Business Development
MGMT 701-101- Winter 2013
Case Study Assignment
Case name: Smart Grids
Assignment Type: Group Report
[pic]
Group members:
➢ Ifeoluwa Omoyajowo
➢ Kaan Karaagac
➢ Shuhai Li
➢ Waseem Saif
Introduction: A smart Grid is the path to clean, efficient and more reliable energy. It is a major transformation of the electric grid. Realizing its vast potential requires innovation and engagement from various industry leaders, from provincial and federal government, and from our communities. Smart grid describes the application of digital technologies to the existing electrical grid. These changes to today’s electricity networks can reduce outages, deliver power more efficiently and allow consumers to manage their electricity use with in-home displays and other technologies. The Smart Grid allows utilities to distribute conventional and renewable power to consumers more efficiently, reliably, safely and economically. It integrates two-way digital communication technology that analyzes, monitors and streamlines the system to maximize throughput, while promoting and enabling a reduction of overall energy consumption. It also has different goals for various stakeholders.
Utilities: Smart Grid marks a crucial transformation to modern, intelligent and highly accurate performance.
Governments: Smart Grid means achieving energy and environmental goals.
Businesses: Smart Grid presents growing opportunity for innovation, development and deployment of leading-edge technologies and products, while capturing emerging opportunities in domestic and international markets to advance Canada’s Smart Grid infrastructure.
Canadians: Smart Grid provides job opportunities, energy savings, environmental stewardship and global leadership. If we want to give an extra information ,President and CEO of the Independent Electricity System Operator (IESO) think like that“Smart grids offer so many options for consumers ,detailed consumption
Case Study Assignment
Case name: Smart Grids
Assignment Type: Group Report
[pic]
Group members:
➢ Ifeoluwa Omoyajowo
➢ Kaan Karaagac
➢ Shuhai Li
➢ Waseem Saif
Introduction: A smart Grid is the path to clean, efficient and more reliable energy. It is a major transformation of the electric grid. Realizing its vast potential requires innovation and engagement from various industry leaders, from provincial and federal government, and from our communities. Smart grid describes the application of digital technologies to the existing electrical grid. These changes to today’s electricity networks can reduce outages, deliver power more efficiently and allow consumers to manage their electricity use with in-home displays and other technologies. The Smart Grid allows utilities to distribute conventional and renewable power to consumers more efficiently, reliably, safely and economically. It integrates two-way digital communication technology that analyzes, monitors and streamlines the system to maximize throughput, while promoting and enabling a reduction of overall energy consumption. It also has different goals for various stakeholders.
Utilities: Smart Grid marks a crucial transformation to modern, intelligent and highly accurate performance.
Governments: Smart Grid means achieving energy and environmental goals.
Businesses: Smart Grid presents growing opportunity for innovation, development and deployment of leading-edge technologies and products, while capturing emerging opportunities in domestic and international markets to advance Canada’s Smart Grid infrastructure.
Canadians: Smart Grid provides job opportunities, energy savings, environmental stewardship and global leadership. If we want to give an extra information ,President and CEO of the Independent Electricity System Operator (IESO) think like that“Smart grids offer so many options for consumers ,detailed consumption
References: http://www.backbonemag.com/Magazine/2011-05/how-smart-is-canadas-smart-grid.aspx sgcanada.org en.wikipedia.org/wiki/smart_grid