planning 2 smart grid demonstrations cost and benefit analysis methodology objectives. In addition, it is important to provide targeted support for smart grid. Smart citieshow 5g can help become vibrant smart cities. California smart grid annual report to the governor and. As well as these industrial modernization benefits, smart grid features could expand energy efficiency beyond the grid into the home by coordinating low priority home devices such as water heaters so that their use of power takes advantage of the most desirable energy sources. A smart grid will have high quality of power and reduces the occurrence of distortions of power supply. Advantages of smart grid disadvantages of smart grid.
This document provides a list of key reports and case studies, and will be updated periodically as new materials are published and posted on smartgrid. You will learn what the smart grid is and what it is not. Congress recognized having interoperable standards is a major issue for the development of smart grid. Smart grid data management improves utility system operation reduce the cost and complexity of phasor measurement unit pmu technology while increasing scalability and lowering risk. The smart grid is an alliance of hardware, management and reporting collection of programs. For example, smart charging stations with realtime, twoway communication that allow car owners to connect with power suppliers and utilities when they plug in their vehicles will help manage impacts on the electric grid. A smart grid automatically detects and responds to routine problems and quickly recovers if they occur, minimizing downtime and financial loss. This page covers advantages and disadvantages of smart grid. In 2014, doe concluded that the adoption of smart grid technologies was accelerating but at. Making the business case for smart grid technologies 12. It will enable more efficient, automated management of market parameters. These benefits will result from improvements in the following six key value areas. A government of india enterprise power grid corporation. The smart grid is the evolution of our current electrical grid, using new technology to optimize the conservation and delivery of power.
Smart grids create more than 1,500 of benefits per meter just out of pure electricity management 0 100 200 300 400 500 600 700 800 systemic benefits end user benefits utility benefits regulatory benefits provision of bb vas savings on telephony and vas network management field operations commercial losses gdp growth home gateway peak power. Jun 18, 2010 netl smart grid implementation strategy understanding the benefits of the smart grid v1. The smart grid definition smart grid is a portfolio of systems and technologies designed to provide operational, financial and environmental benefits by integrating modern energy, communications and information technologies with electrical generation, power delivery and consumer electrical systems. Smart grid investment enables an alternative to traditional pricing that can be devised to be. A smart grid has security built in from the ground up. You will get a feel for the issues surrounding it, the challenges ahead, the countless opportunities it presents and the benefits we all stand to gain. Only then will the full power of the smart grid be unleashed for the greater good of society and for energy sustainability. Smart grid implementation strategy project to create alignment in vision and roadmap for deployment of a smart, modern grid. In estimating the consumerdriven benefits of smart meters, we took a very conservative. Steps to performing a smart grid cost benefit analysis smart grid initiatives are taking place all over the world that are utilizing advanced technologies in order to optimize the performance of the power system to the benefit of consumers and society at large, as. At the same time, the benefits of an interactive international research envi ronment will accumulate knowhow of the worldleading ict and smart grid providers. Governments increasingly focus on energy security, investing in the smart grid could be used to reduce dependence on nondomestic energy sources. A compendium of smart grid technologies pdf 311kb aug 2011 sharing smart grid experiences with performance feedback pdf 719kb march 2011 anticipates and responds to system disturbances self heals pdf 1.
What are the benefits of the smart microgrid approach. Benefits and issues article pdf available in international journal of scientific and engineering research 43. Smart grid safeguards our nations position at the forefront of the worlds transition toward a clean energy future. Smart grid projects must be evaluated and justified on an economic basis the challenge for decisionmakers is to evaluate smart grid proposals for renewables rigorously, objectively, and with a welldefined.
Smart grid economic and environmental benefits report. You need the information from smart meters, sensors and other devices and the analytics knowhow to make sense of it all. They allow local communities and commercial campuses to increase the overall electricity supply quickly and efficiently through relatively. In the us, nist has established the smart grid interoperability panel sgip as a publicprivate partnership through which industry and government stakeholders can guide the identification, development, and certification of standards for the smart grid. Efficient transmission and distribution of electricity is a. Every day, youre living the reality of an increasingly digital power distribution system. Energy independence and security act eisa of 2007 assigned national institute of science and technology nist nist framework and roadmap for smart grid interoperability standards.
Understanding the benefits of the smart grid netl department of. It could also make the grid more resistant to military or terrorist attacks, by physical or digital means. Smart grid cost recovery should follow the benefits meaning classification and allocation on an energy and demand basis. Building a smarter grid can help california achieve a more efficient and reliable power grid. Smart grid is equally advantageous for enterprises, retail stores, hospitals, universities and multinational corporations. How a smarter grid works as an enabling engine for our economy, our environment and our future. Feb 01, 2011 public doubts about smart meters the basic components of a smart grid are in the news once again. In this paper some key features of smart grid has been discussed. This vision should include increased exchange of intelligence and coordination on smart grid technology deployment clusters that include utilities, governments and the public. Smart grid applications, standards development and recent. You are clear on the vision, but worry about how to pull it off with aging infrastructure.
