How Does Smart Grids to Smart Energy Ecosystem Work?

Introduction

For many countries, the energy power is basic to its progress and development. Since the energy sector insights economic boost, the power grid has always had an extreme on a nation economic power, protection and continual.

Now, backed by advances in emerging technologies like machine learning, deep learning artificial intelligence, business intelligence, digital coin, Internet of Things and more, the boosting digitization, automation, communication, connectivity, and decentralization are on their path to essentially transform the way nations support diverse energy sources, supply chains, and energy management procedures. As an output, each separate nation is now able to lay the foundation of an intelligent, connected, democratized, and distributed energy market which can task for customers, have diverse energy sources, and which ensures that energy provide can always meet demand. Separately and collectively, this will likely lay a foundation to bring sustainability to national economic engines.

As the technology transformation arise, the evolution in the network is on its way to both offering energy to keep flowing where and when it's required and providing all energy resources to be used systematic. So, as nations witness transformative modifies to the way electricity is generated, transmitted, supported and used, it is essential to aware and evaluate the emerging trends in technology that could move the network further.

Accepting this emerging reality,  Risk network begin a much-needed communication on Smart network to Smart Energy with certified admin spoke parson, Executive Chairman of Biosirus Inc., Expert tips on Smart network, Smart Cities and Energy solutions from Canada on Risk Roundup.

Risk Group communities’ Smart framework to Smart Energy with certified admin spoke parson, Expert Adviser on Smart Grid, Smart Cities and Energy Systems; globally identified Speaker and Corporate Director on Risk Roundup.

Electric Power Grid

The electric power network, understand as the most difficult and most substantial machine on the globe, is a coordinated energy infrastructure built up of power generation, transmission, and provider. As technology transforms the electric network, the quickly emerging micro grids, intelligent sensors, 2-way communication, digitization, and automation of energy management procedures have laid the foundation to not only smart grids but also smart energy. Again, the democratization and fragmentation of diverse energy resources have also joined to this shift.

As technology transforms the network, separate nation’s power network is at an important juncture. While there are many crack and opportunities to boost energy efficiency, production, provide, transmission, and collect, it will be curious to see how nations resolve the appropriate balance between the playing significance of various energy reference to enable digitization, computerization, fragmentation, and modernization of the electric power ecosystem. So, amidst many competing and conflicting interests, how are nations conceptualizing the future design of the evolving power grid system? As nations evaluate the technical obsolescence of its grid, what is the impact on safety, security, and sustainability?

Smart Grid to Smart Energy

As the technology transformation provides for two-way communication between the network and its customers, the quickly evolving automation that is on its way to making the grid intelligent contains of not only support, computers, and automation, but also many latest technologies like the internet of things and crypto currencies. These technologies work with the electrical network to reply digitally to the quickly changing electric demand in real time.

Furthermore, customers enhancing producers of energy is fundamentally modify energy economics. The reason behind that is over the years, the power flow was one-way: from generation to transmission to provider to consumers. Now, as consumers become generates of energy due to maturing solar panels, wind turbines, and other sources of energy, the power flow is 2-way.

The emerging smart network serves an extraordinary opportunity to move the energy sector into a latest era of smart energy which would foster accuracy, opportunity, accountability, and efficiency that would provide to a nation's economic health. From efficient transmissions of electricity to rapid restorations of power, cost efficiency to lower electricity rates, increased integration of diverse energy sources to increased intelligence of energy requires, the smart network will bring many advantages to the evolving smart energy ecosystem.

That carries us to a crucial question: how are nations preparing for the evolution of their energy grid? While it will get some time for the emerging smart grid to bring smart energy to all nations, the deriving energy ecosystem will basically modify the energy equation for the future of humanity.

Security Threats to Smart Grid

With the aging electrical power infrastructure and with influenced reliance on automated control systems (e.g. smart meters), there is boosting susceptibility to security threats. So, what are the security risks to the smart network? Where do the threats originate?  It seems there are many variables to protect threats to smart network: ranging from cyber-criminals, nation-states, natural disasters, human-made disasters, and inadvertent technical and non-technical issues. Are nations prepared to face the emerging security threats to its power grid from cyberspace, geospace, and space? It is require to understand and evaluate what technological and non-technological advance in network infrastructure are necessary across nations to build resilient network.

Understanding risk and resilience are crucial as nations’ electric network, data centers, telecommunications networks, and other bitching infrastructure are also unprotected to electromagnetic warfare: a nuclear weapon that produces an EMP (Electro-Magnetic Pulse). Even a geomagnetic storm from the sun could also build an EMP effect. So, when cyber warfare, electromagnetic warfare, and space warfare all have the likely to cause temporary or permanent disruptions to the electric power network, how can a nation ensure a sustainable source of energy supply?

Smart grids represent an #opportunity to move the #energy industry into a new era of smart energy, fostering reliability, availability & efficiency that would contribute to a nation's economic health.#nZEB #SmartHome #SmartEnergy #Innovation #Technology https://t.co/J9Bo913Mq4

— nZEB Smart Home DIH (@nZEBSmartHome) May 22, 2019

What Next?

For any country, the safety of its energy ecosystem is underlying to its economic health. As nations specify and design smart energy grids, it is vital to evaluate the security vulnerabilities and build the network strong to both natural and artificial disasters. However, to be able to do that, we first require to understand who is responsible for the security of the power grid. Do you know who is responsible for power grid security in your nation?