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Smart Grid Systems

Smart Grid Systems. Created by: Graeme (Team Leader) Tyler (Consultant) Sam (Consultant). Overview. A ‘Smart Grid’ is a form of electricity network. It provides electricity using two-way digital communication to control appliances.

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Smart Grid Systems

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  1. Smart Grid Systems Created by: Graeme (Team Leader) Tyler (Consultant) Sam (Consultant)

  2. Overview • A ‘Smart Grid’ is a form of electricity network. • It provides electricity using two-way digital communication to control appliances. • It aims to create a sustainable energy source, minimising the use of electricity, therefore being more cost effective than the conventional power grid that homes are currently connected to. • The system also utilises a digital monitoring system to provide users with real time data, regarding their energy consumption • The system, where implemented, addresses global warming concerns through its intent to be an environmentally friendly setup

  3. Reviews • Since ‘Smart Grid’ is emerging technology, there are currently no ‘reviews’ as such. The following information gives an insight, to where the system is currently at, through statements from corporate spokespeople: • “IBM is extremely proud to be a part of the successful consortium, and we're delighted with the Government's investment and support to broaden Australia's smart grid,” said Glen Boreham, IBM Australia & New Zealand Managing Director. • http://www.businessreviewaustralia.com/sectors/utilities-electric/commercial-scale-smart-grid-coming-sydney • “The two-year smart-grid trial will see 1000 households in Newington and Silverwater, NSW, reduce utility bills and carbon impact”, EnergyAustralia says. • http://www.smarthouse.com.au/Automation/Industry/J5L9F3X7?page=2

  4. Advantages • Peak leveling • With the implementation of the smart grid, consumers can potentially save money due to a reduced cost of power usage during off-peak hours. For example, a family could choose to cook dinner at 9pm during off-peak hours, instead of 6pm during peak hours to save money. • The peak leveling system also provides consumers with better information about power consumption, providing them with various alternatives and choices.

  5. Advantages (cont.) • Democratization of Electricity • Smart grid offers seamless integration of renewable energy sources. The electricity utility could save money by drawing power from thousands of solar instillations rather than operate an auxiliary power plant on a hot day with increased usage costs of air conditioners at the plant. • The increased usage of renewable sources of energy would also lead to reduced carbon emissions. • Considerably less wastage. The availability of electricity from multiple locations allow operation of only as much resources as required.

  6. Advantages (cont.) • Self Healing • The employed smart grid ‘self healing’ protocol utilizes embedded sensors and automated controls to anticipate and prevent or mitigate power disruptions. For example the smart grid responds to clouds blocking the sun and reducing the amount of solar power. • The self-healing capability of smart grids could save the estimated $100 billion lost each year due to outages and power quality issues

  7. Disadvantages • Privacy • The smart grid gives power providers the power to potentially take control of household appliances, such as washing machines, and turn them off during peak hours.

  8. Disadvantages (cont.) • Security • Some meters can be hacked, potentially giving hackers control over thousands of private power meters.

  9. Future Outlook • The Smart Grid is a complete overhaul and modernization of the current power management system. It’s employment requires a substantial investment of time and money to implement but once the system is in place it would facilitate many advantages and improvements over the current system and would most likely eventually pay for its own implimentation.

  10. Summary • Smart grid is a vision for the Australian community’s electricity system. Smart grid takes into consideration the technical, operational and environmental principles; smart grid has been designed to help address the environmental issues relating to the power industry by transforming the infrastructure technology and the market. Smart grid provides electricity using a two way digital communication.

  11. Summary (cont.) • More than 15 countries have created the ‘international smart grid action network’ which is to drive global cooperation on smart electric grids. Smart grid is supported by the government due to its process of using energy in a more cost effective, resource efficient and environmentally sustainable way. Smart grids goal is to lower the CO2 emissions and use a cleaner more sustainable source of energy like solar and wind

  12. Recommendations • Smart grid is a recommended system for the Australian society due to its very positive advantages and it is helping the environment by cutting down the CO2 costs on the environment which will allow the electrical companies to save money which they can pass onto the consumers.

  13. References • http://www.smartgridaustralia.com.au/ • (Other references are included within)

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