Scribd Logo
Upload

Welcome to Scribd!

  • 1 views

    Smart Grid Challenges and Opportunities

    Uploaded by

    transientps

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd

    Smart Grid Challenges and Opportunities

    Uploaded by

    transientps
    1 views18 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    1 views18 pages

    Smart Grid Challenges and Opportunities

    Uploaded by

    transientps

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 18

    SMART GRID

    CHALLENGES AND
    OPPORTUNITIES

    Dr. RAVI,K
    Professor/ SELECT
    VIT University,
    Vellore
    The key challenges for Smart Grids that have been
    identified as follows:
    ● Strengthening the grid: This is necessary to ensure that
    there is sufficient transmission capacity to interconnect
    energy resources, especially renewable energy resources,
    across Europe.
    ● Moving offshore: This requires developing the most
    efficient connections for offshore wind farms and for other
    marine technologies.
    ● Developing decentralized architectures: This is vital for
    enabling smaller scale electricity supply systems to operate
    harmoniously with the whole system.
    ● Communications: This means delivering the right
    communications infrastructure that allows potentially millions
    of parties to operate and trade in a single electricity market.
    .
    ● Active demand side: This is important to enable all consumers,
    whether they have their own generation or not, to play an active
    role in the operation of the system.
    ● Integrating intermittent generation: This means finding the
    best possible ways of integrating intermittent generation,
    including residential microgeneration
    . ● Enhancing the application of intelligence: This should be
    applied to generation, demand, and most importantly to the grid.
    ● Capturing the benefits of DG and storage: This may include,
    for example, the use of DG to support the network.
    ● Accommodating electric vehicles: While it is vital that Smart
    Grids should accommodate the needs of all consumers,
    accommodating electric vehicles are particularly important due
    to their mobile and highly dispersed character and their possible
    massive deployment in the near future. This will impose a major
    challenge to the future electricity networks
    SG Opportunities
    • The electricity management system that utilizes Al and loT technology
    to optimize energy usage and reduce costs presents several
    opportunities for both consumers and utility companies:
    • Cost Reduction: The implementation of this system allows consumers
    and utility companies to significantly reduce energy costs by optimizing
    energy usage and minimizing wastage.
    • Increased Efficiency: The Al-based algorithms employed in the system
    can analyze energy consumption patterns and suggest strategies to
    increase energy efficiency, leading to reduced resource wastage and
    improved productivity.
    • Remote Monitoring and Control: With an Al-powered electricity
    management system, consumers and utility companies can remotely
    monitor and control energy consumption, enabling real-time data insights
    and proactive adjustments for improved performance
    .• Flexible Demand Response: The system facilitates the implementation of demand
    response programs, where consumers can adjust their energy usage based on supply-
    demand dynamics, enabling a more balanced energy grid and avoiding blackouts
    during peak demand periods.
    • Integration with Renewable Energy Sources: By actively managing energy usage,
    the system can integrate renewable energy sources such as solar and wind power
    more effectively, reducing dependency on fossil fuels and promoting sustainability.

    • Data Analytics and Predictive Maintenance: Utilizing Al and lot, the system can
    collect and analyze vast amounts of energy consumption data, enabling predictive
    maintenance and proactive identifying of system malfunctions or energy wastage,
    leading to improved reliability and reduced down time.
    These opportunities showcase how the application of Al and lot in the electricity
    management system can revolutionize energy management practices, reduce costs,
    enhance efficiency, facilitate renewable integration, and empower consumers and
    utility companies with real-time insights into their energy usage.

    You might also like