World Bank Studies: Practical Guidance for Defining a Smart Grid Modernization Strategy (ePub)

Practical Guidance for Defi ning a Smart Grid Modernization Strategy: The Case of Distribution guidesstakeholders on how utilities can defi ne their own smart grid vision, identify priorities, andstructure investment plans. While most of these strategic aspects apply to any area of the electricitygrid, the book focuses on distribution. The guidance includes key building blocks for modernizingthe distribution grid and provides examples of grid modernization projects. This revised editionalso includes key communication system requirements to support a well-functioning grid.The concept of the smart grid is relevant to all grids. What varies are the magnitude and type ofthe incremental steps toward modernization for achieving a specifi c smart grid vision. A utility that isat a relatively low level of grid modernization may leapfrog one or more levels of modernization toachieve some of the benefi ts of the highest levels of grid modernization.Smart grids impact electric distribution systems signifi cantly. In developing countries, modernizingthe distribution grid promises to benefi t the operation of electric distribution utilities in manyand various ways. These benefi ts include improved operational effi ciency (such as reduced lossesand lower energy consumption), reduced peak demand, improved service reliability, and ability toaccommodate distributed generating resources without adversely impacting overall power quality.Practical Guidance for Defi ning a Smart Grid Modernization Strategy concludes by describingfunding and regulatory issues that may need to be taken into account when developing smart gridplans.The World Bank Studies series is available for free download online through the Open KnowledgeRepository (https://openknowledge.worldbank.org).