Open AccessExamination of The Impact of Smart Grid Technologies For Energy Saving Potential on Residential Buildings In India
Author(s) -
V. Vasudevan
Publication year - 2019
Publication title -
international journal of innovative technology and exploring engineering
Language(s) - English
Resource type - Journals
ISSN - 2278-3075
DOI - 10.35940/ijitee.b1094.1292s219
Subject(s) - environmental economics , smart grid , investment (military) , scarcity , energy conservation , electricity , consumption (sociology) , distributed generation , grid , efficient energy use , urbanization , electricity generation , business , energy consumption , architectural engineering , natural resource economics , power (physics) , engineering , renewable energy , economics , electrical engineering , economic growth , geography , social science , physics , geodesy , quantum mechanics , sociology , politics , political science , law , microeconomics
India, a developing country has targeted 9% growth rate, its yearly power generation has increased to 6.5% per year from 2011 to 2017. It is due to the fast urbanization and increase in building occupied area. However, India is experiencing energy scarcity nowadays. The power generation can’t able to satisfy the demand to withstand its growth rate in future. Therefore, this study investigates some technologies for connecting residential buildings to the Smart Grid, to minimize electricity consumption. It can be achieved by optimizing consumer’s devices through interface with Home Area Networks (HANs), Smart Grid-connected home machines diagnostics, and enhanced capability to aim and adopt energy efficiency agendas. These tactics create impacts on energy conservation that influencing the initial investment on new generation.