• A smart grid system is a self-sufficient electricity
network system based on digital automation technology for monitoring, control, and analysis within the supply chain. • A smart grid technology is an essential to provide easy integration and reliable service to the consumers. Need for a smart grid • One of the main characteristics of smart grid is enabling customers to manage energy and control their costs. • Concerns over the environmental damage from fossil fired fire stations Functions of Smart Grid • Exchange data on electricity generators, consumers and grids over the internet and process by means of IT. • Integrate numerous new smaller electricity generation facilities • Through sensors, communications, information processing allow the utility to use higher degree of network coordination to reconfigure the system to prevent fault currents. • Real time determination of elements ability to carry load based on electrical and environmental conditions. • Adjustable protective relay settings that can change in real time based on signals from local sensors. • Real time measurement of customer consumption and management of load through Advanced Metering Infrastructure that help customers make informed energy use decisions. • Real time feeder reconfiguration to relieve a load on equipment , improve distribution system efficiency and enhance system performance. Benefits of smart grid • Self healing • Motivates and includes the customer • Provide better power quality • Plug and play interconnection of multiple and distributed sources • Support energy market and encourage investment and innovation • Open up a wide range of electricity pricing options. • Quickly restore power after outages. Challenges of Smart grid • Strengthening the utility grid. • Developing decentralized architectures. • Developing communication infrastructure. • Active demand side • Integrating intermittent generation. • Advanced power system monitoring protection and control. • Capturing the benefits of DG and storage. • Preparing for electric vehicles.