Smart Grid Capabilities, Infrastructure, Impact on Power Suppliers/Consumers and Concerns

Abstract

This paper dwells on the need to integrate existing traditional sources of supply and the renewable sources in order to establish a new energy system which is energy efficient, reliable, controllable, secure, compatible, economical and sustainable. Smart grid can overcome existing and future challenges in a cost effective manner. In this paper, the main focus is on the smart grid infrastructure, its capabilities, communication scenarios, technologies and energy management. The implementation of the vision of modernized intelligent smart grid can overcome problems and challenges of traditional electricity grids and utilities. The paper also focuses on the services and factors that attract the consumers and utilities to change the way they operate in order to improve the current services. Various measures are proposed to help in implementation and adoption of smart grid vision in Pakistan. Finally, paper presents smart grid