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Smart Grid
Smart Grid facilitates effi cient and reliable end-to-end intelligent two-way delivery system
from source to sink through integration of renewable energy sources, smart transmission and
distribution. In this way Smart Grid technology shall bring effi ciency and sustainability in
meeting the growing electricity demand with reliability and best of the quality.
Smart Grid also enables real time monitoring and control of power system as well as helps in
reduction of AT&C losses, demand response and demand side management, power quality
management, outage management, smart home energy system etc. Smart Grid will act as a
backbone infrastructure to enable new business models like smart city, electric vehicles, smart
communities apart from more resilient and effi cient energy system and tariff structures.
The availability factor of a power plant is the amount of time that it is able to
produce electricity over a certain period, divided by the amount of the time in the period.
Plant Load Factor (PLF) is the ratio between the actual energy generated by the plant to the
MAXIMUM possible energy that can be generated with the plant working at its rated power and
for a duration.
Wheeling Charges
In electric power transmission, wheeling is the transportation of electric power (megawatts or
megavolt-amperes) over transmission lines.[1] Electric power networks are divided into transmission
and distribution networks. Transmission lines move electric power between generating
facilities and substations, usually in or near population centers. From substations, power is sent to
users over a distribution network.
An entity that generates power does not have to own power transmission lines: only a connection to
the network or grid. The entity then pays the owner of the transmission line based on how much
power is being moved and how congested the line is.
Since prices to move power are based on congestion in transmission line networks, utilities try to
charge customers more to use power during peak usage (demand) periods. This is accomplished by
installing time-of-use meters to recover wheeling costs.