The document summarizes the transition to smart grids, including changes to the roles of consumers, utilities, vendors, and governments. It discusses the current state of smart grid development and open issues remaining, such as fully replacing old equipment and establishing new regulatory frameworks. Technology trends in demand response, distribution automation, and reliability are also reviewed. Financial analysis of utilities includes examining historical growth rates, cost structures, and valuation approaches for smart grid projects using real options theory. Examples of smart grid development in Russia are provided, noting both challenges and opportunities for the transition.
Smart Grid technology,traditional grid losses,implementation of smart grid leads to change in electrical system of a country, increases economy,decreases losses, a solution for problems faced by traditional grid system.
June 15, 2011
Audrey Zibelman's presentation from America’s Sustainable Future: How U.S. Cities Are Making Energy Work, an invitational conference of public-private partnership efforts from U.S. cities pursuing innovative energy management and smart grid initiatives. The assembled leaders in industry, research and policy-making will explore the diverse energy strategies emerging in Philadelphia and across the United States.
“We’re really looking forward to both learning from the great examples set by other cities represented in the conference, and showing off the groundbreaking work happening right here in Philadelphia,” says Laurie Actman, Viridity Energy’s director of strategic partnerships and public policy.
“With smart ideas and smart policy, we should be able to build support for smart grid projects and microgrids at the federal, state and local level.”"Energy technology is changing at such a rapid pace, it's crucial to examine who's doing it right in smart grid and microgrid projects all around the country," says Eugenie Birch, Penn IUR co-director.
"With the right policy moves—which we'll be exploring at the conference—Philadelphia can be a national leader in energy innovation," noted Susan Wachter, Penn IUR co-director.
Smart Grid technology,traditional grid losses,implementation of smart grid leads to change in electrical system of a country, increases economy,decreases losses, a solution for problems faced by traditional grid system.
June 15, 2011
Audrey Zibelman's presentation from America’s Sustainable Future: How U.S. Cities Are Making Energy Work, an invitational conference of public-private partnership efforts from U.S. cities pursuing innovative energy management and smart grid initiatives. The assembled leaders in industry, research and policy-making will explore the diverse energy strategies emerging in Philadelphia and across the United States.
“We’re really looking forward to both learning from the great examples set by other cities represented in the conference, and showing off the groundbreaking work happening right here in Philadelphia,” says Laurie Actman, Viridity Energy’s director of strategic partnerships and public policy.
“With smart ideas and smart policy, we should be able to build support for smart grid projects and microgrids at the federal, state and local level.”"Energy technology is changing at such a rapid pace, it's crucial to examine who's doing it right in smart grid and microgrid projects all around the country," says Eugenie Birch, Penn IUR co-director.
"With the right policy moves—which we'll be exploring at the conference—Philadelphia can be a national leader in energy innovation," noted Susan Wachter, Penn IUR co-director.
Smart Grid The Role of Electricity Infrastructure in Reducing Greenhouse Gas ...Gruene-it.org
Most of the world’s electricity system was built when primary energy was relatively inexpensive. Grid reliability was mainly ensured by having excess capacity in the system, with unidirectional electricity flow to consumers from centrally dispatched power plants. Investments in the electric system were made to meet increasing demand—not to change fundamentally the way the system works.
(a).What is smart grid technology?
(b).Role and necessity of smart grid technology
(c).Benefits and application of grid
(d).Various challenge of grid
(e).Best possible location
The presentation gives an introduction to the concept of smart grids and compares it with the existing power grid. It provides a brief idea about the technologies involved in smart grids.
OVERVIEW
WHAT IS SMART GRID?
NEED OF SMART GRID IN INDIAN CONTEXT.
SMART GRID ATTRIBUTES.
INDIAN GOVERNMENT INTIATIVE TOWARDS SMART GRID
SMART GRID PROJECTS IN INDIA.
INDIAN GOVT. APPROVED PROJECTS.
PRESENT STATUS OF PROJECTS
BARRIERS TO SMART GRID IMPLEMETATION
LAYOUT OF SMARTGRID
CONCLUSION
REFRERENCES
this slide shows what is smart grid ,its comparison between the electromechanical grids . smart meters and devises for the smart grid . benefit of smart grid . and a conclution
(a).Evolution of electric grid
(b).Concept of electric grid
(c).Definition of smart grid
(d).Needs of smart grid
(e).Smart grid drivers and function
(f).Opportunities, challenges and benefits of smart grid
(g).Difference between conventional and smart grid
Smart Grid is 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.
