Journal of Current Trends in Electrical Engineering ISSN: 3107-4375 (Online)

Authors:-Govind Rai Goyal, Mohit Kumar Jain

Abstract:-Smart Grid is sophisticated, digitally enhanced power systems where the use of modern communications and control technologies allows much greater robustness, efficiency and flexibility than today’s power systems. One subset of smart grids is smart metering / advanced metering infrastructure (AMI) etc. Smart Grid envisages providing choices to each and every customer for deciding the timing and amount of power consumption based upon the price of the power at a particular moment of time, apart from providing choices to the consumer and motivating them to participate in the operations of the grid, causing energy efficiency and accommodating all generation and storage options, Smart Grid also envisages various properties for the Grid like self-healing and adaptive The suite of Smart Grid products and technologies help maximizing system uptime, while also helping the utility more quickly to restore power to homes and businesses in the event of an outage. Government of India has recently formed “Smart Grid Forum†and “Smart Grid Task Force†for enablement of smart grid technology into Indian Power Distribution Utilities as a part of their Smart Grid initiative to meet their growing energy demand in similar with the developed country like USA, Europe etc.