Smart energy grid indicates an energy network that allows a two-way communication between suppliers and consumers, while monitoring the network condition in real time i.e., electricity production, consumption and distribution...
The electric power industry needs to be transformed in order to cope with the needs of modern digital society. Customers demand higher energy quality, reliability and a wider choice of extra services, at the same time they want energy prices to be lower.
As a consequence, a structural change in traditional electricity supply systems is demanded, which provides alternative solutions of grid integration as well as daily electricity system operation at minimal cost for society. The vision for Smart Grid is due to growing recognition for electricity grid modernisation to integrate, enable new electricity generation sources and consumption schemes. Modern power grid needs to be smarter in order to provide an affordable, reliable and sustainable supply of electricity.
The physical implementation of the smart grid communication faces tough challenges to ensure the network connectivity. The diversity in the physical characteristics of the grid, reliability, scalability and security aspects necessitates the need for applying various communication technologies to implement the network in the smart grid. The implementation of smart grid is not going to be an easy task in India – as the Indian power sector poses a number of issues such as minimising T&D losses, power theft, inadequate grid infrastructure, low metering efficiency and lack of awareness.
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