Friday, May 18, 2012

Grids and Cities: “Smart” will be buzz word

“Smart” will be buzz word in Asia this year
15 May 2012 - The terms smart grids and smart cities have become more common in the past few years at a time of human being facing serious climate challenges. That’s why two events will be taking place in Asia later this year focusing on smart solutions to our growing clean energy needs.

India now has the fifth largest electricity grid in the world and the world’s third largest transmission and distribution network. However, the demand from increased economic activities and the rising living standard of population has led to a situation where the supply of energy falls short of the demand. India power industry are facing major challenges like huge supply shortfalls, power theft, poorly planned distribution networks and low metering efficiency and bill collection.

Therefore, the smart grid may offer India a unique opportunity to leapfrog into a vastly improved electricity environment. The immediate beneficiaries would be the people of India. The design of a sustainable smart grid model would also provide a blueprint for developing nations.

Follow the success of World Smart Grid Conference India Week organized in Mumbai last year, the SZ&W Group has announced that it will hold a 2nd event this year, this time in New Delhi. read more>>>

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