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Scope for energy balance with microgrid innovations

EPR Magazine (Electrical & Power Review)

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August 2024

Picture a world where power flows seamlessly, effortlessly balancing supply and demand. Advanced energy storage and monitoring systems are the key to this vision. Innovations in microgrids are making stable and reliable energy a reality despite implementation challenges.

- Shashank Vyas

Scope for energy balance with microgrid innovations

Automatic generation control, ancillary services management, and software solutions like advanced market management systems coordinate generators’ power output in real time. This approach enhances wholesale market dynamics, increasing efficiency and market value for conventional and RE-based generators. Flexibility is being actively implemented through smart grid technologies, enabling generators to ramp up to their rated power smoothly. Energy storage at the generation end is helping transform how we meet demands through coordination among load, price, and market dynamics. Advanced monitoring through PMUs provides enhanced observability. Optimisation platforms like advanced energy management systems (AEMS) support real-time power flow for transmission systems.

Advanced metering and AMR have provided the backbone for smart metering, which ensures a transparent energy account and reduces AT&C losses in distribution lines. Predictive maintenance and predictive analytics are transforming asset maintenance and management in the distribution network. The DERMS platform is helping DSOs manage a variety of DERs, like rooftop solar, EV chargers, and behind-the-meter batteries.

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