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Smart Grid to Energy Internet: A Systematic Review of Transitioning Electricity Systems

Joseph, A and Balachandra, P (2020) Smart Grid to Energy Internet: A Systematic Review of Transitioning Electricity Systems. In: IEEE Access, 8 . pp. 215787-215805.

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Official URL: https://dx.doi.org/10.1109/ACCESS.2020.3041031


The concept of Energy Internet has emerged from the limitless possibilities of energy sharing networks formed by interconnection of electricity producers cum consumers (prosumers) with renewable energy sources/systems, electric loads, and storage devices. Energy Internet represents a radical transformation of traditional electricity system by orchestrating real-time bidirectional power, communication, and money flows. This transformation is expected to be resultant of ongoing renewable energy transitions and evolution in the energy technologies such as smart grids, storage devices, vehicle-to-grid, etc. Energy Internet will rely on wide spectrum of Information and Communication Technologies such as Internet of Things, Artificial Intelligence, Blockchains, Payment Interfaces, etc. These technologies have achieved a state of evolution to facilitate seamless bidirectional flows in the Energy Internet. This paper has attempted to study the aptness of Energy Internet for a transitioning electricity system by focusing on national electricity systems across the globe. Firstly, study delves into discussion on studies related to smart grids since it is the precursor of Energy Internet, and various other studies which discuss the developments that likely to enable smooth transition of present electricity system to Energy Internet. Secondly, a systematic review of literature related to state-of-the-art of Energy Internet is performed to outline its structure, operational features and energy market mechanisms. We find that while system infrastructures, technologies, and operational principles across globe are adequately ready for the transition to Energy Internet, hindrances put forth by the policies, regulations, government agencies and institutions need to be addressed to realize a nation-wide Energy Internet. © 2013 IEEE.

Item Type: Journal Article
Publication: IEEE Access
Publisher: Institute of Electrical and Electronics Engineers Inc.
Additional Information: copyright to this article belongs to Institute of Electrical and Electronics Engineers Inc.
Keywords: Artificial intelligence; Electric loads; Electric power transmission networks; Electric utilities; Interface states; Renewable energy resources; Vehicle-to-grid; Virtual storage, Bi-directional flows; Electricity producers; Information and Communication Technologies; National electricity system; Operational principles; Radical transformation; Renewable energy source; System infrastructure, Energy storage
Department/Centre: Division of Interdisciplinary Sciences > Management Studies
Date Deposited: 07 Jan 2021 10:12
Last Modified: 07 Jan 2021 10:12
URI: http://eprints.iisc.ac.in/id/eprint/67557

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