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DTSTART:20171001T030000
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DTSTAMP:20180107T224047Z
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DTSTART;TZID=Australia/Sydney:20171121T130000
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DESCRIPTION:SMART GRID : OPPORTUNITIES AND THREATS\n\nDr. C K Chanda\, MIEE
 E\, MIET(UK)\, FIE(I)\, MISTE(I)\n\nProfessor\, Electrical Engineering Dep
 artment\n\nIndian Institue of Engineering Science and Technology \, Botani
 cal Garden\, Howrah\, India\n\nmail Id : ckc_math@yahoo.com \, ckc@ee.iies
 ts.ac.in\n\nAbstract:\n\nAlthough the electric grid is considered an engin
 eering marvel\, we are stretching its patchwork nature to its capacity. To
  move forward\, we need a new kind of electric grid\, one that is built fr
 om the bottom up to handle the groundswell of digital and computerized equ
 ipment and technology dependent on it—and one that can automate and mana
 ge the increasing complexity and needs of electricity in this century.\n\n
 The digital technology that allows for two-way communication between the u
 tility and its customers\, and the smart sensing along the transmission li
 nes is what makes the grid smart. Like the Internet\, the Smart Grid will 
 consist of controls\, computers\, automation\, new technologies and smart 
 sensing equipment working together.\n\nThe Smart Grid represents an unprec
 edented opportunity to move the electrical energy industry into a new era 
 of deregulation\, reliability\, availability\, and efficiency that will co
 ntribute to our economic and environmental health. During the transition p
 eriod\, it will be critical to carry out testing\, technology improvements
 \, consumer education\, development of standards and regulations\, and inf
 ormation sharing between projects to ensure that the benefits we envision 
 from the Smart Grid become a reality.\n\nThe benefits associated with the 
 Smart Grid include:\n\n- More efficient transmission of electricity .Quick
 er restoration of electricity after power disturbances.Reduced operations 
 and management costs for utilities\, and ultimately lower power costs for 
 consumers.Reduced peak demand\, which will also help lower electricity rat
 es.Increased integration of large-scale renewable energy systems.Better in
 tegration of customer-owner power generation systems\, including renewable
  energy systems.Finally improved security with more resiliency.\n\nToday\,
  an electricity disruption such as a blackout can have a domino effect—a
  series of failures that can affect banking\, communications\, traffic\, a
 nd security. A smarter grid will add resiliency to our electric power Syst
 em and make it better prepared to address emergencies such as severe storm
 s\, earthquakes\, large solar flares\, and terrorist attacks. Because of i
 ts two-way interactive capacity\, the Smart Grid will allow for automatic 
 rerouting when equipment fails or outages occur. This will minimize outage
 s and minimize the effects when they do happen.\n\nCo-sponsored by: Prof. 
 Subhas Mukhopadhyay\n\nSpeaker(s): Prof. Dr. Chandan Chanda\, \n\nRoom: 14
 9\, Macquarie University\, E6B\, Sydney\, New South Wales\, Australia\, 21
 09
LOCATION:Room: 149\, Macquarie University\, E6B\, Sydney\, New South Wales\
 , Australia\, 2109
ORGANIZER:Subhas.Mukhopadhyay@mq.edu.au
SEQUENCE:1
SUMMARY:SMART GRID : OPPORTUNITIES AND THREATS
URL;VALUE=URI:https://events.vtools.ieee.org/m/48429
X-ALT-DESC:Description: &lt;br /&gt;&lt;p&gt;&lt;strong&gt;SMART GRID : OPPORTUNITIES AND THR
 EATS&lt;/strong&gt;&lt;/p&gt;\n&lt;p&gt;&lt;strong&gt;Dr. C K Chanda\, MIEEE\, MIET(UK)\, FIE(I)\,
  MISTE(I)&lt;/strong&gt;&lt;/p&gt;\n&lt;p&gt;Professor\, Electrical Engineering Department&lt;/
 p&gt;\n&lt;p&gt;Indian Institue of Engineering Science and Technology \, Botanical 
 Garden\, Howrah\, India&lt;/p&gt;\n&lt;p&gt;mail Id : ckc_math@yahoo.com \, ckc@ee.iie
 sts.ac.in&lt;/p&gt;\n&lt;p&gt;&lt;strong&gt;Abstract:&lt;/strong&gt;&lt;/p&gt;\n&lt;p&gt;Although the electric
  grid is considered an engineering marvel\, we are stretching its patchwor
 k nature to its capacity. To move forward\, we need a new kind of electric
  grid\, one that is built from the bottom up to handle the groundswell of 
 digital and computerized equipment and technology dependent on it&amp;mdash\;a
 nd one that can automate and manage the increasing complexity and needs of
  electricity in this century.&lt;/p&gt;\n&lt;p&gt;The digital technology that allows f
 or two-way communication between the utility and its customers\, and the s
 mart sensing along the transmission lines is what makes the grid smart. Li
 ke the Internet\, the Smart Grid will consist of controls\, computers\, au
 tomation\,&amp;nbsp\; new technologies and smart sensing &amp;nbsp\;equipment work
 ing together.&lt;/p&gt;\n&lt;p&gt;The Smart Grid represents an unprecedented opportuni
 ty to move the electrical&amp;nbsp\; energy industry into a new era of deregul
 ation\, reliability\, availability\, and efficiency that will contribute t
 o our economic and environmental health. During the transition period\, it
  will be critical to carry out testing\, technology improvements\, consume
 r education\, development of standards and regulations\, and information s
 haring between projects to ensure that the benefits we envision from the S
 mart Grid become a reality.&lt;/p&gt;\n&lt;p&gt;&lt;strong&gt;The benefits associated with t
 he Smart Grid include:&lt;/strong&gt;&lt;/p&gt;\n&lt;ul&gt;\n&lt;li&gt;&lt;strong&gt;More efficient tran
 smission of electricity .Quicker restoration of electricity after power di
 sturbances.Reduced operations and management costs for utilities\, and ult
 imately lower power costs for consumers.Reduced peak demand\, which will a
 lso help lower electricity rates.Increased integration of large-scale rene
 wable energy systems.Better integration of customer-owner power generation
  systems\, including renewable energy systems.Finally improved security wi
 th more resiliency.&lt;/strong&gt;&lt;/li&gt;\n&lt;/ul&gt;\n&lt;p&gt;Today\, an electricity disrup
 tion such as a blackout can have a domino effect&amp;mdash\;a series of failur
 es that can affect banking\, communications\, traffic\, and security. A sm
 arter grid will add resiliency to our electric power System and make it be
 tter prepared to address emergencies such as severe storms\, earthquakes\,
  large solar flares\, and terrorist attacks. Because of its two-way intera
 ctive capacity\, the Smart Grid will allow for automatic rerouting when eq
 uipment fails or outages occur. This will minimize outages and minimize th
 e effects when they do happen.&lt;/p&gt;
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