Smart Grid a Case Study

Only available on StudyMode
  • Topic: Smart grid, Electricity distribution, Power outage
  • Pages : 8 (2522 words )
  • Download(s) : 156
  • Published : October 9, 2012
Open Document
Text Preview
ENM603 - Operations Management
Dr. Jeffery S. Appel
Sustaining the natural resources with Smart grid
Group #4
National University

Mfaizan Ali Khan
Jay
Derek Britt
Thitiporn
Thanaphan
Introduction………………………………………………………………………………………3 Market Analysis…………………………………………………………………………………..5 Staffing Profile……………………………………………………………………………………8 SWOT Analysis………………………………………………………………………………….10 Scheduling and Cost…………………………………………………………………………….13 Balance Sheet……………………………………………………………………………………15 Conclusion……………………………………………………………………………………….17 References………………………………………………………………………………………..18

Introduction
It is easy to take electricity for granted but modern life would not be possible without it. To keep it going we need more efficient ways to manage electricity. For over a hundred years, coal and other fossil fuels have been used by power plants to produce the electricity we use every day. The grid is a network of power lines and sub stations that carry electricity from power plants to homes and businesses. Today, the grid has problems, it needs updating and is running at capacity. When power lines break or power plants cannot produce enough power, blackouts can occur and that’s a problem that can cause fatalities. Also, today’s grid often relies on a single power plant as its source and does not provide detailed information on usage making electricity difficult to manage. To address these problems in the past, we simply built new power plants but now we can work towards sustainability and reduce our dependence on fossil fuels by using a smarter grid. The question is how and the answer to that question is Smart Grid.

The smart grid means adding sensors and software to the existing grid that will give utilities and individual’s new information that will help them understand and react to changes quickly. For example if we consider an accident where a tree falls on a power line and one thousand homes loose power, with the current grid utility officers often physically reroute the power which takes time but with the smart grid sensors and software will detect and immediately route the power around the problem, limiting the issue to fewer homes. The price of electricity changes throughout the day but we cannot really see it with the current meters in our homes, it may be expensive during peak hours and cheap late at night. With the new smart meter at our homes, we could set the dishwasher to run when power is cheap, this provides more control over the energy bill and helps prevent black outs at peak hours. The smart grid also means new ways to use renewable sources of energy. Power generation can now be distributed across multiple sources, so the system is more stable and efficient. Its visibility to communicate and manage electricity is what makes the grid smarter and helps us avoid burning more fossil fuel in the future. The smart grid is still a few years away but soon we will be able to manage our energy bill, healthy environment and healthy economy by making more informed decisions about how we use electricity. There is an estimated thirteen trillion dollars investment required in energy infrastructure over the next twenty years. This poses a need and an opportunity to shift towards a low carbon, efficient and clean energy system, and Smart grid will be a key enabler of this transition. The three major factors which have enabled a smart grid are Information, telecommunication and power technologies; integrating these three together have made a smart grid possible.

Market analysis
Electricity consumption is expected to increase continuously in the worldwide as in Figure 1, as the same The U.S. Energy Information Administration (EIA) is expecting total demand for electricity in commercial to grow 42 percent by 2035. Many countries developed new technology and try to use other energy instead electricity in order to save energy and reduce cost. Smart grid is an innovative technology to control and...
tracking img