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Smart Grid

The document discusses key aspects of smart grids including their definition, characteristics, and relationship to industry 4.0 and blockchain technology. A smart grid is an electrical grid that uses automation, communication, and IT systems to monitor and control power flows in real-time. It aims to efficiently distribute electricity through a peer-to-peer network without intermediaries. Blockchain can enable secure energy transactions without a trusted third party by executing smart contracts. Industry 4.0 principles of interconnection and data processing are applied in smart grids to make distribution more efficient, decentralized, flexible, reliable and secure through integration of distributed energy sources.

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41 views9 pages

Smart Grid

The document discusses key aspects of smart grids including their definition, characteristics, and relationship to industry 4.0 and blockchain technology. A smart grid is an electrical grid that uses automation, communication, and IT systems to monitor and control power flows in real-time. It aims to efficiently distribute electricity through a peer-to-peer network without intermediaries. Blockchain can enable secure energy transactions without a trusted third party by executing smart contracts. Industry 4.0 principles of interconnection and data processing are applied in smart grids to make distribution more efficient, decentralized, flexible, reliable and secure through integration of distributed energy sources.

Uploaded by

Anuj Suthar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd
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SMARTGRID

SEMINAR BY - NISHANT ATREJA


ROLL N0 - 19001007030
BTECH(EL) 6TH SEM
SMARTGRID

[1]
SMARTGRID

• Smart Grid is an Electrical Grid with Automation, Communication and IT systems that can
monitor power flows from generation to consumption and control the power flow or curtail
the load to match generation in real time or near real time.
• There are particular countries which have the distinctive thought of the smart grid. For
instance, China would like to set up a comprehensive and robust intelligent system
framework that joins all the age, transmission and dissemination portions to utilized, while
the smart structure is portraying inside the national structures of Association of the
structure[2]

• Curtail- to make something shorter or smaller; to reduce


A smart grid is defined by an electricity grid, which integrates the behaviour
and actions of all entities connected. There are three types of entities;
generators, which generate electricity; consumers, which consume electricity;
and those which can do both. Together, these entities create a peer-to-peer
network to ensure efficient distribution of the electricity; maintain low losses
and high level of quality, the security of electricity supply.
A peer-to-peer network eliminates intermediaries and trusted entities in
trading, giving the buyers and sellers the freedom of preferences, choices,
and prices.[4] Previous research demonstrates the possibility of a blockchain
with a smart contract capability to enable energy trading without a trusted
entity. A peer-to-peer energy transaction project also being developed by
Transactive Grid in Brooklyn, USA. It utilizes permissioned blockchain as a
transaction platform between entities on a residential scale
Blockchain
Blockchain is a technology, which enables a community to maintain trust.
Previous research mapped and used essential data on the smart grid and utilized
Rainbow Chain technology to manage transactions. The blockchain uses Proof of
Work and capable to execute the smart contract, to record and executes transactions.
A study conducted by PwC for German Consumer Advice Center pointed three
critical aspects of blockchain technology to be succeeded in the energy sector,[3]
• (1) User-friendly, easy to use and effective application,
• (2) cost efficiency verification process,
• (3) Value-added offered by the blockchain.
Industry 4.0 and the smart grid
• Industry 4.0 is the fourth industrial revolution concept introduced in 2011
(Kagermann et al., 2011)
• There are four main principles in Industry 4.0;
the interconnection of the machines through the internet; data processing
trough information transparency to make a better decision, support system,
and intelligent entities able to make decisions and perform the autonomous
task
1) In the Industry 4.0 contexts, a smart grid uses advanced information and
communication system to connect power generators, distribution stations,
and consumers. Advanced data processing allows the processes of electricity
distribution to be more efficient, decentralized, flexible, reliable, and secure.

2) A smart grid also integrates the use of renewable energy sources into the
existing power grid, to supply electricity demand

3) Additional entity and functionality bring challenges for the existing grid,
not only to the infrastructure but also on the transactional level.
Characteristics of Smart Grids
 
The following pellet points briefly embody the main characteristics of smart grids that have
been described in the literature[7– 9].
1. Integrable distributed ledgers that include sustainable energy sources.
2. It must constantly carry out dynamic optimization of community operation
3. They need to have digitized statistics and control technology to boom the reliability and
performance of the energy grid.
4. It should have Demand Side Response (DSR) programs and demand side cash registers.
5. Integrable smart appliances.
6. They are fortified against cyber threats.
7. They should have advanced warehouse distortion and cutting-edge technologies,
including crossovers and plug-in electric vehicles
References
1. Source google
2. Erol-Kantarci Melike, Mouftah Hussein T., Energy-efficient information and communication
infrastructures in the smart grid: a survey on interactions and open issues. IEEE Commun Surv Tutor
2015;17(1):179–96
3. Blockchain Luxembourg, S.A. Blockchain Size
4. Peer to peer distributed energy trading in smart grids: A survey Energies, 11 (6) (2018), p. 1560
5. Agung A.A.G., Handayani R., Blockchain for smart grid J. King Saud Univ.- Comput. Inf. Sci. (2020)
6. Ahl A., Yarime M., Tanaka K., Sagawa D., Review of blockchain-based distributed energy: Implications
for institutional development Renew. Sustain. Energy Rev., 107 (March) (2019), pp. 200-211
7. Ipakchi, A.; Albuyeh, F. Grid of the future. IEEE Power Energy Mag. 2009,7, 52–62. [CrossRef]
8. Nafi, N.S.; Ahmed, K.; Gregory, M.A.; Datta, M. A survey of smart grid architectures, applications,
benefits andstandardization. J. Netw. Comput. Appl. 2016,76, 23–36. [CrossRef]
9. Fang, X.; Misra, S.; Xue, G.; Yang, D. Smart grid—The new and improved power grid: A survey. IEEE
Commun.Surv. Tutor. 2012,14, 944–980. [CrossRef]

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