Abstract

“Smart Grid” is a modern concept which refers to the conversion of the mainstream or typical electric power grid to a modern power grid. This new conversion is a foreseeable solution to the power system problems of the modern century. Rejuvenation of the current electric power distribution system is an important step to implement the Smart Grid technology. So, distribution system engineers should be acquainted with the knowledge of Smart Distribution System. Also the customers should acknowledge the benefits that they will be enjoying from this modernized power system. There are power crisis everywhere in the world, besides there is system loss in the existing power system. It is happening in Bangladesh also. To reduce power crisis renewable source of energy like solar energy, wind energy, raw coal energy may be used. But the quantity of electricity produced by this renewable energy source is low and several kilowatts range. This electricity is utilized by smart grid which is hard for usual power grid system. For this reason we need hybrid ac/dc smart control grid system. In this report models using Wind-mil Software is proposed for reducing system loss and also incorporate smart metering so that the power flow can reach easily to the consumers. Smart grid also helps sole proprietor and individual business man to sell their little amount of electricity to the grid which they produce by their own entrepreneurship through smart meter. Line loss and regulated voltage, regulator and capacitor are also inserted here to reduce the loss and make the effective and efficient power supply to the consumer. This metering is also centrally controlled and works over a huge area. At present developing country should develop this system.

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