A smart grid is an electrical grid that uses information and communications technology to gather and act on information, such as information about the behaviors of suppliers and consumers, in an automated fashion to improve the efficiency, reliability, economics, and sustainability of the production and distribution of electricity.
Smart grids are now being used in electricity networks, from the power plants all the way to the consumers of electricity in homes and businesses. The “grid” amounts to the networks that carry electricity from the plants where it is generated to consumers. The grid includes wires, substations, transformers, switches etc. The major benefits are significant improvement in energy efficiency on the electricity grid as well as in the energy users’ homes and offices.
What is Smart Grid
In a typical smart grid, central management center controls all the units connected to it making sure to operate them at the highest efficiencies. The central management center does not only assist in better energy management inside the facility but also it helps in reducing the electrical consumption during peak times. This reduction is reflected as huge energy savings.
A smart grid also facilitates switch from conventional energy to renewable energy. In case of having a source of renewable energy in the facility, the grid allows an easy access to integrate it into the grid. Smart grid permits greater penetration of highly variable renewable sources of energy, such as wind power and solar energy.
Smart grid is a new gateway to a green future. It not only provides better energy benefits but also opens up new avenues of employment for youngsters. For example, conversion of normal operating units into smart ones capable of connecting to the smart grid is full of new and exciting opportunities. The global market for smart instruments is trending up with out-of-the-box ideas and innovations from young energetic minds.
Smart Grid Prospects in the Middle East
The Middle East electricity market is growing at an accelerating rate due to higher consumption rates in the private, commercial and industrial sectors. This results in the need for a successful implementation strategy that can bridge the gap between the current supply and increasing demand. A smart grid network makes for the ideal bridge where the goals of modernization can meet those of a reliable public infrastructure.
Regional countries such as UAE, Saudi Arabia and Jordan are moving ahead smart meter rollouts. The high incomes in those countries, high electricity consumption, and small populations will drive smart meter deployments in the medium-term. The technologies used and lessons learned in these deployments will then be diffused throughout the region.
Smart grid offers an excellent opportunity to modernize Middle East power infrastructure, lay the foundation for energy management, provide new employment opportunities and ultimately reduce region’s dependence on fossil fuels. The Middle East region has the highest per capita carbon footprint in the world which can be offset by deployment of smart energy systems.
In the last few years, the number of events, conferences and meetings focused on smart grid and smart energy has sky-rocketed in the Middle East. The growing amount of attention being paid to this area reflects an increased sense of urgency to meet the energy requirements of fast-growing population and sustain the rapid industrial growth across the region.