The Path of the Smart Grid in India

Abstract

The 21st century world is more dependent on electrical power than ever. This dependency will increase manifold in the near future with more systems being computerized and a plethora of new electronic devices emerging for household, commercial and industrial applications. In such a scenario, availability of secure, reliable and efficient power is crucial for sustaining current development and economic growth trends. India is struggling to meet electric power demands of the fast expanding economy. In this situation, “smart grid” is the only solution, as it provides an open platform for electricity market and power transactions and offers high quality service and optimizes resource allocation. Simply stating smart grid refers to the application of information technology to power systems. Due to the complexity of such systems, the possibilities have yet to be clearly defined. Undertaking smart grid research in India is necessary for safe and stabilization of national power grid, optimization of national energy structure etc. This paper explores the definition, characteristics of smart grid and the gap between today’s grid and smart grid and its milestones are analyzed. Also the necessity of smart grid and enormous challenges which Indian power enterprises are facing is analyzed through which the inspiration of developing smart grid in India can be gained. Finally some of the ongoing smart grid activities in India and the barriers to implement the smart grid are discussed. The power system development as the world’s new trend of change, smart grid will lead the Indians to restore confidence, revive industry and promote sound and fast economic growth.