Smart Grid: Definition
• Need of smart grid
• Smart grid functions
• How Smart Grid Works
• Smart Grid: Benefits
• Smart grid components and its Benefits
• Issues and Challenges
• Opportunities in future
• Smart Grid Projects in India and Gujarat
• Question-Answer
• References
Smart Grid The Role of Electricity Infrastructure in Reducing Greenhouse Gas ...Gruene-it.org
Most of the world’s electricity system was built when primary energy was relatively inexpensive. Grid reliability was mainly ensured by having excess capacity in the system, with unidirectional electricity flow to consumers from centrally dispatched power plants. Investments in the electric system were made to meet increasing demand—not to change fundamentally the way the system works.
(a).What is smart grid technology?
(b).Role and necessity of smart grid technology
(c).Benefits and application of grid
(d).Various challenge of grid
(e).Best possible location
The presentation gives an introduction to the concept of smart grids and compares it with the existing power grid. It provides a brief idea about the technologies involved in smart grids.
OVERVIEW
WHAT IS SMART GRID?
NEED OF SMART GRID IN INDIAN CONTEXT.
SMART GRID ATTRIBUTES.
INDIAN GOVERNMENT INTIATIVE TOWARDS SMART GRID
SMART GRID PROJECTS IN INDIA.
INDIAN GOVT. APPROVED PROJECTS.
PRESENT STATUS OF PROJECTS
BARRIERS TO SMART GRID IMPLEMETATION
LAYOUT OF SMARTGRID
CONCLUSION
REFRERENCES
this slide shows what is smart grid ,its comparison between the electromechanical grids . smart meters and devises for the smart grid . benefit of smart grid . and a conclution
(a).Evolution of electric grid
(b).Concept of electric grid
(c).Definition of smart grid
(d).Needs of smart grid
(e).Smart grid drivers and function
(f).Opportunities, challenges and benefits of smart grid
(g).Difference between conventional and smart grid
Smart Grid is 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.
Smart Grid: Definition
• Need of smart grid
• Smart grid functions
• How Smart Grid Works
• Smart Grid: Benefits
• Smart grid components and its Benefits
• Issues and Challenges
• Opportunities in future
• Smart Grid Projects in India and Gujarat
• Question-Answer
• References
What is a Smart Grid?
The Smart Grid Enables the ElectriNetSM
Local Energy Networks
Electric Transportation
Low-Carbon Central Generation
What Should Be the Attributes of the Smart Grid?
Why Do We Need a Smart Grid?
Is the Smart Grid a “Green Grid”?
Alternative Views of a Smart Grid
De nombreuses définitions existent au sujet du Cloud Computing et les fournisseurs les cadrent selon une perspective technique, faisant passer le concept à un mot à la mode (Buzz word) égarant ainsi les décideurs, hommes d'affaires et leur laissant une idée confuse de son importance concurrentielle pour l'entreprise.
Ce livre blanc interactif a pour intention d'expliquer le concept du "Cloud Computing", la définition du concept et les technologies principales sur lesquelles le Cloud Computing est fondé.
Il vous présentera les contraintes et les facteurs de l'environnement d'aujourd'hui qui peuvent motiver l'adoption réussie du Cloud Computing dans la stratégie d‘une entreprise.
19 Final Slide Ideas for Concluding Your PresentationStrongpages
How should you end your presentation? What should your "last slide" display? This deck shows 19 different ideas to give your presentation the right conclusion. Produced by http://www.strongpages.com/
On Going research on Problems Faced In smart grid in general. Yet Work is in progress Just a light notes on General issues in smart grid, Technically work is to be on target in smart grid.
On 5-6 December, Tashkent hosted a workshop on renewable energy (RE) policy development jointly organized by the Government of Uzbekistan and the World Bank Group (WBG) in partnership with the International Renewable Energy Agency (IRENA). The presentation was delivered during the above-mentioned event.
A Vision for a Holistic and Smart Grid with High Benefits to SocietyStephen Lee
Presented on Dec 2, 2009 as a keynote speech to the 2009 T&D Asia Conference in Bangkok and followed by moderating a round-table discussion of top utility executives in SE Asia.
