Restructuring of Indian Power System with Micro Grid
Journal Title: International Journal for Research in Applied Science and Engineering Technology (IJRASET) - Year 2017, Vol 5, Issue 6
Abstract
Indian power system is a vertical power system, where power generating station is at the top and customers are at bottom. Most of the electricity produced today is generated in large generating stations, which is then transmitted at high voltages to the load centers and distributed among consumers at distribution level voltage through local distribution systems. This system leads to monopoly in the market. This leads to less chance of innovation in power system. Now power generators become vital they don’t take any risk in order to improve performance of the system and leads to poor quality of power. Restructuring of power system can be done by unbundling the power system. Generation, transmission and distribution will be performed by different company, which are independent. The structural components representing various segments of the restructured electricity market are Generation companies (GENCOs), Distribution companies (DISCOs), Transmission companies (TRANSCOs), an Independent System Operator (ISO) and a Power Exchange (PX). Continuity of supply is important than the cost of the electrical energy. To meet the growing power demand, electric power industry has to adopt the renewal sources of energy. Solar and wind energy are very important in his context. For meeting the demand of electricity we should merge the concept of restructuring with micro grid. A Micro grid is any small or local electric power system that is independent of the bulk electric power network and having own sources. Restructuring the power system makes it open market. So it invites private companies to establish the micro grids and utilize renewal sources of energy. The objective of this paper is to evaluate the way of restructuring the power system to meet the growing demand of power with maintaining the quality of power.
Authors and Affiliations
Durgesh Choudhary, Pritish Pradhan
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