Ingenieur Vol 58 April-June 2014 Ingenieur Vol 58 April-June 2014 | Page 50

INGENIEUR ●● ●● ●● ●● Enabling customers to have greater control of their usage pattern and conservation, Having considerable capacity to reduce global carbon emissions, Providing the ability to manage increasing numbers of electric vehicles and charging stations, and Simulating an array of new business models in the energy sector. Definition of Smart Grid There are various definitions of Smart Grid in the literature, for example, Korean Electric Power Corporation (KEPCO) defines Smart Grid as an intelligent power system that integrates existing generation, transmission and distribution systems with information communications technology (ICT) which enhances the efficiency of the energy supply, stabilizes the power system and increases the 6 48 VOL 58 APRIL 2013 2014 VOL 55 JUNE – JUNE acceptability of renewable energies and energy storage systems. It can also provide high quality electricity to customers through demand side management and by improving the power system stability with data gathered from many sensors, not to mention its ability to predict and deal with failures. TNB has established the delineations of Smart Grid as “upgrading the capability of the existing electric power grid by deploying more automation and ICT technologies to enable the grid to operate more efficiently, reliably and offer additional services to consumers to save money and reduce CO2 emissions”. Smart Grid Schemes in TNB Leveraging on the integration of automation, technology, communication and IT applications on existing grid network, TNB envisions having a smarter grid beyond 2020 which will have the following schemes: