Smart Grid Technology Definition

The smart grid takes advantage of the declining costs in computing and telecommunications to enable more intelligence to be embedded into the power grid.

Smart grid technology definition. This system allows for monitoring, analysis, control and communication within the supply chain to help improve efficiency, reduce energy consumption and cost, and maximize the transparency and reliability of the energy supply chain. However, table 1[3] below shows a good comparison between today’s grid with the smart grids in the future. Applications of a smart grid system.

The european technology platform (etp) for the electricity networks of the future (smartgrids) is a european commission (ec) initiative that aims at boosting the competitive situation of the european union (eu) in the field of electricity networks, with a particular focus on smart power grids. The “grid” is the electrical network serving every resident, business and infrastructure service in a city. In much the same way, full implementation of the smart grid will evolve over time.

Smart grid engineers focus on smart grid technology in their work. [1] [2] electronic power conditioning and control of the production and distribution of electricity are important aspects of the smart grid. Career definition of a smart grid engineer.

Hence smart grid is a generic label for the application of computer, intelligence and networking abilities to the existing dumb electricity distribution systems. It will take some time for all the technologies to be perfected, equipment installed, and systems tested before it comes fully on line. Smart grid initiatives seek to improve operations, maintenance and planning by making sure that each component of the electric grid can both 'talk' and 'listen.' another major component of smart grid technology is automation.

The “smart grid” is the next generation of those energy systems, which have been updated with communications technology and connectivity to drive smarter resource use. It's been called electricity with a brain, the energy internet, and the electronet. This site is supported by the office of electricity delivery & energy reliability within the u.s.

Such system is capable of transmitting and receiving data for information, monitoring and control purpose, using a form of electronic communication and. By 2020, the cumulative smart grid technology market is expected to surpass the $400 billion mark. It is an electric grid that uses information and communication technology to gather data and act on information about the behaviour of suppliers and consumers in an automated fashion.