Presented by Anastasia Luzgina during the conference "Belarus at the crossroads: The complex role of sanctions in the context of totalitarian backsliding" on April 23, 2024.
Presented by Erlend Bollman Bjørtvedt during the conference "Belarus at the crossroads: The complex role of sanctions in the context of totalitarian backsliding" on April 23, 2024.
Presented by Dzimtry Kruk during the conference "Belarus at the crossroads: The complex role of sanctions in the context of totalitarian backsliding" on April 23, 2024.
Presented by Lev Lvovskiy during the conference "Belarus at the crossroads: The complex role of sanctions in the context of totalitarian backsliding" on April 23, 2024.
Presented by Chloé Le Coq, Professor of Economics, University of Paris-Panthéon-Assas, Economics and Law Research Center (CRED), during SITE 2023 Development Day conference.
This year’s SITE Development Day conference will focus on the Russian war on Ukraine. We will discuss the situation in Ukraine and neighbouring countries, how to finance and organize financial support within the EU and within Sweden, and how to deal with the current energy crisis.
This year’s SITE Development Day conference will focus on the Russian war on Ukraine. We will discuss the situation in Ukraine and neighbouring countries, how to finance and organize financial support within the EU and within Sweden, and how to deal with the current energy crisis.
The (Ce)² Workshop is organised as an initiative of the FREE Network by one of its members, the Centre for Economic Analysis (CenEA, Poland) together with the Centre for Microdata Methods and Practice (CeMMAP, UK). This will be the seventh edition of the workshop which will be held in Warsaw on 27-28 June 2022.
The (Ce)2 workshop is organised as an initiative of the FREE Network by one of its members, the Centre for Economic Analysis (CenEA, Poland) together with the Centre for Microdata Methods and Practice (CeMMAP, UK). This will be the seventh edition of the workshop which will be held in Warsaw on 27-28 June 2022.
The (Ce)2 workshop is organised as an initiative of the FREE Network by one of its members, the Centre for Economic Analysis (CenEA, Poland) together with the Centre for Microdata Methods and Practice (CeMMAP, UK). This will be the seventh edition of the workshop which will be held in Warsaw on 27-28 June 2022.
The (Ce)2 workshop is organised as an initiative of the FREE Network by one of its members, the Centre for Economic Analysis (CenEA, Poland) together with the Centre for Microdata Methods and Practice (CeMMAP, UK). This will be the seventh edition of the workshop which will be held in Warsaw on 27-28 June 2022.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
2. Smart grid ecosystem transition
Current state Target state
(Mostly) price and volume-
taking consumer
Prosumer with internal
optimization
Utility as unilateral service
provider
Utility as adaptive network
of prosumers
B2B utilities equipment
vendors
B2B + B2C vendors and
lessors
Regulation of power system
technical and economic
issues
Regulation of information
exchange (privacy,
interoperability) and pricing
of information/control
services
3. Current state
Role Current state
Consumers Demand response mostly for large consumers, PV
devices for household consumption, AMI, time-based
rates. But hard to engage in complicated cooperation,
need to be seamless.
Utilities Economic stimuli are not aligned enough. Later timing
option benefits (no exponential growth for early
adopters). It is easier to force new hardware installation,
but harder to encourage new business-processes.
Vendors Those who can work in emerging business model
achieve exponential growth, others have moderate
margins.
Governments Face transition problems: stranded assets, subsidies for
early adopters, problems with regulation for both old
and new ecosystem.
