The Paradigm Revolution in the Distribution Grid: The Cutting-Edge and Enabling Technologies

• Main Authors: Thasnimol C M, Rajathy R.
• Format: Article
• Language: English
• Published: De Gruyter 2020-11-01
• Series: Open Computer Science
• Subjects: big data; energy market; demand response; micro-phasor measurement units; internet of energy; blockchain technology; cloud computing
• Online Access: https://doi.org/10.1515/comp-2020-0202

Bi-directional information and energy flow, renewable energy sources, battery energy storage, electric vehicle, self-healing capability, and demand response programs, etc., revolutionized the traditional distribution network into the smart distribution network. Adoption of modern technologies like intelligent meters such as advanced metering infrastructure & Micro-phasor measurement units, data storage, and analysis techniques and incentive-based electricity trading mechanisms can bring this paradigm shift. This study presents an overview of popular technologies that facilitate this transformation, giving focus on some prime technologies such as real-time monitoring based on Micro-phasor measurement units, data storage and analytics, blockchain technology, multi-agent systems, and incentive-based energy trading mechanisms