World Under In Smart Grid Technology

Current Status Of Smart Grid Technology

Top Ten Smart Grid Federal Stimulus Investments by Country, 2010 (in U.S. Millions)

1.     China:                     $7,323

2.     US:                          $7,092

3.     Japan:                    $849

4.     South Korea:        $824

5.     Spain:                    $807

6.     Germany:              $397

7.     Australia:              $360

8.     UK:                         $290

9.     France:                  $265

10.    Brazil:                  $204

A recent research report published by Innovation Observatory reveals that utilities worldwide will spend US$378 billion in Smart Grid technologies by 2030. However, the lion share (almost 80%) of the total investment will be taken by only 10 countries. The United States will be leading the Smart Grid investment for the next five years. By 2030, it will spend US$66 billion for intelligent smart grid infrastructure. Apart from smart meters, the investment will be geared towards grid automation, communication infrastructure, IT systems and hardware, home area network, and system integration. China, which will take over the US as the leading Smart Grid market by 2016, will supposedly spend US$99 billion by 2030, which includes roll-out of 360 million Smart Meters.

The two emerging nations India and Brazil also have massive smart grid investment plans and are among the top 10 list. India, which will be third largest smart grid investment market, is set to install 130 million Smart Meters by 2021. At present, the market in India is nascent with only few smart meters roll out happ grened. But it seems gather the pace from 2012 onwards. During the same time period, Brazil, which will be the sixth largest smart gird market, is set to replace 63 million smart meters.

The other members of the top 10 includes leading European countries the UK, Germany, France, and Spain and Japan and South Korea from the Asia Pacific region.

The competition to win the contracts will be fierce among the technology suppliers to tap the massive market opportunity. Companies will have to tailor their strategy based on the scale of the project, the region of the market, their expertise, and smart grid value chain they operate in.

 Advantage Of Smart grid

A British smart grid will help to deliver a low carbon economy, a better deal for consumers and will help secure our energy supply.

As if this wasn't enough, the specific benefits are compelling.  It's why countries around the world are putting smart grid at the heart of their energy policy, and it's why Britain needs to make it a priority.

The vast array of possibilities for the smart grid are only just being understood, so the benefits listed below are just the start.

Smart grid technologies will offer consumers a large number of benefits including:

§  Better information on energy consumption which will allow consumers to change their energy use so that they spend less and reduce their energy footprint.

§  It will allow them to generate their own electricity.

§  It will mean that the costs of upgrading our infrastructure to meet the needs of the country are minimised and energy price increases are minimised.

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Smart grid technologies will be able to deliver energy efficiencies through, amongst other things:

  Energy usage understanding;

 Peak demand control;

 Advanced metering infrastructure (AMI);

  Automated energy system operation.

Smart grid technologies will build a partnership between consumers and the energy supplier to enable the supply and delivery of energy in the most cost efficient manner so that we achieve the growth of the economy that we all need with the smallest impact on the environment.

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Smart grid technologies can deliver:

  Reduced losses by limiting power disruptions;

  Improvements in the operational efficiency of utilities;

 Savings for utilities and customers through more efficient operations.



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Smart grid technologies are able to integrate the large quantity of renewable sources of energy that our ambitious carbon and energy security targets require, within traditional power supplies at both the distribution and transmission level – from wind power to electric vehicles. This capability to integrate renewable into the grid will give rise to the ability of consumers to sell energy back to the main grid.

Smart Grid will guarantee security of supply through:

 The use of sensors and automated operations that will reduce the threats of blackouts - a major future threat as Britain's energy usage increases;
 

 Detection of specific issues within the grid;

 Negating issues relating to supply problems caused by errors, threats and natural disaster.

 Smart Grid technologies will also enable the easier detection of electricity theft.



As a smarter grid enables greater uptake of energy from renewable sources it is expected that it will help reduce Great Britain’s dependence on coal and oil. In turn, the deployment of smart grid infrastructure has major implications for the fight against climate change.

The following technology solutions are generally considered when a smart grid implementation plan

is developed:

· Advanced Metering Infrastructure (AMI)

· Customer Side Systems (CS)

· Demand Response (DR)

· Distribution Management System/Distribution Automation (DMS)

· Transmission Enhancement Applications (TA)

· Asset/System Optimization (AO)

· Distributed Energy Resources (DER)

· Information and Communications Integration (ICT

The deployment of these technology solutions is expected to create improvements in the six key

value areas—reliability, economics, efficiency, environmental, safety and security.

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