4. Open issues
Full equipment replacement :
Move to advanced metering and control devices
Move to distributed generators
Storage, consumer devices, electrical cars
Mechanism design, proper stimuli for each side:
New technical and economic regulation (information
exchange protocols, market model)
Good patterns for small (esp. household) consumers
involvement
Right risk/return for private funding
5. Plan
Technology changes
Bi-directional communications with consumer (AMI)
Intermittent (solar and wind) and cheap balancing
(gas and biofuel) power generation
Demand response/energy efficiency
Distribution automation
Moderate increase in reliability
Financial data perspective
Valuation of smart grid projects
Some cases in Russia
8. Demand response
~700 000 customer-based devices under SGIG
prpgram (mostly direct load control devices and
controllable thermostats)
Customers enrolled in time-based pricing:
*chart from smartgrid.gov
9. Distribution automation
~8000 automated feeder switches installed (5%
of distribution circuits) in SGIG (smart grid
investment grant) program
=>50% shorter and 11%-49% less frequent
outages
Utilities data analytics market for utilities and
regulators is expected to grow 33% per year
Cybersecurity plan requirements for subsidized
projects
10. Reliability
*Charts from Larsen, LaCommare, Eto, Sweeney, Assessing Changes in reliability of the US Electric power
system, 2015
11. Plan
Technology changes
Financial data perspective
Changes in utilities cost structure
Historical growth of sales and earnings
Fundamental growth rate
Sales/asset ratio
ETF historical returns and PEG
Valuation of smart grid projects
Some cases in Russia
13. Historical growth
High sales growth in
equipment sector
(>market)
Small growth in utilities
and power sectors
(<market)
Strong margin growth
relative to weak sales
growth in utilities and
power sectors
*data published by Aswath Damodaran:
http://people.stern.nyu.edu/adamodar/New_Home_Page/dataarchived.html
21. Plan
Technology changes
Financial data perspective
Valuation of smart grid projects
Smart grid as real option
Generator valuation
Smart grid valuation
Some cases in Russia
22. Real option characteristics
Some of smart grid value is delivered in straight-
forward way:
Reliability/QOS increase
Reduction in losses due to better dispatch
Decrease in capacity reserves needed
Other part of smart grid value is an option:
To build new generation (small scale and on consumer
side)
To establish new pricing and shared control schemes
While first part can be estimated under existing
regulatory framework, second is non-trivial
23. Example
Consider option:
to build small-scale gas-fired power plant on
consumer side
connect it to the grid,
sell excess energy to the grid for years.
Its value depends on gas and power market
prices
Gas power fired plant can be valued as spark
spread option
24. t – hour
Vt – consumption
C – generator capacity
K – efficiency coefficient
Gt – gas price
Xt – electricity price
f – price of electricity
consumed from grid
g – price for selling
electricity
Example: generator valuation
25. Example: smart grid valuation
Cost – cost function to build generator with capacity
C
Build 2D tree:
1st dimension – long-term gas price
2nd dimension – long-term electricity price
26. Plan
Technology changes
Financial data perspective
Valuation of smart grid projects
Some cases in Russia
Smart grids in Russia: pros and cons
UIAS FTS of Russia regulation approach
Utilities automation issues
27. Smart grids in Russia: cons
Some factors are against immediate smart grid
development:
Low demand for non-hydro renewables (cheap gas)
Low household tariffs (cross-subsidies)
Low median household income (will not invest in
smart appliances)
Access to cheap financing is limited for small
entities
Poor contracts enforcement (incumbent can
preserve market share)
28. Smart grids in Russia: pros
Some new initiatives like virtual power plant and
smart grid in Crimea, not enough information
On opposite there are some markets with good
economic potential:
Wind and fossil-based microgrids for power supply of
isolated or remote sites (like mines and related housing)
Insolated territories of Northern Caucasus with
extremely high transmission expenses
Large energy-intensive consumers (including world
largest district heating systems, water supply and
disposal)
Smart grid creation seems to be less relevant task
than power grid automation and quantitative decision
support
29. UAIS scheme
SCADA and
metering system
ERP and
accounting
Computer-aided
design systems
Balance management system
Investments planning
Abnormal situations (losses,
outages) root cause analysis
Regulatory accounting and
cost allocation
Regional
regulatory
bodies
Holding
Federal
regulatory body
Cross-
validation
between grids
Forecasting and planning next
year balance
31. Issues with utilities grid automation
Technological state of different power grid parts can
be very different, often managed on different
platforms
Accounting, CAD and metering entities are often not
mapped
No explicit topology information is combined with
metering data, unable to localize losses
Data exchange between power grid (operates
metering) and energy retail (billing function) is poorly
formalized (no single protocol)
Most value can be gained after full data model
consolidation, it is time-consuming and expensive
Hard to prove value of analytical work to regulator
under weak institutions
32. High corruption level leads to:
high abnormal power losses (stealing of energy)
unnecessary investments,
Projects, that are dedicated to prevent such
things can face opposition
Issues with utilities grid automation