Smart grid overview purdue smart grid initiative the us electric grid is a complex network of independently owned and operated power plants and transmission lines that powers our factories, homes and schools. Overview of activities and players in smart grids the purpose of this short paper is to provide a brief overview of smart grids a smart grid is an electricity. The smart grid is a modernized electric system that combines advanced communications and controls to create a responsive and resilient energy delivery network. 1 | page smart grid overview trilliant, inc missionpoint capital partners what is the smart grid the smart grid is a collection of energy control and monitoring devices, software, networking and. Why read this report the smart grid market is ramping up quickly this market will reach tens of billions of dollars in the next three years the top three areas of investment are generation and distribution, customer applications, and grid optimization.
Smart-i-208 for: geneva, 22-26 august 2011 document date: saved by ho-107431 at 09:58:38 on 19082011. December 2011 the information presented in this overview is based on a report of emerging smart grid deployments and plans prepared by saic for the us energy information administration (eia), the statistical and analytical agency within. A smart grid is an electrical grid which includes a variety of operational and energy measures including smart meters, smart appliances, renewable energy resources, and energy efficient resources. This paper presents an overview of the current status of the development of the smart grid in great britain (gb) the definition, policy and technical drivers, incentive mechanisms, technological focus, and the industry's progress in developing the smart grid are described.
Smart meter is one of the most important devices used in the smart grid (sg) the smart meter is an advanced energy meter that obtains information from the. Jevan fox research analyst bob gohn senior analyst clint wheelock managing director executive summary: smart grid technologies networking and communications, energy management,. Global smart grid market was valued at usd 377 billion in 2012 and is expected to reach 1181 billion in 2019, growing at a cagr of 182% from 2013 to 2019the smart grid refers to the modernization of the conventional power grid, which allows for a more reliable and secure electrical service. Why read this report smart grids are the modernization and digitization of aging, inefficient, and unreliable power grids smart grids will bring many tangible benefits to both home and business energy consumers, such as lower costs and integration of cleaner energy sources.
After a brief overview of the global smart grid security market, the report analyzes the market dynamics. 2 1 overview of the smart grid blackouts in the northeast of america in 2003 and in india in 2012 happened during summer when usage of air conditioning systems was at its peak. Demand overview as a result the group agreed to expanded engagement with stakeholders that are shaping the smart grid landscape from across the. Smart grid generally refers to a class of technology people are using to bring utility electricity delivery systems into the 21st century, using computer-based remote control and automation.
2016 ita smart grid top markets report 1 this case study is part of a larger top markets report for additional content, please visit wwwtradegov/topmarkets. Iec smart grid standards mapping the smart grid architecture view provides a pictorial overview of the grid it includes clusters that form the generic smart grid.
Dedicated partners in maximizing your efficiency smart grid services is it possible to reduce risk, shorten critical timelines and increase customer satisfaction. Smart grid can simply be defined as the deployment of information technology and also communication technology with the aim of improving the way.
Technology and digital business trends are pushing utilities to adopt smart grid initiatives that will improve grid resilience, integrate consumers into energy markets and enable new energy provisioning models driven by sector digitalization. The evolving smart grid, with increased use of renewable energy generation and distributed energy management. Smart grid engineering is the key for a beneficial use of widespread energy resources, it is a modernized electrical grid that uses analog or digital information and communications technology. We can make greater use of clean energy technology with a flexible and dynamic grid grid can deliver cleaner energy in smart meters and other grid.Download