"Smart Grid" in Indian Prospective

What is a Smart Grid?

 i)."An automated, widely distributed energy delivery network characterized by a two-way flow of electricity and information, capable of monitoring and responding to changes in everything from power plants to customer preferences to individual appliances." 

ii)."A smart grid is the electricity delivery system (from point of generation to point of consumption) integrated with communications and information technology"

iii)"No single definition - It is an evolving paradigm" 

 What are Smart Grid features?

Smart grid can be better defined by its features

i)Fully automated power delivery network that monitors and controls electricity flows
ii)Two-way flows of electricity and information between the power plant and the appliance, and all points in between
iii)Lowered carbon footprint and reduced emissions, increased access to renewable energy resources (like solar and wind)
iv)Use of digital technology to save energy, reduce cost and increase reliability
v)Improved power quality for needs of 21st century economy
vi)Reduced disruptions, improved efficiency and better asset utilization 

What is Smart Grid vision for India?

End of Load Shedding  

Peak load shifting through a combination of direct control and differential pricing (demand response/dynamic DSM)
Reliable Power  

Robust systems with self-healing capabilities; first step is improved monitoring
Cheaper power   

Dramatic improvement in AT&C losses ? knowing where every kWh is going in real-time
Shifting the peak away from costly power  

Better utilization of assets
More sustainable power  

Integration of green and renewable resources at a massive scale ? enough to increase energy independence

This will not happen overnight?Smart Grids are a process, not a product