Smart Grid on Issues and Challenges

Abstract

Smart grids ensure the energy conservation and cost effective energy management that encourage the clean energy environment. . The transformation of power grid involves implementation of contemporary measuring equipment’s and communication technologies for effective energy data transfer and management. The smart grids do have their benefits but they also come with bottlenecks pertaining to the areas of SM (Smart Meters), information and communication technology (ICT) and in unification of RES (Renewable Energy Source). This paper provides a survey of challenges related to these bottlenecks. It also throws light on the advancement in communication technology which is helpful to induce reliability and efficacy in the smart grids (SG). A complete overview of the same including its limitations in the current scenario is also provided. The survey on the advanced communication technologies, security on the utility and consumers smart grid devices, turns the smart grid as the better solution for the future energy demand.