Developing a low carbon electricity economy: Smart grid and smart users

Low-carbon electricity economy has become the major area of research for many countries that have made great efforts towards ensuring its gradual development in their society. A great level of understanding of the various features and benefits that the smart grid system offers to both the power prod...

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Bibliographic Details
Main Authors: Fayomi, O. S. I., Julian, Maya, Akande, I. G., Atiba, O. E., Ohunakin, O. S.
Format: Conference Proceeding
Language:English
Subjects:
Carbon
Electricity
Power consumption
Smart grid
Online Access:Get full text
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Summary:Low-carbon electricity economy has become the major area of research for many countries that have made great efforts towards ensuring its gradual development in their society. A great level of understanding of the various features and benefits that the smart grid system offers to both the power producing company and the smart users (i.e. consumers who are aware of the benefits that the system offers) is a major contribution to the interest of these countries in ensuring its development to full functionality at maximum efficiency. Various researches have indicated that complete development and satisfactory function of new smart grid systems can be accomplished, although there may be some technical constraints. Therefore, this research was carried out to create a level understanding of the low carbon electricity economy (smart grid system) review the development progress that have been attained by some major countries of the world.
ISSN:0094-243X
1551-7616
DOI:10.1063/1.5116997