Volume 2 number 4 (03)

Review

OVERVIEW ON IMPLEMENTATION OF SMART GRID TECHNOLOGY

Pages 185-194

DOI 10.61552/JEMIT.2024.04.003

ORCID Bikram Singh, ORCID Harkamaldeep Singh, ORCID Santosh Kumar


Abstract: The Elevated energy consumption and a growing need for power in commercial, residential, and industrial settings have drawn researchers to explore novel solutions for the grid of the future. This review provides an overview on smart grid technology and its historical development from its conceptual beginnings to its today real-world implementation (intelligent networks). The review then analyzes the multifaceted impacts of smart grids such as social impact, user impact, security impact and environmental impacts. We also delve into their positive performance metrics, including enhanced reliability, efficiency, and resilience, with specific examples of improved power quality and increased renewable energy integration. Finally, the various challenges and opportunities that smart grids offer. We explore cutting-edge advancements like artificial intelligence, edge computing, & blockchain technology, showcasing their potential to overcome existing barriers and pave the way for a new era of intelligent energy management.

Keywords: Smart grid, implementation, challenges, opportunities, renewable energy, distributed energy resources, advanced metering infrastructure.

Received: 03.12.2023 Revised: 28.01.2024 Accepted: 16.02.2024