Abstract

Smart technology has potential in tracking the key challenges based on population based on the sustainable future. In today’s cultures, a smart approach enables for the integration of information needed to address crucial concerns. The critical challenge is to limit the effects of global warming while maintaining a balanced economic growth. The impact of global warming mitigates the fundamental problem while ensuring the balance economic development. Intense research efforts should be directed toward balanced resource utilization, renewable energy system integration, efficient energy conversion technologies, effective process integration, effective techniques to enable a circular economy framework, and other issues that are important to the population. This paper finds the latest technology in the field of smart grid technologies which focused on the effective enhancement and efficient utilization of resource. The issues and challenges in using sustainable future are discussed and bring new ideas towards the sustainable future base on the application of smart technologies.

Highlights

  • Global energy demand is the worldwide concern, which is rapidly growing and satisfies the energy demand in the future

  • This paper explores the role of renewable energy sources in power generation and their integration with the smart grid system

  • Economic expansion, rising living standards, and societal progress in general all come at a cost to the environment, and it has become clear that this cost is causing a natural equilibrium to be disrupted

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Summary

Introduction

Global energy demand is the worldwide concern, which is rapidly growing and satisfies the energy demand in the future. The renewable energy with smart technology provides an idea for the emission problem and contributes significantly in generating power with less emission of greenhouse gases. Renewable energy technologies available provide a viable alternative to fossil fuels, but with limits, owing to poor energy conversion efficiency and power generating nondispatchability. Renewable energy technologies are an excellent alternative since they can considerably contribute to global power generation while emitting less greenhouse emissions. According to the International Energy Agency’s (IEA) “sustainable future” scenario, renewable energy sources would generate 57 percent of global power by 2050. To attain this ultimate goal, long-term forecasting and planning are essential. This paper explores the role of renewable energy sources in power generation and their integration with the smart grid system

Related Work
Smart Grid Technology
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