Page 10 - Energy Future - Smart Grid the Future of Electricity
P. 10
Energy Storage network can also be used to transport in this regard can be in place to persuade
Plug-in Hybrid Electric Vehicles all other traffic in respect of variety of consumers to use the energy in a
other Smart Grid applications.The utility pre-determined manner considering
(PHEV): Smart Charging and Vehicle to can fetch the required data from the time-of-day metering.This concept, if
Grid (V2G) consumer end instantaneously about implemented, can help both customers
Integrated Energy Management the performance of the grid, outages, (residential and industrial) and utilities to
Home Area Network and faults, and other unwanted incidents. achieve maximum economic operation.
Management System Further integration of distributed With DR implemented in the system,
generation and storage and Demand utilities need not go for expensive
A detailed description of these is as Side management (DSM), etc., can be generator-operation for meeting the
below briefly: managed more effectively once the peak demand and consumers also
last mile network, that is, AMI/FAN is in save money by using off-peak period
Advanced Metering position. electricity rates for the same functions
Infrastructure (AMI) and Field in a modified schedule. DR is considered
Area Network (FAN) Demand Response as a more economical solution than
DR happens to be a great tool operating peaking plants such as gas
AMI,in association with FAN,is perhaps the towards achieving true Smart Grid turbine generators and is faster too.
most important component of end-to-end implementation. Both utilities and Consequently, an environment-friendly
multilayered Smart Grid implementation. customers are going to be benefitted arrangement can be created that will
Metering data collection has been made by DR since this will help in achieving certainly contribute towards lowering the
easy using AMI/FAN infrastructure as the real DSM. During the period of peak carbon footprint.
former no longer depends on manual consumption, consumers can be
visits to the concerned locations, saving motivated to optimize their consumption Grid Optimization
time and money. of electricity by using Smart Grid The delivery of power efficiently and
communication networks. Agreements economically through the transmission
In addition to running advanced
metering applications, the AMI/FAN
october–december 2016 16 energy future
Plug-in Hybrid Electric Vehicles all other traffic in respect of variety of consumers to use the energy in a
other Smart Grid applications.The utility pre-determined manner considering
(PHEV): Smart Charging and Vehicle to can fetch the required data from the time-of-day metering.This concept, if
Grid (V2G) consumer end instantaneously about implemented, can help both customers
Integrated Energy Management the performance of the grid, outages, (residential and industrial) and utilities to
Home Area Network and faults, and other unwanted incidents. achieve maximum economic operation.
Management System Further integration of distributed With DR implemented in the system,
generation and storage and Demand utilities need not go for expensive
A detailed description of these is as Side management (DSM), etc., can be generator-operation for meeting the
below briefly: managed more effectively once the peak demand and consumers also
last mile network, that is, AMI/FAN is in save money by using off-peak period
Advanced Metering position. electricity rates for the same functions
Infrastructure (AMI) and Field in a modified schedule. DR is considered
Area Network (FAN) Demand Response as a more economical solution than
DR happens to be a great tool operating peaking plants such as gas
AMI,in association with FAN,is perhaps the towards achieving true Smart Grid turbine generators and is faster too.
most important component of end-to-end implementation. Both utilities and Consequently, an environment-friendly
multilayered Smart Grid implementation. customers are going to be benefitted arrangement can be created that will
Metering data collection has been made by DR since this will help in achieving certainly contribute towards lowering the
easy using AMI/FAN infrastructure as the real DSM. During the period of peak carbon footprint.
former no longer depends on manual consumption, consumers can be
visits to the concerned locations, saving motivated to optimize their consumption Grid Optimization
time and money. of electricity by using Smart Grid The delivery of power efficiently and
communication networks. Agreements economically through the transmission
In addition to running advanced
metering applications, the AMI/FAN
october–december 2016 16 energy future
