» The Future of Power Systems: Smart Grid and Microgrid

The Future of Power Systems: Smart Grid and Microgrid

According to the United States Department of Energy, today’s power system is 99.97% reliable, but the remaining 0.03 percent costs a total of $150 billion a year. It’s a fact that if grids were just 5% more efficient, energy saving would be enough to permanently eliminate fuel and greenhouse gas emissions.

At one point it seemed inevitable that the future of power systems would be based on the Smart Grid. However, the energy crisis has forced the utilization of renewable and clean energy through small-scale Microgrids. Interaction of these two growing new technologies requires development of more complicated control strategies. In other words, while each Microgrid has to satisfy its own localized constraints and objectives, limitations and objectives enforced by the whole Smart Grid and/or other Microgrids enforce extended and more conservative constraints.

As a solution to all commitments and obligations of power systems, ETAP does not offer just one or two tools, but an enterprise solution to satisfy all interconnected and even interacting requirements of every power grid. Its ability to provide load and generation estimation, real time monitoring, forecasting, archiving, simulation and optimization make it the ideal brain for the smart acting grid.