An Overview of Smart Grid Technology with its Present Situation and Anticipation in the Asian Region

Abstract

Smart grid system is considered to be an important aspect in order to solve power issues and energy crisis. To explain smart grid technologies and the redistribution of smart grid in Asian region is the goal of this paper. The article gives an idea of the difficulties of present electricity grid and the possible ways of solving these difficulties using the vision of smart grid. The paper allows us to identify the comparison between the conventional grid system and the smart grid system. The essence of this vision is "a fully automated power delivery network that can ensure a two-way flow of electricity and information between the power plants and appliances and all points in between". It also provides the overview of Advance metering infrastructure, Personal energy management and Information Technology, which are the driving technological components of smart grid. The further explanation is about the comprehensive analysis of marching and upcoming projects as well as technologies on Smart Grid in Asian region. Finally, the paper concludes with the suggestions and proposals for the Regional Approach to Smart Grid Development. The article also explains the demand for Smart Grid capability within Asia which is quite diverse in nature ranging from reflecting the sophisticated nature of electricity demand in developed and developing nations of Asia.

MVDC Railway Traction Power Systems; State-of-the Art, Opportunities, and Challenges

“…In total, from 2002 to 2016, Europe had 467 SG projects across 47 countries under a budget of about EUR 3.75 billion [95]. The Asian region-led by China, Japan, and South Korea-increasingly invested in SG power infrastructure, to the tune of USD 11.9 billion to USD 28.8 billion between 2011 and 2017, respectively [96].…”