Social costs and benefits of smart grid technologies. Smart grid, an upgrade of current system which is more reliable, efficient, affordable, secured and environment friendly, is the solution of this growing concern. A smart grid would have been particularly helpful during hurricane sandy, which knocked out power for a third of homes and businesses in new jersey for days, weeks, and in some cases, months. The costs and benefits of smart meters for residential. Smart grid 101 presentation, chapter electricity markets and. The new york times just ran a piece about the stop smart. A smart grid is an electricity network that can intelli gently integrate the actions of all users connected to it generators, consumers and those that do bothin order. Advanced distribution grid device experience starting point impacts perspective on what is smart and potential benefits national grid s starting point 2 way communications to line reclosers points mapped to ems, fcis wout communications, targeted advanced equipment trialsexperiments including da, no dms system in place. The smart grid creates the foundation necessary for a number of new technologydriven energy alternatives that will reduce emissions, enable the shift to loweremitting fuel for transportation and encourage more energy efficiency by providing realtime electricity usage data to customers. Identified challenges of cba for smart grid investments in current methods are the risk of double counting, categorizing impacts in a relevant way, changing costs and benefits, the validity of scenarios, synergies and the possibilities of transferring results from one context to another. China research effort, the climate change working group ccwg implementation plan, smart grid. Smart meters and flisr technology help utility companies identify power outages immediately.
Smart grid data management improves utility system operation. A smart grid employs innovative products and services together. Best practices in big data analytics for the smart grid 12 3. The smart grid can reduce our carbon footprint and give us more choices about how we use our energy. Smart grid benefits pacific gas and electric company. Smart grid will act as a backbone infrastructure to enable new business models like smart city, electric. The department of energys office of electricity oe recognizes that our nations sustained economic prosperity, quality of life, and global competitiveness depends on an abundance of secure, reliable, and affordable energy resources. One of the advantages of smart grids is that they can tell us the consumption at an energy meter at any time, so users are better informed of their real consumption.
Project management of 30 smart grid investment grants funded from the arra. The smart grid is a compilation of concepts, technologies, and operating practices intended to bring the. Reliability, cost savings, and energy independence are just three of the many benefits of smart grid. Energy doe describes the smart grid as an intelligent electricity. There are a total of 14 pilot projects, out of which mysore city pilot is the first project to be implemented. Smart grid iot smart grid technology and applications. Rather, it attempts to quantify the additional energy and co2 emission benefits inherent in the smart grids potential contribution to the nations goal of mitigating climate change by.
Recommended standards, existing frameworks and future needs 14 4. Unit 1 smart grid application of smart grid give some of. It reduces equipment failures due to automatic operation based on varying load conditions. It analyzes the three experiences to highlight their differences, advantages, and disadvantages. The smart grid consumer collaborative sgcc has conducted national research, which details the benefits that are important to the consumers. Pdf i05958 summary of smart grid benefits and issues. Smart grid devices transmit information in such a way that enables ordinary users, operators and automated devices to quickly respond to changes in smart grid condition systems.
Powergrid a government of india enterprise a maharatna. The electric grid which is smart compare to traditional grid is known as smart grid. Moreover, with better consumption monitoring, contracted power can be adjusted to meet the real need of each consumer. All told, the smart grid promises to increase the efficiency of today. Smart grid consumer benefits united states energy association. Netl smart grid implementation strategy understanding the benefits of the. A smart grid is an evolved grid system that manages electricity demand in a sustainable, reliable and economic manner, built on advanced infrastructure and tuned to facilitate the integration of.
Download pdf 227 kb the department of energys office of electricity oe recognizes that our nations sustained economic prosperity, quality of life, and global competitiveness depends on an abundance of. Secondly, the benefits of the smart grid are substantial. A real implementation of smart grid technologies around the world as well as in egypt is. Plugin electric vehicles are part of the smart grid. Reliability by reducing the cost of interruptions and power quality disturbances and reducing the probability and consequences of widespread blackouts. Smart grid investment offers economic benefits in excess of costs the smart grid appears to offer both direct benefits those which could affect consumers bills and indirect economic benefits to. Pdf electricity has a staggering importance in our daily life and economic development. Smart grid investment offers economic benefits in excess of costs the smart grid appears to offer both direct benefits those which could affect consumers bills and indirect economic benefits to customers. The smart grid definition, benefits, advantages, problems as well as the smart grid vendors was introduced.
This table lists ten 10 expected smart grid societal benefits. Jun 08, 2015 smart grid seminar and ppt with pdf report. White paper on benefit analysis of smart grid projects lbl. Grid impacts, benefits, and lessons learned nov, 2015. Improved power quality a smart grid will provide greater transparency and availability of energy market information. Smart grid, the plans and deployment of smart grid technologies by the states electrical corporations, and the costs and benefits to ratepayers. Cost recovery for smart grid bottom line smart grid investments are made primarily to provide demand and energy savings. The benefits and potential barriers to create a smart grid are. Grid solutions provides a smart energy management solution which controls and optimizes the full range of local energy resources available to solar districts in real time through an array of flexible solutions that are compared and incorporated into the grid. Social costs and benefits of smart grid technologies forum for. The smart grid introduction is intended primarily to acquaint nontechnical yet interested readers about. Smart grid seminar report with ppt and pdf the smart grid has many benefits like decreased the cost of block outs, aids to measure and decrease the consumption of energy, aids the business to decrease their carbon footprints and brings modern opportunities for the technical firms and it means that the job opportunities are created and available.
Smart grid topic 2 smart grid department of electrical. Benefits or advantages of smart grid following are the benefits or advantages of smart grid. Many agree that smart grid offers valuable benefits at many levels to electricity consumers of every size and the utility companies that serve them and to the progress of renewable energy and other new energy technologies. Public doubts about smart meters the basic components of a smart grid are in the news once again.
1431 318 118 1323 553 245 100 69 874 1179 643 847 1321 731 815 1488 1020 421 558 441 250 980 955 723 701 473 1143 713 5 649 614 164 965