An Overview and Issues of Smart Grid and its Integration with Renewable Energy
International Journal of Innovative Science and Modern Engineering (IJISME), 4 (5):
1-6 (May 2016)Abstract
Global Energy Sector largely relies on combustion of energy sources viz. fuel-oil and natural gas. However, these energy sources are becoming scarce day by day. On the other hand, global energy consumption is at its verge and is believed to triplicate by 2050. Hence, transformation of power networks into intelligent system is a viable option that can save energy, utilize renewable energy and ensure supply security. The energy sector encourages the use of renewable energy sources as it aims at reducing carbon footprint and promoting clean energy. Keeping these facts together with the issues of climate change and socio-economic challenges of current century, the need of hour is to use electric network as a Smart Grid. This paper highlights various Smart grid initiatives and their implications along with the issues involved with the development of Smart Grid Technology.