Electricity consumption in india has been climbing steadily for the past few decades. THE electricity market is growing at an accelerating rate due to higher consumption rates in the private, commercial and industrial sectors. Current domestic energy consuming behaviors pose unescapable fatal consequences that affect both production and export levels. Therefore, an urgent action is needed to curb the increasing electricity demand and promote energy conservation. Smart grid is a dynamic solution which can bridge the gap between the current supply and increasing demand in india
What is smart grid?
A smart grid network makes for the ideal bridge where the goals of modernization can meet those of a reliable public infrastructure. Smart grid is a computerized technology, based on remote control network, aiming to completely alter the existing electric infrastructure and modernize the national power grid. This is through empowering the demand response which alerts consumers to reduce energy use at peak times. Moreover, demand response prevents blackouts, increases energy efficiency measures and contributes to resource conservation and help consumers to save money on their energy bills. Smart grid technology represents an advanced system enabling two way communications between energy provider and end users to reduce cost save energy and increase efficiency and reliability.
Advantages of smart grid
The beauty of adapting this technology will spread to not only utility but to all utility users including consumers and government.
Active role of consumer.
The beauty of smart grid is that it provides consumers with the ability to play an active role in the country’s electricity grid. This is through a regulated price system where the electricity rate differs according to peak hours and consequently consumers cut down their energy use at those high stress times on the grid. Thus, smart grid offers consumers more choices over their energy use needs.
Upgrading the Existing Grid
Utilities benefit from improving the grid’s power quality and reliability as mentioned through an integrated communication system with end users with more control over energy use. This is through decreasing services rates and eliminating any unnecessary energy loss in the network. Thus, all these positive advantages will make smart grid technology a smart and efficient tool for utilities.
Contributing to Energy Efficiency
The government of India is in the process of taking bold steps to adapt new energy efficiency standards to reduce domestic energy consumption. For that, adapting and deploying smart grid will enable to modernize the national grid. With the time the government will build efficient and informed consumers as a backbone in its current energy policy. Moreover, this advanced technology will help with electricity reduction targets and contribute to lowering the carbon dioxide emissions. Thus, this is a great opportunity for the kingdom to mitigate with the climate change measures.
A Dynamic Approach
Adoption of smart grid systems will help India in increasing the efficiency of utilities as well as improving the ability of consumers to control their daily energy use. Smart grid technology offers a unique engagement that benefits consumers, utilities and government to become part of the solution. In addition, a smart grid technology is a viable option to enhance the value people receive from the national grid system. This smart transition will give the government a policy option to reduce drastically its domestic energy use, leveraging new technology through empowering the role of consumers’ active participants on the country’s grid.
As peak electricity demand grows across the country, it is important for India to make large-scale investment in smart grid solutions to improve energy efficiency and manage increasing energy demand. Undoubtedly, smart grid is more intelligent, versatile, decentralized, secure, resilient and controllable than conventional grid. However, to reap the benefits of smart grid systems, utilities need to make major changes in their infrastructure and revolutionize the manner in which business is conducted.
