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These flashcards summarize the key concepts and benefits of Smart Grid technology as discussed in the lecture notes.
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What is the Smart Grid?
A Smart Grid is an electric power system that allows for two-way communication between producers and consumers, enabling better management of electricity supply and demand.
What are the key components that differentiate a Smart Grid from a conventional grid?
A Smart Grid includes smart meters, communication technologies, and advanced sensors that enable real-time monitoring and management of energy.
What are the main challenges faced by the current power grid?
The main challenges include meeting demand with little advanced notice, ensuring reliability to prevent blackouts, and maintaining quality of power supply.
Why is electricity considered an energy currency?
Electricity is considered an energy currency because it is a convenient and efficient means of delivering energy, created from various sources and consumed immediately.
What is one significant benefit of the Smart Grid technology?
It allows for increased efficiency and reliability in electricity distribution, enabling consumers to better manage their energy usage and costs.
What were the two recent trends leading to the need for Smart Grid technology?
1) Increasing use of renewable energy sources, and 2) The computerization of industrial and home appliances.
What is the goal of the Intelligent Energy System (IES) project in Singapore?
The goal of the IES project is to provide consumers with more information, choice, and control over their electricity usage, thereby improving energy efficiency.
What was the first Smart Grid implementation credited to?
The first Smart Grid implementation is credited to Italy's ENEL Telegestore Project, established in 2000.
What are the expected benefits of Smart Grid technologies by 2025?
Smart Grid technologies could potentially reduce electricity consumption in the US by 10% to 15%.
What impact does the Smart Grid have on reducing greenhouse gas emissions?
The Smart Grid can reduce emissions by improving generation efficiency and allowing for better load balancing, which makes fossil-fired generation operate more consistently.