Abstract

Technological advancements in the energy industry have expedited the growth of the smart grid, necessitating multidisciplinary study in power systems and management. India, the world's third-largest producer and consumer of electricity, has various power-related issues, including significant transmission and distribution losses, electricity theft, and environmental concerns. As a result of these issues, the energy industry is exploring new technologies to improve the grid's efficiency, sustainability, and security. This study tries to uncover elements that might be facilitators for India's smart grid development. To analyse the various components of the smart grid, questionnaire surveys, interviews, and workshops were conducted with eminent academicians, researchers, and industry experts working in the power sector. An integrated approach of soft system methodology (SSM), thematic analysis and fuzzy cognitive mapping have been used in this study to better comprehend the intricate interactions between stakeholders. This research findings reveal that technical development along with consumer acceptance is a crucial factor for the efficacious implementation of smart grid.

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