openPR Logo
Press release

Inelegant Electric Power Grids (Smart grids): Understanding the challenges

09-13-2012 12:06 AM CET | Energy & Environment

Press release from: Fleming Gulf

Inelegant Electric Power Grids (Smart grids): Understanding the challenges

Inelegant Electric Power Grids (Smart grids): Understanding the challenges

The average big electric utility is a sprawling network that is buzzing with energy but contains surprisingly little data about that energy. Managers at utilities can't "see" very deep into the thousands of substations and millions of meters that make up the Power grid. Some utilities still learn about a neighborhood electrical outage not because it shows up on any of their sophisticated monitoring equipment, but because customers call them on the phone and complain that the power's out.
This paucity of real-time information is one of the challenges that utility companies and IT vendors are addressing with a modernization effort known as the Intelligent Power Grids "smart grid." Once utilities and consumers have finer-grained information about power use, both the supply of power and the demand for it can be managed more efficiently. For instance, consumers could be guided to move some electricity consumption to off-peak hours, reducing the need for dirtier and more expensive power plants to be activated at peak hours.
But before this can happen on a widespread basis, the utilities need to prepare for an onslaught of data—as other industries have done. The challenge of upgrading IT systems accordingly is one of the reasons the smart grid is "in its infancy".
An additional challenge for utility companies is that they run their central control operations on a mix of legacy network systems or non-unified equipment, most of which can't communicate with each other.
It's relatively simple to equip a consumption location with a "smart meter" that can generate second-by-second data on power use in the location. But because most utilities simply don't have unified network systems or unified communication and correct smart devices to transmit or store this data, those that have already installed smart meters generally "poll" the individual meters just once a day, lest they be overwhelmed with data they can't handle.
The smart grid will address this massive challenge via an intelligent network infrastructure, which optimizes energy distribution through interconnected networks of always-on, two-way data systems between power providers and consumption locations (Consumers).
Through sensors, meters and distributed automation, the intelligent grid will dynamically manage power supply by constant evaluation of usage information and needs.
The Intelligent Power Grids “Smart grid” will enable choices and control by everyone on the grid, from power plant to consumers, so that the grid can become a more dynamic, balanced system.
The author of the article, Prof. Mamoun A. Shahin is the CEO and Founder of DMC International Group will lead the chair on day 1 of the 2nd Annual Smart Grids And Smart Meters Summit organized by Fleming Gulf's Utility Division to be held on 08 & 09 October 2012 at the Park Rotana, Abu Dhabi – U.A.E. He will share his insights on factors metering the current growth in the technology of Smart Grids and Smart Meters industry with the latest trends in the downstream.

Founded in 2005, Fleming Gulf is young, dynamic and has fast become one of the leading providers of business intelligence through industry specific conferences, webinars and skills enhancement training courses.  
 
Our goal is to link professionals and provide them with commercial acumen, business investment contacts and a world of opportunities.  Our reach is global-spanning serving organisations in the Middle East, Asia, Africa, Europe, and as far as Latin America.  
 
Fleming Gulf delivers the most comprehensive business events by leveraging our network of industry influencers with specialist knowledge to provide organisations the winning edge that makes a difference in their decision making in today's competitive business landscape.
 
Through our live and on-demand webinars, class-sized intensive certification courses, highly focused niche conferences and large scale summits, Fleming Gulf has brought together nearly 100,000 professionals representing industries including HSE, oil & gas, utilities, life sciences, mining, construction, HR, transport & logistics, finance, telecom & IT, aviation and marketing. 
 
We are committed to provide our partners - speakers, delegates, exhibitors, sponsors and supporters - a unique learning experience where they can find stimulating topics, engaging conversations and meet the biggest names within their field. 

Sobia Jameel
Fleming Gulf
286/287 Amar Jyothi Layout
West Wing, Domlur
Bangalore – 560071
Karnataka, INDIA
utilities@fleminggulf.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Inelegant Electric Power Grids (Smart grids): Understanding the challenges here

News-ID: 235716 • Views:

More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Internet of Things (IoT) Devices Market By Type (Computing Devices, Smart Media, …
On a global scale, the Internet of Things (IoT) Devices market is currently showing significant development. The innovative methods and market study have helped many of the major players Samsung Electronics, Apple, Lenovo, ASUS, Acer, Huawei, Coolpad, LG Electronics, Google, Panasonic, Microsoft, Brother Industries, Honeywell, Fitbit, Lenovo to carve a name for themselves in the competitive global market. The Internet of Things (IoT) Devices market is experiencing a massive growth
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands also has great examples of emerging
Global Smart Infrastructure - A Smart Approach To Smart Cities In 2016
The global smart city transformation is underway Slowly but surely we are beginning to see a transformation take place in many parts of the world, as governments and councils realise they need to take a holistic approach to future city-wide development. In Australia, for example, we see that Adelaide, Canberra, Newcastle, Lake Macquarie, Sydney, Ipswich and Sunshine Coast have all been identified as being among the leading smart cities. The Netherlands
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency