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Smart meters are digital new generation meter which can measure the energy uses in real time
and send it directly to energy supplier/distributer regularly. It can display the energy usage
and energy provider can send the feedback on the costing and usage on the real time basis.
Smart meter provides a channel for direct communication between supplier and consumer so
the company can get the accurate energy usage in real time hence able to control the demand
dynamically. There will be no haseel of meter reading, bill generation and payment issues. It
uses mobile and wireless technology for transmitting real time data.
What are the benefits of having a smart meter?
More Reliable Service
Through the two way communication between consumer and energy provider the grid allows
identifying outages and quicker solving the service problems
See Your Daily Energy Use
one can able to view historical usage information , cost , consumption pattern and analysis on
these so that he can make a informed decision to use energy efficiently in the future resulting
cost saving and energy conservation
Smart Devices and Smart Homes
One can able to lower the cost and usage on the time based usage. Smart meters can able to
cut off the power usage automatically based on preset time so that the energy can be saved.
Smart devices can help to conserve energy through sensor based technology to use minimal
energy and cuts when its not in use.
Better Usage of Renewable Power
Smart meter can switch your energy usage to renewable energy installed on your place . It
helps to manage better all sources of power. It can able to switch between solar panel, power
plants , bio gas plants, wind sources etc resulting effective uses of non conventional energy
and saves conventional energy whenever and wherever possible .
Energy Alerts
Through the energy elert to ur mobile devices and email from the smart meter alerts you to
entering a high priced energy segment due to extra usage. It alerts you to enter in each
segment/tier of energy price band during your billing cycle, it helps to influence the
motivation in avoiding extra un necessary usage.
The resulting smart grid has reduced outages and improved power quality for its customers in
Ohio and the Carolinas. By deploying smart grid technologies and integrating them with
upgraded back-end information management systems, Duke has improved operational
efficiencies, optimized voltage, automated self-healing disruption response, and expanded
smart grid technologies to other service territories using lessons learned.
By August 2014, Dukes 30 self-healing device groups in Ohio had activated 84 times,
reducing outage frequency and duration. Three activations alone in 2013 saved 1.2 million
customer minutes of interruptions. One event maintained service to a large hospital, while
another maintained operation to a key substation.
The company also deployed 966,000 smart meters in Ohio and the Carolinas, which have
significantly improved bill accuracy and reduced customer calls. Meters also help pinpoint
outages and dispatch repair crews more quickly.
These benefits were achieved through the deployment of a variety of smart grid technologies.
These include advanced metering infrastructure (AMI) with an upgraded meter data
management system (MDMS), distribution automation, integrated voltage/VAR control
(IVVC), a new distribution management system (DMS), electric vehicle charging stations, a
customer web portal, and customer pricing pilots.
The smart grid and renewable energy
Historically, integration of small-scale renewable energy sources into a traditional grid causes
problems. These include voltage fluctuations and harmonic distortions, which require
synchronization of the sources with the grid. Smart grid, on the other hand, optimizes these
problems by preventing outages and allowing consumers to manage energy usage. This
technology enables various options to add energy to the grid at transmission and distribution
levels through distributed generation and storage.
In other words, the smart grid makes better use of renewable energy resources. It gives grid
operators new tools to reduce power demand quickly when wind or solar power dips, and it
has more energy storage capabilities to absorb excess wind and solar power when it isn't
needed, then to release that energy when the wind and solar power dips. In effect, energy
storage will help to smooth out the variability in wind and solar resources, making them
easier to use.
Within the context of European smart grid projects, research is going ahead with a view to
developing a smart grid in Turkey to provide stable, low cost reliable power.
Gradual evolution
The smart grid will consist of millions of pieces and parts controls, computers, power lines,
and new technologies and equipment. It will take some time for all the technologies to be
perfected, equipment installed, and systems tested before it comes fully on line. And it wont
happen all at once the smart grid will evolve, piece by piece, over time. But when mature,
the smart grid promises to bring the same kind of transformation that the Internet has already
brought to the way we live, work, play, and learn.
http://www.pge.com/en/myhome/customerservice/smartmeter/benefits/index.page
http://www.forbes.com/sites/federicoguerrini/2014/06/01/smart-meters-friends-or-foesbetween-economic-benefits-and-privacy-concerns/