Overview and Evaluation of the Smart Grid

Overview and Evaluation of the promising football fieldThe impudent Grid, Smart City political platform was arguably one of the widest-ranging engineering science assessments of irreverent storage-battery control grid products in the world. It saw The deployment and testing of several smart in-grid and customer-focussed engineering groupings crossways the Ausgrid network and mightAustralia retail business in New South Wales Examined the impacts and benefits of additional distributed contemporaries and distributed storage solutions Involved approximately 17,000 electricity customers in consumer-focussed trials examining how residential customers could contribute to peak demand management through behavioural changes The Smart Grid, Smart City Program focused on residential customers, as they represent the bountifulst user group in Australia, and generally prepare more discretion over when and how much energy they use. Little was known before the Smart Grid, Smart City trials about how customers perceived, or how they might respond to, the opportunities that smart grid technologies offer. Most residential electricity customers in Australia are currently provided with limited information and very few incentives and tools to manage their domestic electricity use. A quarterly electricity bill is the main source of customer feedback, and this only shows the total get along of energy used during the previous three months, limiting the opportunities to systematically modify behaviour in nightspot to save electricity and money. Based on the trials undertaken, this final Smart Grid, Smart City report, Shaping Australias muscularity Future National Cost Benefit Assessment found the potential for a net economical benefit of up to $28 billion ($2014) over the next 20 years from the deployment of smart grid technologies in Australia. This report demonstrates that there are four divulge aspects to realising these benefits and improving consumer pricing ou tcomes Technological tuition and deployment of enabling (smart grid) technologies The introduction of cost reflective electricity pricing including dynamic tariffs Consumer behaviour change with find to electricity consumption (to better manage any future growth in peak demand) Energy market reform4 (many aspects of which are already underway) Realising the potential benefits requires an integrated solution if any one aspect is non implemented, then the extent of net national economic benefits available will be reduced. A large proportion of the net benefits identified can be derived from the economic deployment of a number of in-grid technologies which improve operating(a) efficiency, reduce capital investment (through better managing peak demand) and deliver improved dependability for consumers at a lower cost. There are vast differences across Australias electricity grid, from highly populated suburban areas to sparsely populated rural areas, and several(predicate) smar t grid technologies are better suited in different circumstances. For those Australians living in suburban areas, there are significant potential benefits from certain in-grid technologies. Likewise, for less obtusely populated rural networks, there are alternative in-grid technologies which can assist in improving the reliability and cost of managing the grid.Smart grid can simply be defined as the deployment of Information engineering and besides communication technology with the aim of improving the way electricity is generated, transported, distributed and stored. Across Australia, the scattering and the retail value chain elements primarily makes up the smart grid system. However, the impact also cut across how electricity is generated and transmitted. In this report, the smart grid smart city program which was funded by the Australian political sympathies will be examined. The smart grid study focused primarily on residential distribution network and also with the introduct ion of a information centre for information processing. Smart grid technology find application in several purposes which can be grouped into customer side application, key enabling application, grid-side application, renewables, distributed energy and electric vehicles, data collection, processing and back-office. Several logical layers can also be used to represent each of the applications which could be traditional power systems equipment, communications network, computing capability, and also smart grid application layer. The Smart Grid Smart City (SGSC) program is one of the largest smart grid projects in the world. It was announced in 2009 by the Australian government with the aim of implementing smart grid technology at a large scale in line with the National Energy Efficiency green light (NEEI). It happen to be the first large scale smart grid project in Australia which was punish by Ausgrid and its partners. The project was aimed at showcasing the importance of the deploy ment of smart grid technology in commercial scale, structure both public and corporate awareness of the economic and environmental benefits of smart grids, gathering an elaborate data with the aim of informing wider industry implementation of the various applications of smart grid across Australia, and also to analyze the interaction with other existing infrastructure. So many trials were examined in the program which includes the deployment of smart meter infrastructure, distributed generation and distributed storage, and also the utilisation of electric vehicles in the Australias electricity distribution network. So many trials were deployed in the program. region of the trials that is of interest to me is the deployment of the smart meter infrastructure. This trial entails the installation of smart meter at various residential buildings. The various components that make up the smart meter infrastructure are the communication technologies for information reposition to and from the smart meters communication unit, the meter management system, home-office operational systems. (Energy Australia, Sydney Water and other partners) and also the customer science application. With the deployment of smart meter, data for electricity usage, storage and delivery were obtained for participating household. Another fascinating part of the Smart Grid Smart City program is the distributed generation and distributed storage work stream which was initiated with the aim of providing searing data and information to help understand the implication of greater penetration of the combination of distributed storage and generation in conjunction with other smart grid technologies. In addition to the aforementioned, the electric vehicles project is also a part of the Smart Grid Smart City program I find raise and it was aimed at understanding the potential impact of the utilisation of electric vehicles in Australias electricity distribution network.